The Committed Loans. On or after the Effective Date, each of the Lenders severally agrees, upon the terms and conditions of this Agreement, to make Loans in Dollars to the Company under this Section 2.01 from time to time prior to the Commitment Termination Date or the termination in full of such Lender’s Commitment, whichever is earlier, such that the Total Usage of such Lender shall at no time exceed such Lender’s Commitment in effect at such time. No more than twelve Tranches of Eurodollar Loans and Competitive Bid Loans (as set forth in Section 2.03(b) below) shall be outstanding at any time. Within such limits, the Company may borrow, repay and reborrow under this Section 2.01. Each borrowing from the Lenders shall be in an aggregate amount of not less than $10,000,000 and in multiples of $1,000,000.
The Committed Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender's Revolving Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Lender's Revolving Commitment (other than as described in Section 2.04 with respect to the Swing Line Lender). Within the limits of each Revolving Lender's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(a). Committed Loans may be Base Rate Loans or LIBOR Rate Loans, as further provided herein. The Borrower promises to pay to the Administrative Agent, for the account of the Revolving Lenders, all amounts due under the Committed Loans on the Maturity Date applicable thereto or such earlier date as is required hereunder.
The Committed Loans. The Company agrees to repay to the Agent for the account of the Lenders the outstanding principal amount of all Tranche A Loans on the Tranche A Termination Date. The Company agrees to repay to the Agent for the account of the Lenders the outstanding principal amount of all Tranche B Loans on the Tranche B Termination Date.
The Committed Loans. The Borrowers shall repay to the Banks in full on the Termination Date the aggregate principal amount of the Committed Loans outstanding on the Termination Date.
The Committed Loans. The Company shall repay to the Agent for the account of the Banks on the Revolving Termination Date the aggregate principal amount of Committed Loans outstanding on such date.
The Committed Loans. The outstanding principal amount of all Committed Loans shall be repaid on the Maturity Date.
The Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) to Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
The Committed Loans. Subject to and on the terms and conditions hereof, each Bank, by its acceptance hereof, severally agrees to make a loan or loans (individually a "Committed Loan" and collectively the "Committed Loans") to the Borrowers from time to time prior to the Termination Date on a revolving basis not at any time exceeding in the aggregate the amount of its commitment as set forth on the applicable signature page hereof or on an Assignment Agreement to which it is a party, all as reduced from time to time pursuant to Section 4.7 hereof (its "Commitment" and cumulatively for all the Banks the "Commitments"). The aggregate principal amount of all Loans outstanding at any one time shall not exceed the Commitments as then in effect. Each Borrowing of Committed Loans shall be made ratably from the Banks in proportion to the amounts of their Commitments. The relevant Borrower may elect that any Committed Borrowing be made available by means of (i) Domestic Rate Loans, (ii) Adjusted CD Rate Loans or (iii) Eurodollar Loans, which Loans may be repaid and the principal amount thereof reborrowed through the Termination Date, subject to all reductions in the Commitments permitted by Section 4.7 hereof and all other terms and conditions hereof. Each Borrower promises to pay interest on each Committed Loan made to it at the rates and times provided in Section 3 hereof.
The Committed Loans. (a) Subject to the terms and conditions hereof, each Bank severally agrees to make advances (each a "Committed Loan" and, collectively, the "Committed Loans") to the Company during the Revolving Credit Availability Period; provided, however, that at any time during such period, (i) Aggregate Outstandings of all Banks shall not exceed the Aggregate Revolving Commitment, and (ii) the sum of (A) each Bank's Pro Rata Share multiplied by the sum of the aggregate unpaid face amount of all unmatured Acceptances and the aggregate amount of all outstanding Acceptance Obligations plus (B) the aggregate unpaid principal amount of such Bank's Committed Loans outstanding hereunder shall not exceed the amount of such Bank's Revolving Commitment which, for purposes of this clause (ii), shall be reduced by an amount equal to the product obtained by multiplying such Bank's Pro Rata Share by the aggregate unpaid principal amount of all outstanding Bid Loans. The Committed Loans may be maintained, at the election of the Company made from time to time as permitted herein, as Base Rate Loans or LIBOR Loans or any combination thereof permitted hereunder.
The Committed Loans. (a) Each Bank severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving credit Loans (the "Committed Loans") to the Borrower from time to time on any Business Day during the period from the Closing Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which does not exceed at any time such Bank's Commitment; provided that no Committed Loan shall be made as a Committed LIBOR Rate Loan after the day that is one month prior to the Termination Date; and provided, further, that in no event shall the aggregate amount of Committed Loans outstanding at any time exceed the aggregate amount of the Commitments at such time.
