Common use of Loan Commitment Clause in Contracts

Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment.

Appears in 7 contracts

Samples: Credit Agreement, Revolving Loan Agreement, Revolving Loan Agreement (Hoegh LNG Partners LP)

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Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, a “Loan” and, collectively, the “Loans”) to the each Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment, provided that the aggregate principal amount of Loans at any time outstanding to a Borrower shall not exceed the Borrower Sublimit of such Borrower.

Appears in 5 contracts

Samples: Revolving Loan Agreement (Seadrill Partners LLC), Revolving Loan Agreement, Revolving Loan Agreement (Seadrill Partners LLC)

Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving term loans (each, a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment.

Appears in 4 contracts

Samples: Senior Term Loan Credit Agreement (CVR Partners, Lp), Senior Term Loan Credit Agreement (Icahn Enterprises Holdings L.P.), Senior Term Loan Credit Agreement (Icahn Enterprises Holdings L.P.)

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Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, each a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment. The Loans shall be used for the purposes set forth in Section 4.5.

Appears in 2 contracts

Samples: Revolving Credit Agreement, Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP)

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