Common use of Limitation on Types of Loans Clause in Contracts

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five LIBOR Loans may be outstanding at any time.

Appears in 8 contracts

Samples: Credit Agreement (Georesources Inc), Credit Agreement (Georesources Inc), Credit Agreement (Georesources Inc)

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Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five LIBOR Loans may be outstanding at any time.

Appears in 6 contracts

Samples: Credit Agreement (Atlas Pipeline Holdings, L.P.), Revolving Credit Agreement (Atlas Pipeline Partners Lp), Revolving Credit Agreement (Atlas America Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five eight LIBOR Loans may be outstanding at any time.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Atlas Resources Public #16-2007 (B) L.P.), Revolving Credit Agreement (Atlas Energy Resources, LLC), Security Agreement (Atlas Energy Resources, LLC)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five eight LIBOR Loans may be outstanding at any time.

Appears in 5 contracts

Samples: Credit Agreement (Buckeye GP Holdings L.P.), Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five ten (10) LIBOR Loans may be outstanding at any time.

Appears in 4 contracts

Samples: Credit Agreement (Callon Petroleum Co), Secured Revolving Credit Agreement (BRL Universal Equipment Corp), Assignment Agreement (Louis Dreyfus Natural Gas Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five 10 LIBOR Loans may be outstanding at any time.

Appears in 4 contracts

Samples: Credit Agreement (Wca Waste Corp), Credit Agreement (Wca Waste Corp), Credit Agreement (Wca Waste Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five four (4) LIBOR Loans may be outstanding at any time.

Appears in 3 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans (other than Swing Line Loans) may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five eight LIBOR Loans may be outstanding at any time.

Appears in 3 contracts

Samples: Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans outstanding under the Facilities may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five four (4) LIBOR Loans may be outstanding at any timetime under all of the Facilities.

Appears in 2 contracts

Samples: Credit Agreement (Kinder Morgan Inc), Credit Agreement (Kinder Morgan Energy Partners Lp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five [six (6)] LIBOR Loans may be outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Callon Petroleum Co)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five three (3) LIBOR Loans may be outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Isramco Inc), Credit Agreement (Isramco Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the all Loans may hereunder shall be Base Rate Loans or LIBOR Rate Loans; provided that, without the prior written consent of the Majority LendersAgent, no more than five six (6) LIBOR Loans Rate Loan tranches may be outstanding at any time.

Appears in 2 contracts

Samples: Revolver Loan Agreement (Energy 11, L.P.), Revolver Loan Agreement (Energy Resources 12, L.P.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five six (6) LIBOR Loans may be outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Atp Oil & Gas Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five ten LIBOR Loans may be outstanding at any time.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp), Credit and Term Loan Agreement (Atlas Pipeline Holdings, L.P.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five 10 LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Wca Waste Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans (other than Swing Line Loans) may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five (5) LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Partners L P)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Revolving Credit Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five six (6) LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Crimson Exploration Inc.)

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Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Georesources Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the all Loans may hereunder shall be Base Rate Loans or LIBOR Rate Loans; provided that, without the prior written consent of the Majority LendersBank, no more than five six (6) LIBOR Loans Rate Loan tranches may be outstanding at any time.

Appears in 1 contract

Samples: Revolver Loan Agreement (Energy 11, L.P.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five (5) LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Lenders, no more than five three LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Limitation on Types of Loans. Subject to the other terms and ---------------------------- provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required First Lien Lenders, no more than five 10 LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: First Lien Credit Agreement (Wca Waste Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may will be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Required Second Lien Lenders, no more than five 10 LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Wca Waste Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the all Loans may hereunder shall be Base Rate Loans or LIBOR Rate Loans; provided that, without the prior written consent of the Majority LendersBank, no more than five six (6) LIBOR Loans Rate Loan tranches may be outstanding at any time.. (b) Borrowings, Continuations and Conversions. (i)

Appears in 1 contract

Samples: Loan Agreement

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five three (3) LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Subordinate Credit Agreement (Crimson Exploration Inc.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Revolving Credit Loans may be Base Rate Loans or LIBOR Loans; provided that, without the prior written consent of the Majority Lenders, no more than five ten (10) LIBOR Loans may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Contango Oil & Gas Co)

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