Common use of The Revolving Credit Advances Clause in Contracts

The Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).

Appears in 3 contracts

Samples: Credit Agreement (Alliance Holdings GP, L.P.), Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Resource Partners Lp)

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The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower BRW from time to time on any Business Day during the period from the Effective Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of (i) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof in the case respect of Eurodollar Rate Advances and (other than, ii) $10,000,000 or an integral multiple of $1,000,000 in the case excess thereof in respect of Base Rate AdvancesAdvances (in each case, other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. The Revolving Credit Advances made to BRW and to BCSI under Section 2.01(b) of the Existing Credit Agreement and outstanding on the Effective Date shall for all purposes be deemed to have been made hereunder and shall constitute use of the Revolving Credit Facility. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower Borrowers may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b). BCSI may not borrow any new Revolving Credit Advances under this Section 2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (Broadwing Inc), Credit Agreement (Broadwing Communications Inc)

The Revolving Credit Advances. (a) Each Lender Bank severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a “Revolving Credit Advance”) Advances in Dollars to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date for such Bank in an aggregate amount for each such Advance not to exceed such Lender’s Bank's Unused Revolving Credit Commitment at such time. Each ; provided that no Revolving Credit Advance shall be required to be made, except as a part of a Revolving Credit Borrowing shall be that is in an aggregate amount not less than $10,000,000 in the case of Eurodollar Rate Advances and $1,000,000 or an integral multiple of $100,000 in excess thereof 5,000,000 in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than1,000,000, in the case of Base Rate Advances, a and each Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances of the same Type made simultaneously on the same day by the Lenders Banks ratably according to their respective Revolving Credit Commitments. Within the limits of each Lender’s Bank's Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a)borrow, prepay pursuant to Section 2.06(a) 2.10 and reborrow under this Section 2.01(a)2.01. The Borrower agrees to give a Notice of Revolving Credit Borrowing in accordance with Section 2.02(a) as to each Revolving Credit Advance.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Halliburton Co), Revolving Credit Agreement (Halliburton Co)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date Business Day after the date of Initial Extension of Credit until the Termination Date in respect of the Revolving Credit Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be be, in the case of a Eurodollar Rate Advance, in an aggregate amount of $5,000,000 or an integral multiple of $100,000 in excess thereof, or, in the case of a Base Rate Advance, in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of L/C Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit AdvancesExtensions) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (CBRL Group Inc), Credit Agreement (CBRL Group Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower CBI from time to time on any Business Day during the period from the Effective Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of (i) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof in the case respect of Eurodollar Rate Advances and (other than, ii) $10,000,000 or an 42 integral multiple of $1,000,000 in the case excess thereof in respect of Base Rate AdvancesAdvances (in each case, other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. The Revolving Credit Advances made to CBI and to BCSI under Section 2.01(b) of the Existing Credit Agreement and outstanding on the Effective Date shall for all purposes be deemed to have been made hereunder and shall constitute use of the Revolving Credit Facility. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower Borrowers may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b). BCSI may not borrow any new Revolving Credit Advances under this Section 2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a "Revolving Credit Advance") to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time; provided, however, that no Revolving Credit Advances may be made on the Effective Date. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).

Appears in 1 contract

Samples: Credit Agreement (Key3media Group Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Termination Date in respect of the Revolving Credit Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 5,000,000 in the case of Eurodollar Rate Advances or an integral multiple of $100,000 in excess thereof 5,000,000 in the case of Base Rate Advances and Advances, or in an aggregate amount of $5,000,000 or each case an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).. Xxxxxx’x Restaurants Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Landrys Restaurants Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date Business Day after the date of Initial Extension of Credit until the Termination Date in respect of the applicable Revolving Credit Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be be, in the case of a Eurodollar Rate Advance, in an aggregate amount of $5,000,000 or an integral multiple of $100,000 in excess thereof, or, in the case of a Base Rate Advance, in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of L/C Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit AdvancesExtensions) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Cracker Barrel Old Country Store, Inc)

The Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a "Revolving Credit Advance") to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Final Maturity Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such timetime after giving effect to any repayment of Letter of Credit Advances from proceeds of such Revolving Credit Advances, which Revolving Credit Advances shall, at the option of the Borrower, be Base Rate Advances or Eurodollar Rate Advances. Each Revolving Credit Borrowing of (x) Base Rate Advances shall be in an aggregate amount of $1,000,000 100,000 or any whole multiple thereof and (y) Eurodollar Rate Advances shall be in an aggregate amount of $300,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances thereof, (other than, in the case of Base Rate Advances, than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advancesmade by the Issuing Bank) and shall consist of Revolving Credit Advances made simultaneously by the Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).

Appears in 1 contract

Samples: Credit Agreement (Massic Tool Mold & Die Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”"REVOLVING CREDIT ADVANCE") to the Borrower Borrowers from time to time on any Business Day during the period from the Effective Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of (i) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof in the case respect of Eurodollar Rate Advances and (other than, ii) $10,000,000 or an integral multiple of $1,000,000 in the case excess thereof in respect of Base Rate AdvancesAdvances (in each case, other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrower Borrowers may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Broadwing Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Termination Date in respect of the Revolving Credit Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 in the case of Eurodollar Rate Advances or an integral multiple of $100,000 in excess thereof 1,000,000 in the case of Base Rate Advances and Advances, or in an aggregate amount of $5,000,000 or each case an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).

Appears in 1 contract

Samples: First Lien Credit Agreement (Landrys Restaurants Inc)

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The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date Business Day after the date of Initial Extension of Credit until the Termination Date in respect of the Revolving Credit Facility in an amount for each such Revolving Credit Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be be, in the case of a Eurodollar Rate Advance, in an aggregate amount of $5,000,000 or an integral multiple of $100,000 in excess thereof, or, in the case of a Base Rate Advance, in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of L/C Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit AdvancesExtensions) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow re-borrow under this Section 2.01(a2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Cracker Barrel Old Country Store, Inc)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”"REVOLVING CREDIT ADVANCE") to the Borrower from time to time on any Business Day during the period from the Effective Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advanceseach case, a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a2.05(a) and reborrow under this Section 2.01(a2.01(c).

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5,000,000 in the case of Eurodollar Rate Loans and $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 Loans or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, Loans and $500,000 in the case of Base Rate Advances, Loans in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Revolving Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) 2.06 and reborrow under this Section 2.01(a2.01(c).

Appears in 1 contract

Samples: Credit Agreement (US Power Generating CO)

The Revolving Credit Advances. (a) Each Lender Bank severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a “Revolving Credit Advance”) Advances in Dollars to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount for each such Advance not to exceed such LenderBank’s Unused Revolving Credit Commitment at such time. Each ; provided that (i) no Revolving Credit Advance shall be required to be made, except as a part of a Revolving Credit Borrowing shall be that is in an aggregate amount not less than $10,000,000 in the case of Eurodollar Rate Advances and $1,000,000 or an integral multiple of $100,000 in excess thereof 5,000,000 in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances 1,000,000, (other than, in the case of Base Rate Advances, a ii) each Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances of the same Type made simultaneously on the same day by the Lenders Banks ratably according to their respective Revolving Credit CommitmentsCommitments and (iii) the aggregate principal amount of all Revolving Credit Advances outstanding at such time shall not exceed the Borrowing Sublimit. Within the limits of each LenderBank’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a)borrow, prepay pursuant to Section 2.06(a) 2.10 and reborrow under this Section 2.01(a)2.01. The Borrower agrees to give a Notice of Revolving Credit Borrowing in accordance with Section 2.02(a) as to each Revolving Credit Advance.

Appears in 1 contract

Samples: Credit Agreement (Halliburton Co)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, each a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from following the Effective Initial Funding Date until the Business Day immediately preceding the Termination Date in respect of the Revolving Credit Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Rate Advances (other than, in the case of Base Rate Advances, than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).

Appears in 1 contract

Samples: Credit Agreement (Lumos Networks Corp.)

The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a “Revolving Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Termination Date in an amount for each such Advance not to exceed such LenderRevolving Credit Xxxxxx’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of Base Rate Advances and in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of Eurodollar Term SOFR Rate Advances (other than, in the case of Base Rate Advances, a Revolving Credit Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances, in which case such Base Rate Advances may be in an aggregate amount necessary to repay or prepay in full such Swing Line Advances or Letter of Credit Advances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from ​ 55 Alliance Coal, LLC ​ Credit Agreement ​ ​ time to time, the Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) or the other applicable provisions of this Agreement and reborrow under this Section 2.01(a2.01(b). Revolving Credit Advances may be Term SOFR Rate Advances or Base Rate Advances, as further set forth herein.

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

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