Tranche A Commitments. From and including the Closing Date and prior to the Termination Date, each Tranche A Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Tranche A Loans in Agreed Currencies to any Borrower from time to time in a principal amount not to exceed in the aggregate at any one time outstanding for all of the Borrowers the Dollar Amount of its Tranche A Commitment; provided that (a) all Tranche A Loans that are Base Rate Loans or Same Day Dollar Loans shall be made in Dollars, (b) the Dollar Amount of the outstanding principal of Tranche A Loans shall not at any time exceed the Total Tranche A Commitment and (c) the aggregate Dollar Amount of the outstanding principal of all outstanding Tranche A Loans of any Tranche A Lender shall not exceed such Tranche A Lender’s Tranche A Commitment. Subject to the terms of this Agreement, any Borrower may borrow, repay and reborrow Tranche A Loans at any time prior to the Termination Date. The Tranche A Commitments shall expire on the Termination Date.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in US Dollars, Sterling and Euro to the Tranche A Borrowers from time to time during the Availability Period in an aggregate principal amount at any time outstanding that will not result in (A) the aggregate Tranche A Revolving Credit Exposures exceeding the aggregate Tranche A Commitments or (B) the Tranche A Revolving Credit Exposure of any Lender exceeding its Tranche A Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche A Borrowers may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. From and after the Amendment No. 3 Effective Date, the Tranche A Commitment of each Tranche A Lender shall be the amount set forth opposite such Tranche A Lender’s name on Schedule 2.01 to the Loan Agreement (as amended hereby and attached hereto as Exhibit A) under the caption “Tranche A Commitment” as such amount may be reduced pursuant to the terms of the Loan Agreement, and such amount (if changed) shall supersede and be deemed to amend the amount of such Tranche A Lender’s Tranche A Commitment as set forth on Schedule 2.01 to the Loan Agreement as in effect immediately prior to the Amendment No. 3 Effective Date.
Tranche A Commitments. Any part of the Tranche A Commitments not utilised under this agreement before the expiry of the Tranche A Availability Period will be cancelled automatically on the expiry of the Tranche A Availability Period.
Tranche A Commitments. Each of the actions set forth in Section 5 shall have occurred.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in U.S. Dollars to any Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Tranche A Lender’s Tranche A Revolving Credit Exposure exceeding such Tranche A Lender’s Tranche A Commitment or (ii) the sum of the total Tranche A Revolving Credit Exposures plus the aggregate principal amount of outstanding Tranche A Competitive Loans exceeding the total Tranche A Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, a Borrower may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. Each Tranche A Lender severally agrees, on the terms and conditions set forth in this Agreement, to make a loan to the Borrower (a “Tranche A Loan”) on the Closing Date in an amount equal to such Tranche A Lender’s Tranche A Commitment.
Tranche A Commitments. Subject to the terms and conditions of this Agreement, each Lender agrees, for itself only, to make Advances to the Company and the Multicurrency Subsidiary Borrowers, as applicable, from time to time from the Effective Date until the Termination Date on any Business Day up to an aggregate principal Dollar Amount which, when added to such Lender's pro rata portion of the Dollar Amount of Letter of Credit Obligations outstanding at such time, shall not exceed the amount set forth opposite its name on the signature pages hereof as its Commitment. In addition, the sum of the aggregate outstanding Advances, the Dollar Amount of Letter of Credit Obligations, and the aggregate outstanding Swing Line Loans shall not exceed the amount of the aggregate Commitments. Subject the terms of this Agreement, the Company may request that an Advance be made in Dollars, euro, or Dutch Guilders and any Multicurrency Subsidiary Borrower may request that an Advance be made in euro or Dutch Guilders; provided, that the maximum aggregate principal amount of euro Advances and Dutch Guilder Advances that may be outstanding at any one time to all the Lenders may not exceed the Dollar Amount of US$10,000,000 (the "euro Limit"). It is agreed that the London Agent will only make euro Advances and Dutch Guilder Advances and the Agent will only make US Advances and provided further that the amount of Lenders' aggregate Commitments will be reduced Dollar for Dollar by the Dollar Amount of any outstanding euro Advances or Dutch Guilder Advances. Each Advance made in Dutch Guilders shall be made in euro if such Advance would, but for this provision, be capable of being made in either euro or Dutch Guilders unless otherwise consented to by the Agent. The Applicable Rate for any such Advance shall be the Adjusted euro Rate.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender severally (and not jointly) agrees to make loans to the Borrower from time to time during the period from the Effective Date through the Business Day immediately preceding the Tranche A Commitment Termination Date, provided that immediately after giving effect thereto (i) the Senior Debt Asset Coverage would not be less than 3.00:1.00, (ii) the Adjusted Senior Debt Asset Coverage would not be less than 2.50:1.00, (iii) the aggregate outstanding principal balance of all Tranche A Loans made by such Tranche A Lender would not exceed its Tranche A Commitment, and (iv) the Aggregate Loan Balance would not exceed the Borrowing Base. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Tranche A Loans.
Tranche A Commitments. The Borrower may at any time terminate, or from time to time reduce, without premium or penalty, the Tranche A Commitments, provided that (i) the Borrower may not terminate or reduce the Tranche A Commitments if, immediately after giving effect thereto and to any concurrent repayment of the Tranche A Loans in accordance with Section 2.4 or 2.5, the outstanding principal balance of the Tranche A Loans would exceed the Tranche A Commitment, and (ii) each such reduction shall be in a minimum amount of $5,000,000 and in an integral multiple of $1,000,000.
