Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. Subject to the terms and conditions set forth herein, Lender agrees to make Revolving Loans to Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in the Revolving Exposure exceeding the lesser of (x) the Revolving Commitment and (y) the Borrowing Base. Within the foregoing limits and subject to the terms and conditions set forth herein, Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit and Security Agreement (Hudson Executive Investment Corp.), Credit and Security Agreement (Hudson Executive Investment Corp.)

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Revolving Commitment. Subject to the terms and conditions set forth herein, Lender agrees to make Revolving Loans to Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in the Lender’s Revolving Credit Exposure exceeding the lesser of (x) the Revolving Commitment and (y) the Borrowing BaseCommitment. Within the foregoing limits and subject to the terms and conditions set forth herein, Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Mesa Laboratories Inc /Co)

Revolving Commitment. Subject to the terms and conditions set forth hereinhereof, the Lender agrees to make Revolving Loans to the Borrower in dollars from time to time during the Availability Period in an aggregate principal amount that will not result in the Revolving Credit Exposure exceeding the lesser of (x) the Revolving Commitment and (y) the Borrowing BaseCommitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Maxcor Financial Group Inc)

Revolving Commitment. Subject to the terms and conditions set forth herein, Lender Bank agrees to make Revolving Loans to Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in the Revolving Exposure exceeding the lesser of (xa) the sum of the Revolving Commitment and minus Reserves established by Bank in its Permitted Discretion or (yb) the Borrowing Base. Within the foregoing limits and subject to the terms and conditions set forth herein, Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Sigmatron International Inc)

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Revolving Commitment. Subject to the terms and conditions set forth herein, the Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in the Revolving Exposure exceeding the lesser of (x) the Revolving Commitment and or the (y) the Borrowing Base, subject to Lender’s authority, in its sole discretion. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Joinder Agreement (Macquarie CNL Global Income Trust, Inc.)

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