The Revolving Commitment. The Lender agrees, on the terms and conditions hereinafter set forth, to make loans (“Revolving Loans”) to the Borrower from time to time during the period from the date hereof to but excluding the Expiration Date in an aggregate amount not to exceed (i) the Revolving Commitment at such time less (ii) the aggregate principal amount of the outstanding Revolving Loans at such time; provided, that immediately after giving effect thereto, the Senior Debt Asset Coverage would not be less than 3.00:1.00. Within the foregoing limits, the Borrower may borrow, repay pursuant to Section 2.2 and reborrow under this Section.
The Revolving Commitment. On the terms and subject to the conditions hereof, the Lender agrees to make advances (each an “Advance”) to the Borrower on a revolving basis at any time and from time to time from the Closing Date to July 31, 2008 (the “Maturity Date”), during which period the Borrower may borrow, repay and reborrow in accordance with the provisions hereof, provided, that the unpaid principal amount of outstanding Advances shall not at any time exceed US$2,000,000 (the “Commitment Amount”).
The Revolving Commitment. From time to time during the Availability Period, upon the terms and subject to the conditions hereof, the Bank agrees to extend credit to the Company and the Guaranteed Subsidiaries consisting of Loans, Acceptances, Letters of Credit and Other Credits; provided, however, that the aggregate principal amount of Loans and the aggregate amount of Acceptance Obligations, Letter of Credit Obligations, and Other Credit Obligations of the Company and all of its Subsidiaries combined, or the Equivalent Amount thereof (together, the “Outstanding Amount”), shall not at any time exceed the Commitment. The Credits are revolving credits and, subject to the terms and conditions hereof, may be extended, repaid or otherwise retired, and re-extended from time to time.
The Revolving Commitment. On the terms and subject to the conditions hereof, the Lender agrees to make advances (each an "Advance"), (a) to the Borrowers on a revolving basis ("Revolving Loan Advances"), and (b) to the Senior Lender for the account of the Borrowers in accordance with the Call Agreement and Section 2.2(b) hereof ("Senior Lender Advances"), at any time and from time to time from the Closing Date to the Maturity Date. Until the Maturity Date, (i) the Borrower may borrow, repay and reborrow Revolving Loan Advances in accordance with the provisions hereof, and (ii) the Senior Lender may request payment of Senior Lender Advances for the account of the Borrowers under the Call Agreement, provided that the unpaid aggregate principal amount of all outstanding Advances shall not at any time exceed the Commitment Amount at such time.
The Revolving Commitment. The Lender agrees, on the terms and conditions hereinafter set forth, to make loans (“Revolving Loans”) to the Borrower from time to time during the period from the date hereof to but excluding the Maturity Date in an aggregate amount not to exceed the amount set opposite the Lender’s name on the signature pages hereof, as such amount may be increased pursuant to Section 2.1(c). Within the foregoing limits, the Borrower may borrow, repay, and reborrow under this Section.
The Revolving Commitment. The Borrower hereby represents and warrants that each of the conditions set forth in Section 4.2 of the Credit Agreement has been satisfied on and as of the date of such Borrowing.
The Revolving Commitment. 1. Revolving Loans and Revolving Credit Note................. Section 2.2.
The Revolving Commitment. On the terms and subject to the conditions hereof, the Bank agrees to make loans (each, a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower on a revolving basis at any time and from time to time from April 1, 1997 to the Termination Date, during which period the Borrower may borrow, repay and reborrow in accordance with the provisions hereof, provided, that the unpaid principal amount of outstanding Revolving Loans shall not at any time exceed the Revolving Commitment Amount. Revolving Loans may be obtained and maintained, at the election of the Borrower but subject to the limitations hereof, as Reference Rate Advances or Eurodollar Rate Advances or any combination thereof.
The Revolving Commitment. The Lender agrees, on the terms and conditions hereinafter set forth, to make loans ("REVOLVING LOANS") to the Borrower from time to time during the period from the date hereof to and including the Maturity Date in an aggregate amount not to exceed the lesser of (x) the Revolving Commitment, as such amount may be reduced pursuant to Section 2.1(c) or (y) the Borrowing Base. Within the limits of the Revolving Commitment and prior to the Maturity Date, the Borrower may borrow, repay pursuant to Section 2.2(b) and reborrow under this Section, PROVIDED that at no time shall the aggregate principal amount of outstanding Revolving Loans plus the Letter of Credit Usage then in effect exceed the Revolving Commitment then in effect.
The Revolving Commitment. On the terms and subject to the conditions hereof, the Lender agrees to make Advances to the Borrower on a revolving basis at any time and from time to time from the Closing Date to January 2, 1998 (the "Maturity Date"), during which period the Borrower may borrow, repay and reborrow in accordance with the provisions hereof, PROVIDED, that the unpaid principal amount of outstanding Advances shall not at any time exceed $11,000,000 (the "Commitment Amount").
