Common use of Total Facility Clause in Contracts

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 (the "Total Facility") for the Borrowers' use from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) a revolving line of credit consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, as described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3.

Appears in 1 contract

Sources: Loan and Security Agreement (Laclede Steel Co /De/)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 (the "Total FacilityTOTAL FACILITY") for use by any one or more of the Borrowers' use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit Credit up to the Maximum Revolver AmountBorrowing Base, as described in Sections Section 2.2 and 2.4; and (b) the Term Loans described in Section 2.3SECTION 2.

Appears in 1 contract

Sources: Loan and Security Agreement (Pentacon Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 350,000,000 (the "Total Facility") for use by any one or more of the Borrowers' use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit up to the Maximum Revolver AmountCredit and Credit Support, as described in Sections Section 2.2 and 2.4; and (b) the Term Loans described in Section 2.3.

Appears in 1 contract

Sources: Loan and Security Agreement (Metals Usa Inc)

Total Facility. Subject to all of the terms and conditions of this -------------- Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 60,000,000 (the "Total Facility") for to the Borrowers' use Borrower from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit up to the Maximum Revolver Amount, as Credit described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3herein.

Appears in 1 contract

Sources: Credit Agreement (Coorstek Inc)

Total Facility. Subject to all of the terms and conditions of this --------------- Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 40,000,000 (the "Total Facility") for the Borrowers' use from time to time during the term of this AgreementAgreement and for the use of Envirosource to the extent of the Envirosource Letters of Credit. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit Credit up to the Maximum Revolver AmountBorrowing Base, as described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3.. ------------- ---

Appears in 1 contract

Sources: Loan and Security Agreement (Envirosource Inc)

Total Facility. Subject to all of the terms and -------------- conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 30,000,000 (the "Total Facility") for use by any one or more -------------- of the Borrowers' use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit up to Credit and Credit Support and the Maximum Revolver Amount, Term Loans as described in Sections 2.2 Section 1.2, Section 1.3, and 2.4; and (b) the Term Loans described in Section 2.3.1.4. ----------- ----------- -----------

Appears in 1 contract

Sources: Credit Agreement (Encore Medical Corp)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 76,000,000 (the "Total Facility") for the Borrowers' Borrower's use from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) a revolving capital expenditure line of credit consisting of revolving capital expenditure loans and letters of credit up to the Maximum Revolver CAPEX Amount, as described in Sections 2.2 and 2.4Section 2.2; and (b) the Term Loans a term line of credit consisting of term loans as described in Section 2.3.

Appears in 1 contract

Sources: Term Loan and Security Agreement (LDM Technologies Inc)

Total Facility. Subject to all of the terms and conditions of -------------- this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 300,000,000 (the "Total Facility") for to the Borrowers' use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit up to the Maximum Revolver Amount, as Credit described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3herein.

Appears in 1 contract

Sources: Credit Agreement (Mail Well Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 350,000,000 (the "Total FacilityTOTAL FACILITY") for use by any one or more of the Borrowers' use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) composed of a revolving line of credit consisting of revolving loans Revolving Loans and letters Letters of credit up to the Maximum Revolver AmountCredit and Credit Support, as described in Sections SECTION 2.2 and 2.4; and (b) the Term Loans described in Section SECTION 2.3.

Appears in 1 contract

Sources: Post Petition Loan Agreement (Metals Usa Inc)

Total Facility. Subject to all of the terms --------------- and conditions of this Agreement, the Lenders severally agree to Lender shall make available a total credit facility of up to $100,000,000 40,000,000 in the aggregate (the "Total Facility") for the -------------- Borrowers' use from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) a revolving line of credit up to the limits of the Availability, consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, as described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3.. ------------ ---

Appears in 1 contract

Sources: Loan and Security Agreement (Trend Lines Inc)

Total Facility. Subject to all of the terms and conditions of this -------------- Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 (the "Total Facility") for the Borrowers' use from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) of a revolving line of credit consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, as described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3.. ------------ ---

Appears in 1 contract

Sources: Loan and Security Agreement (Agribiotech Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 340,000,000 (the "'Total Facility"') for the Borrowers' Borrower's use from time to time during the term of this Agreement. The Total Facility shall be comprised of: (a) of a revolving line of credit for the Borrower consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, limits of the Combined Availability as described in Sections 2.2 and 2.4; and (b) the Term Loans described in Section 2.3."

Appears in 1 contract

Sources: Loan and Security Agreement (Hills Stores Co /De/)