Year Facility Loan Sample Clauses

Year Facility Loan. On the terms and conditions set forth in this Credit Agreement, and so long as no Event of Default or Potential Default has occurred (or if a Potential Default or an Event of Default has occurred, it has been waived in writing by the Administrative Agent pursuant to the provisions of Section 16.10 hereof), each of the Syndication Parties severally agrees to advance funds under the 5-Year Facility (each a “5-Year Advance”) upon receipt of a 5-Year Funding Notice from time to time during the 5-Year Availability Period, subject to the following limits:

Year Facility Loan. On the terms and conditions set forth in this Credit Agreement, and (except in the case of a 5-Year Advance requested by the Overnight Lender pursuant to Section 3.9) so long as no Event of Default or Potential Default has occurred (or if a Potential Default or an Event of Default has occurred, it has been waived in writing by the Administrative Agent pursuant to the provisions of Section 15.10 hereof), each of the Syndication Parties severally agrees to advance funds under the 5-Year Facility (each a “5-Year Advance”) upon receipt of a 5-Year Funding Notice from time to time during the 5-Year Availability Period, subject to the following limits:

Year Facility Loan. On the terms and conditions set forth in this Credit Agreement, and so long as no Event of Default or Potential Default has occurred (or if a Potential Default or an Event of Default has occurred, it has been waived in writing by the Administrative Agent pursuant to the provisions of Section 16.10 hereof), each of the Syndication Parties severally agrees to advance funds under the 3-Year Facility (each a "3-YEAR ADVANCE") upon receipt of a 3-Year Funding Notice from time to time during the 3-Year Availability Period, subject to the following limits: 3.1.1 Individual Syndication Party 3-Year Commitment. No Syndication Party shall be required or permitted to make a 3-Year Advance which would exceed its Individual 3-Year Lending Capacity as in effect at the time of the Administrative Agent's receipt of the 3-Year Borrowing Notice requesting such Advance.

Year Facility Loan. On the terms and conditions set forth in this Credit Agreement, and so long as no Event of Default or Potential Default has occurred (or if an Event of Default has occurred, it has been waived in writing by the Administrative Agent), each of the Syndication Parties severally agrees, to make Advances under the 5-Year Facility from time to time during the 5-Year Facility Availability Period, subject to the following: 3.1.1 INDIVIDUAL SYNDICATION PARTY 5-YEAR COMMITMENT. No Syndication Party shall be required or permitted to make Advances under the 5-Year Facility which would exceed its Individual 5-Year Lending Capacity as in effect at the time of the Administrative Agent's receipt of the 5-Year Borrowing Notice requesting such Advance. 3.1.2 INDIVIDUAL SYNDICATION PARTY 5-YEAR PRO RATA SHARE. No Syndication Party shall be required or permitted to make Advances under the 5-Year Facility ("5-YEAR PRO RATA ADVANCE") in excess of an amount equal to its Individual 5-Year Pro Rata Share multiplied by the amount of the requested 5-Year Pro Rata Advance. Each Syndication Party severally agrees to fund its Individual 5-Year Pro Rata Share of each 5-Year Pro Rata Advance, except as provided in Article 4 hereof regarding 5-Year Bid Advances.