Multicurrency Facility Revolving Loans. Subject to and upon the terms and conditions set forth herein (including, on and after the occurrence of the first Incremental Multicurrency Facility RL Commitment Date, Section 1.16), (I) each Original Multicurrency Facility Revolving Loan Commitment (as in effect on the Restatement Effective Date immediately prior to giving effect thereto) of each Original Multicurrency Facility RL Lender is hereby converted on the Restatement Effective Date into a Multicurrency Facility Revolving Loan Commitment of such Original Multicurrency Facility RL Lender, and (II) each Multicurrency Facility RL Lender severally agrees (A) that, on the Restatement Effective Date, each Original Multicurrency Facility Revolving Loan made by such Multicurrency Facility RL Lender to the Bermuda Borrower or the U.S. Borrower, as the case may be, pursuant to the Original Credit Agreement and outstanding on the Restatement Effective Date shall convert into a revolving loan to the Bermuda Borrower or the U.S Borrower, as the case may be (each, a "Converted Multicurrency Facility Revolving Loan" and, collectively, the "Converted Multicurrency Facility Revolving Loans") and (B) to make, at any time and from time to time on or after the Restatement Effective Date and prior to the Revolving Loan Maturity Date, (1) a revolving loan or revolving loans to the U.S. Borrower (together with each Converted Multicurrency Facility Revolving Loan made to the U.S Borrower, each a "U.S. Borrower Multicurrency Facility Revolving Loan" and, collectively, the "U.S. Borrower Multicurrency Facility Revolving Loans") and (2) a revolving loan or revolving loans to the Bermuda Borrower (together with each Converted Multicurrency Facility Revolving Loan made to the Bermuda Borrower, each, a "Bermuda Borrower Multicurrency Facility Revolving Loan" and, collectively, the "Bermuda Borrower Multicurrency Facility Revolving Loans" and with the revolving loans made to the U.S. Borrower or the Bermuda Borrower pursuant to this clause (B) and the Converted Multicurrency Facility Revolving Loans being each called a "Multicurrency Facility Revolving Loan" and, collectively, the "Multicurrency Facility Revolving Loans"), which Multicurrency Facility Revolving Loans:
Multicurrency Facility Revolving Loans. Subject to and upon the terms and conditions set forth herein, each Multicurrency Facility RL Lender severally agrees to make, at any time and from time to time on or after the Initial Borrowing Date and prior to the Revolving Loan Maturity Date, (I) a revolving loan or revolving loans to the U.S. Borrower (each, a "U.S. Borrower Multicurrency Facility Revolving Loan" and, collectively, the "U.S. Borrower Multicurrency Facility Revolving Loans") and (II) a revolving loan or revolving loans to the Bermuda Borrower (each, a "Bermuda Borrower Multicurrency Facility Revolving Loan" and, collectively, the "Bermuda Borrower Multicurrency Facility Revolving Loans" and with the revolving loans made to the U.S. Borrower or the Bermuda Borrower pursuant to this Section 1.01(c) being each called a "Multicurrency Facility Revolving Loan"), which Multicurrency Facility Revolving Loans:
Multicurrency Facility Revolving Loans. Subject to and upon the terms and conditions set forth herein, each Multicurrency Facility RL Lender severally agrees to make, at any time and from time to time on or after the Initial Borrowing Date and prior to the Revolving Loan Maturity Date, a revolving loan or revolving loans to the Bermuda Borrower (each, a "Multicurrency Facility Revolving Loan" and, collectively, the "Multicurrency Facility Revolving Loans"), which Multicurrency Facility Revolving Loans:
Multicurrency Facility Revolving Loans. Subject to and upon the terms and conditions set forth herein, each Multicurrency Facility RL Lender severally agrees to make, at any time and from time to time on or after the Initial Borrowing Date and prior to the Revolving Loan Maturity Date, (I) a revolving loan or revolving loans to the U.S. Borrower (each, a "U.S. Borrower Multicurrency Facility Revolving Loan" and, collectively, the "U.S. Borrower Multicurrency Facility Revolving Loans") and (II) a revolving loan or revolving loans to the European Borrower (each, a "European Borrower Multicurrency Facility Revolving Loan" and, collectively, the "European Borrower Multicurrency Facility Revolving Loans" and with the revolving loans made to the U.S. Borrower or the European Borrower pursuant to this Section 1.01(d) being each called a "Multicurrency Facility Revolving Loan"), which Multicurrency Facility Revolving Loans:
