The Terms of the Credit Facility Sample Clauses

The Terms of the Credit Facility. Establishment of the Credit Facility. On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facility for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facility Exposure exceed the Total Credit Facility Amount, or (ii) the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facility 4445 Section 2.02 Revolving Facility 4446 Section 2.03 [Reserved] 4546
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facility Section 2.02 Revolving Facility Section 2.03 Term Loan
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facilities 61 Section 2.02 Revolving Facility 61 Section 2.03 Term Loans 61 Section 2.04 [Reserved.] 62 Section 2.05 Letters of Credit 62 Section 2.06 Notice of Borrowing 66 Section 2.07 Funding Obligations; Disbursement of Funds 66 Section 2.08 Evidence of Obligations 67 Section 2.09 Interest; Default Rate 68 Section 2.10 Conversion and Continuation of Loans 70 Section 2.11 Fees 71 Section 2.12 Termination and Reduction of Revolving Commitments 72 Section 2.13 Voluntary, Scheduled and Mandatory Prepayments of Loans 73 Section 2.14 Method and Place of Payment 78 Section 2.15 Defaulting Lenders 78 Section 2.16 Cash Collateral 80 Section 2.17 Increase in Commitments 81 Section 2.18 Revolving Loan Maturity Extension 83 Section 2.19 Term Loan Amend and Extend Transactions 84 Section 2.20 Refinancing Term Loans. 86 Section 2.21 Replacement Revolving Commitments. 87 Section 2.22 956 Savings. 88 Page ARTICLE III. INCREASED COSTS, ILLEGALITY AND TAXES Section 3.01 Increased Costs, Illegality, etc. 89 Section 3.02 Breakage Compensation 90 Section 3.03 Net Payments 91 Section 3.04 Increased Costs to LC Issuers 95 Section 3.05 Change of Lending Office; Replacement of Lenders 95 Section 3.06 Exchange Indemnification and Increased Costs 96 ARTICLE IV.
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The Terms of the Credit Facility. 35 Section 2.01 Establishment of the Credit Facility. 35 Section 2.02 Revolving Facility. 35 Section 2.03 [Reserved]. 35 Section 2.04 Swing Line Facility. 35 Section 2.05 Letters of Credit. 37 Section 2.06 Notice of Borrowing. 41 Section 2.07 Funding Obligations; Disbursement of Funds. 42 Section 2.08 Evidence of Obligations. 43 Section 2.09 Interest; Default Rate. 44 Section 2.10 Conversion and Continuation of Loans. 45 Section 2.11 Fees. 46 Section 2.12 Termination and Reduction of Commitments; Maturity. 47 Section 2.13 Voluntary, Scheduled and Mandatory Prepayments of Loans. 48 Section 2.14 Method and Place of Payment. 50 Section 2.15 Guaranty by the Borrower. 51 Section 2.16 Extension of Termination Date. 53 Section 2.17 Term Loans. 55 Section 2.18 Defaulting Lenders. 55 Section 2.19 Increase in Revolving Commitments; Incremental Term Loans. 58
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facilities 61 Section 2.02 Revolving Facility 61 Section 2.03 Term Loans 61 Section 2.04 [Reserved.] 62 Section 2.05 Letters of Credit 62 Section 2.06 Notice of Borrowing 6566 Section 2.07 Funding Obligations; Disbursement of Funds 66 Section 2.08 Evidence of Obligations 67 Section 2.09 Interest; Default Rate 6768 Section 2.10 Conversion and Continuation of Loans 70 Section 2.11 Fees 71 Page Section 2.12 Termination and Reduction of Revolving Commitments 72 Section 2.13 Voluntary, Scheduled and Mandatory Prepayments of Loans 7273 Section 2.14 Method and Place of Payment 7778 Section 2.15 Defaulting Lenders 7778 Section 2.16 Cash Collateral 7980 Section 2.17 Increase in Commitments 8081 Section 2.18 Revolving Loan Maturity Extension 8283
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facility 5354 Section 2.02 [Reserved] 5354
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The Terms of the Credit Facility. Section 2.01 Establishment of the Credit Facility 22 Section 2.02 Revolving Facility. 22 Section 2.03 Swing Line Facility Section 2.04 Letters of Credit 25 Section 2.05 Notice of Borrowing 29 Section 2.06 Funding Obligations; Disbursement of Funds. 30 Section 2.07 Evidence of Obligations Section 2.08 Interest; Default Rate Section 2.09 Conversion and Continuation of Loans 33 Section 2.10 Fees Section 2.11 Termination and Reduction of Revolving Commitments Section 2.12 Voluntary, Scheduled and Mandatory Prepayments of Loans Section 2.13 Method and Place of Payment 36
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The Terms of the Credit Facility 
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Related to The Terms of the Credit Facility

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans in Dollars to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender’s Exposure exceeding such Lender’s Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2.1 if, after giving effect thereto, the aggregate principal amount (a) of the Total Exposures at such time would exceed the Total Commitments then in effect or (b) the Exposure of any Lender at such time would exceed such Lender’s Commitment. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. The respective obligations of the Lenders under this Agreement are several and not joint and no Lender shall be responsible for the failure of any other Lender to satisfy its obligations hereunder.

  • The Credit Facility 2.1 The Revolving Credit Facility Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Borrower (each such loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Lender at such time, the amount set forth next to such Lender’s name on Schedule 1 (such amount together with the Lender’s Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.10 or as a result of one or more assignments under Section 10.8, the Lender’s “Commitment”); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans shall not at any time exceed the combined Commitments; and provided further that the Effective Amount of the Revolving Loans, together with all Term Loans outstanding at such time, of any Lender shall not at any time exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.1, prepay under Section 3.3 and reborrow under this Section 2.1.

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • of the Credit Agreement Section 7.13 of the Credit Agreement is hereby amended and restated in its entirety as follows:

  • Amounts and Terms of the Advances and Letters of Credit SECTION 2.01. The Advances and Letters of Credit. (a)

  • Continuing Effect of the Credit Agreement This Amendment shall not constitute a waiver of any provision not expressly referred to herein and shall not be construed as a consent to any action on the part of the Borrowers or Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents except as expressly stated herein. Except as expressly modified hereby, the provisions of the Credit Agreement and the Loan Documents are and shall remain in full force and effect.

  • Amount and Terms of the Commitments 30 Section 2.1. General Description of Facilities 30 Section 2.2. Revolving Loans 31 Section 2.3. Procedure for Revolving Borrowings 31 Section 2.4. Swingline Commitment 31 Section 2.5. Funding of Borrowings 33 Section 2.6. Interest Elections 33 Section 2.7. Optional Reduction and Termination of Commitments 34 Section 2.8. Repayment of Loans 35 Section 2.9. Evidence of Indebtedness 35 Section 2.10. Optional Prepayments 35 Section 2.11. Mandatory Prepayments 36 Section 2.12. Interest on Loans 36 Section 2.13. Fees 37 Section 2.14. Computation of Interest and Fees 38 Section 2.15. Inability to Determine Interest Rates 38 Section 2.16. Illegality 38 Section 2.17. Increased Costs 39 Section 2.18. Funding Indemnity 40 Section 2.19. Taxes 40 Section 2.20. Payments Generally; Pro Rata Treatment; Sharing of Set-offs 43 Section 2.21. Letters of Credit 45 Section 2.22. Increase of Commitments; Additional Lenders 49 Section 2.23. Mitigation of Obligations 52 Section 2.24. Replacement of Lenders 52 Section 2.25. Defaulting Lenders 53 Section 2.26. All Obligations to Constitute Joint and Several Obligations 54 ARTICLE III

  • Amendments to the Credit Agreement The Credit Agreement is hereby amended as follows:

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