Common use of The Revolving Facility Clause in Contracts

The Revolving Facility. “Subject to the provisions of this Agreement and provided no Event of Default has occurred and is continuing, Lender shall make Advances to Borrower under the Revolving Facility from time to time prior to the Revolving Facility Maturity Date, provided that, notwithstanding any other provision of this Agreement, (i) the Aggregate Revolving Facility Obligations at any one time outstanding under the Revolving Facility shall not exceed the Facility Cap. The Revolving Facility is a revolving credit facility, which may be drawn, repaid and redrawn, from time to time as permitted under this Agreement. Unless otherwise permitted by Lender, each Advance shall be in an amount of at least $1,000. Subject to the provisions of this Agreement, ▇▇▇▇▇▇▇▇ may request Advances under the Revolving Facility up to and including the value, in U.S. Dollars, of the Facility Cap. Advances under the Revolving Facility automatically shall, without an Advance request from Borrower, be made for the payment of interest on the Revolving Loan Obligations and other Obligations on the date when due to the extent available and as provided for herein.”

The Revolving Facility. “Subject to the provisions of this Agreement and provided no Event of Default has occurred and is continuing, Lender shall make Advances to Borrower under the Revolving Facility from time to time prior to the Revolving Facility Maturity Date, provided that, notwithstanding any other provision of this Agreement, (i) the Aggregate Revolving Facility Obligations at any one time outstanding under the Revolving Facility shall not exceed the Facility Cap. The Revolving Facility is a revolving credit facility, which may be drawn, repaid and redrawn, from time to time as permitted under this Agreement. Unless otherwise permitted by Lender, each Advance shall be in an amount of at least $1,000. Subject to the provisions of this Agreement, ▇▇▇▇▇▇▇▇ Borrower may request Advances under the Revolving Facility up to and including the value, in U.S. Dollars, of the Facility Cap. Advances under the Revolving Facility automatically shall, without an Advance request from Borrower, be made for the payment of interest on the Revolving Loan Obligations and other Obligations on the date when due to the extent available and as provided for herein.”

The Revolving Facility. “Subject to the provisions of this Agreement and provided no Event Agreement, each Revolving Lender agrees to make available its Pro Rata Share of Default has occurred and is continuing, Lender shall make Advances to Borrower Borrowers under the Revolving Facility from time to time prior to during the Revolving Facility Maturity DateTerm; provided, provided that, notwithstanding any other provision of this Agreement, that (i) the Aggregate amount of the Pro Rata Share of the Advances of any Revolving Facility Obligations Lender shall not at any one time exceed its separate Commitment with respect to the Revolving Facility, (ii) the aggregate amount of all Advances at any time outstanding under the Revolving Facility shall not exceed the Facility CapCap minus the Letter of Credit Usage, and (iii) the Senior Leverage Ratio requirements of Section 4.2(d) shall have been met. The obligations of Revolving Lenders hereunder shall be several, and not joint or joint and several, up to the amount of the Commitments. The Revolving Facility is a revolving credit facility, facility which may be drawn, repaid and redrawn, redrawn from time to time as permitted under this Agreement. Unless otherwise permitted by LenderAgent, each Advance shall be in an amount of at least One Hundred Thousand Dollars ($1,000. Subject to the provisions of this Agreement, ▇▇▇▇▇▇▇▇ may request Advances under the Revolving Facility up to and including the value, in U.S. Dollars, of the Facility Cap100,000). Advances under the Revolving Facility automatically shall, without an Advance request from Borrower, shall be made for the payment of interest on the Revolving Loan Obligations Notes and other Obligations on the date when due to the extent available and as provided for hereinin this Agreement. Borrowers may not at any time increase, reduce or otherwise adjust the Facility Cap.”