Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Stores Inc)

AutoNDA by SimpleDocs

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus LOC Obligations Obligations, shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE TWO HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Florida Rock Industries Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower Borrowers from time to time in an aggregate principal amount of up to such Lender's Revolving Commitment Percentage of THIRTY-FIVE MILLION DOLLARS ($35,000,000) (as such aggregate maximum amount may be increased as provided in Section 2.4 or reduced from time to time as provided in Section 2.6, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender's LOC Commitment Percentage of outstanding LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the lesser of (A) the Revolving Committed Amount. For purposes hereof, Amount and (B) the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount")Borrowing Base. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Parent Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans in Dollars ("the “ Revolving Loans"Loans ”) to the Borrower from time to time in the amount of such Lender’s Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to the Lenders collectively, the Total Outstandings at any time shall not exceed the Aggregate Revolving Committed Amount, and (ii) with regard to each Lender individually, the sum aggregate principal amount of such Lender's outstanding Revolving Loans plus such Lender's LOC ’s Commitment Percentage of LOC Obligations the Total Outstandings at any time shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the ’s Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Revolving Loans made on the Closing Date or on any of the three (3) Business Days following the Closing Date may only consist of Alternate Base Rate Loans unless the Borrower executes a funding indemnity letter in form and substance satisfactory to the Administrative Agent. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dycom Industries Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations Swingline Loans shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount as set forth in Schedule 2.1(a), and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations Swingline Loans shall not exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million SIXTY-FIVE MILLION DOLLARS ($150,000,000165,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.3, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.. (b)

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus LOC Obligations shall not exceed the lesser of the aggregate Revolving Committed AmountAmount then in effect and the Borrowing Base. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE TWO HUNDRED AND FIFTY Million TWENTY-FIVE MILLION DOLLARS ($150,000,000225,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Galey & Lord Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dan River Inc /Ga/)

Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed the Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate principal amount available under this Section 2.1(a) for Revolving Loan borrowings hereunder shall be ONE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.8, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office. No Revolving Loans shall be made on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED FIFTEEN MILLION DOLLARS ($115,000,000) (as such aggregate maximum amount may be increased from time to time as provided in Section 2.2 or reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding Swingline Loans plus LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, Revolving Loans made on the Closing Date or on any of the three Business Days following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Mortons Restaurant Group Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million up to FORTY MILLION DOLLARS ($150,000,00040,000,000) (as such aggregate maximum amount may be increased from time to time as provide in Section 9.1(c) and reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that after giving effect to any Revolving Loan (i) with regard to each Revolving Lender individually, such Revolving Lender’s Revolving Exposure shall not exceed its Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the Aggregate Revolving Exposure shall not exceed Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that the Revolving Loans made on the Closing Date, or on any of the three (3) Business Days immediately following the Closing Date, may only consist of Alternate Base Rate Loans unless the Borrower executes and delivers a funding indemnity letter, substantially in the form of Exhibit 2.1(a), not less than three (3) Business Days prior to the Closing Date. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Bravo Brio Restaurant Group, Inc.)

Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") Loans to the Borrower from time Borrowers in an aggregate amount up to time for the purposes hereinafter set forthbut not exceeding such Lender’s Revolving Commitment; provided, however, that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Revolving Commitments exceed the lesser of (i) with regard the Working Capital Borrowing Base then in effect (without giving effect to each Lender individuallythe Revolver/Term Loan A Reserve or the Incremental Availability Reserve but after giving effect to all other Reserves (as defined in the Working Capital Agreement) then in effect), less the sum of (A) the aggregate principal amount of all Working Capital Loans outstanding at such Lender's time, plus (B) the aggregate face amount of all Working Capital Letters of Credit outstanding Revolving Loans at such time, plus (C) $50,000,000, plus (D) the Incremental Availability Reserve at such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed time, plus (E) the Minimum Availability Amount at such Lender's Revolving Commitment Percentage of the Revolving Committed Amount time, and (ii) with regard the Revolving Commitments then in effect. Subject to the Lenders collectivelylimitations on borrowing and repaying contained in Sections 2.12 and 3.2, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under amounts borrowed pursuant to this Section 2.1(a2.2(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance during the Revolving Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Revolving Loans and all other amounts owed hereunder with respect to the provisions hereof. LIBOR Rate Revolving Loans and the Revolving Commitments shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Officepaid in full no later than such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed the Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate principal amount available under this Section 2.1(a) for Revolving Loan borrowings hereunder shall be ONE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.8, or increased from time to time as provided in Section 2.23, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office. No Revolving Loans shall be made on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Borrower in Dollars from time to time in the amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that no Lender shall be obligated to make any Revolving Loan if after giving effect to thereto (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum aggregate principal amount of Obligations outstanding would exceed the lesser of (A) the Aggregate Revolving Committed Amount or (B) the North American Borrowing Base, and (ii) with regard to each Lender individually, such Lender's Revolving Commitment Percentage of Obligations outstanding would exceed the lesser of (A) such Lender's Revolving Committed Amount or (B) an amount equal to such Lender's Revolving Commitment Percentage of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount")North American Borrowing Base. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Eurodollar Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Take Two Interactive Software Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees the Revolving Lenders severally, but not jointly, agree to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this up to $300,000,000 (as increased from time to time as provided in Section 2.1(a2.20(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (and as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.5, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (ARKO Corp.)

Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the aggregate amount of LOC Obligations plus the aggregate amount of Commercial Paper Obligations plus the aggregate amount of outstanding Swing Line Loans shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE SIXTY-TWO MILLION FIVE HUNDRED AND FIFTY Million THOUSAND DOLLARS ($150,000,00062,500,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"herein). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Prime Rate Loans or Index Rate Eurodollar Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Eurodollar Loans shall be made by each Lender at its LIBOR Eurodollar Lending Office and Alternate Base Rate Loans and Index Prime Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Lacrosse Footwear Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus LOC Obligations shall not exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base. For purposes hereof, the aggregate maximum amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million TWENTY FIVE MILLION DOLLARS ($150,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.7, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. During the Revolver Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Committed Amount Loans shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed AmountAmount then in effect. For purposes hereofNo Revolving Loan shall be made by any Revolving Lender if (i) such Revolving Loan and the Revolving Loan Collateral therefor are not approved by the Administrative Agent in its discretion, (ii) before or after giving effect to such Revolving Loan, the aggregate amount available under this Section 2.1(aAvailability is or would be negative and/or (iii) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time the conditions to time as provided Extensions of Credit in Section 2.4, the "Revolving Committed Amount")4.2 are not satisfied. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereofhereof and will consist only of LIBOR Rate Loans; provided, however, that if the LIBOR Rate is not available, all LIBOR Rate Loans shall accrue interest at the Alternate Base Rate until such time as the LIBOR Rate is available. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Gramercy Capital Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender the Revolving Lenders severally agrees agree to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be increased from time to time as provided in Section 2.5 or reduced from time to time as provided in Section 2.7, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to such Lender's Revolving Commitment Percentage of FORTY MILLION DOLLARS ($40,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.5, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to TWENTY-FIVE Million DOLLARS ($25,000,000) (as such aggregate maximum amount may be increased as provided in Section 2.5 or reduced from time to time as provided in Section 2.7, the "Aggregate Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's Revolving Commitment Percentage of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Commitment Percentage of the Revolving Committed Amount and Amount, (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(aAmount and (iii) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount no Revolving Loans may be reduced from time to time as provided in Section 2.4, borrowed on the "Revolving Committed Amount")Closing Date. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, Revolving Loans made on any of two Business Days following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Medsource Technologies Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but neither jointly nor jointly and severally, agrees to ratably make revolving credit loans in Dollars ("each a “Revolving Loans"Loan”) and Letters of Credit in Dollars (or any other currency agreed to by the applicable LC Issuer) to the Borrower from time to time Borrowers for the purposes hereinafter set forthforth from time to time in an aggregate principal Dollar Amount not to exceed the lesser of: (w) the Maximum Revolver Amount, (x) such Lender’s Revolving Commitment, (y) the Borrowing Base and (z) the Revolving Line Cap; (the amounts set forth in clauses (w) through (z), collectively, the “Revolving Committed Amount”) (such facility, the “Revolving Facility”); provided, however, that (iA) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal Dollar Amount of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of LOC outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (iiB) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations Credit Outstandings shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided Amount then in Section 2.4, the "Revolving Committed Amount")effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million up to FIFTEEN MILLION DOLLARS ($150,000,00015,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate LIBOR RateSOFR Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fluent, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") available to the Borrower from time to time such Revolving Lender’s Revolving Commitment Percentage of revolving credit loans (“Revolving Loans”) in an aggregate principal amount of up to ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as reduced from time to time as provided in Section 2.7, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s share of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Commitment Percentage of the ’s Revolving Committed Amount Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate ; provided that all Revolving Loans made on the Closing Date or on any of the first two Business Days following the Closing Date shall be made by each Lender at its LIBOR Lending Office and only consist of Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending OfficeLoans.

Appears in 1 contract

Samples: Credit Agreement (Pantry Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s share of outstanding Revolving Loans plus [p] such Lender's ’s LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the aggregate Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE SEVEN MILLION SEVEN HUNDRED AND FIFTY Million THOUSAND DOLLARS ($150,000,0007,750,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.4 including, without limitation, scheduled mandatory reductions and the maintenance of Reserves, the "Revolving Committed Amount"). Revolving Loans may shall consist solely of Alternate Base Rate Loans, Fixed LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed re- borrowed in accordance with the provisions hereof. Fixed LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Sunair Services Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to TWENTY-FIVE MILLION DOLLARS ($25,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.7, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding Swingline Loans plus LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, Revolving Loans made on the Closing Date or on any of the three Business Days following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Amedisys Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million up to TEN MILLION DOLLARS ($150,000,00010,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate SOFR Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fluent, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Borrower Borrowers from time to time in an aggregate principal amount of up to such Lender's Revolving Commitment Percentage of FIFTY MILLION DOLLARS ($50,000,000) (as such aggregate amount may be reduced from time to time as provided in Section 2.6, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender's LOC Commitment Percentage of outstanding LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the lesser of (A) the Revolving Committed Amount. For purposes hereof, Amount and (B) the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount")Borrowing Base. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Parent Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations Swingline Loans shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount as set forth in Schedule 2.1(a), and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations Swingline Loans shall not exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.3, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,00050,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Stores Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender the Lenders severally agrees agree to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to TWO HUNDRED MILLION DOLLARS ($200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s Revolving Commitment Percentage of outstanding Revolving Loans plus such Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender’s Revolving Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s outstanding Revolving Loans plus such Lender's ’s LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate principal amount available of Revolving Loans plus LOC Obligations that may be outstanding at any time under this Section 2.1(a) shall be ONE not exceed TWO HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000200,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.42.4 or 2.21, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBOR Market Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and LIBOR Market Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Ruddick Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million up to FIFTEEN MILLION DOLLARS ($150,000,00015,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate SOFR Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fluent, Inc.)

AutoNDA by SimpleDocs

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to SEVENTY-FIVE Million DOLLARS ($75,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Aggregate Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's share of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Commitment Percentage of the Revolving Committed Amount Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but neither jointly nor jointly and severally, agrees to ratably make revolving credit loans in Dollars ("each a “Revolving Loans"Loan”) and Letters of Credit in Dollars (or any other currency agreed to by the applicable LC Issuer) to the Borrower from time to time Borrowers for the purposes hereinafter set forthforth from time to time in an aggregate principal Dollar Amount not to exceed the Revolving Committed Amount (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal Dollar Amount of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of LOC outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations Credit Outstandings shall not exceed the Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as As provided in Section 2.42.1(b), the "Revolving Committed Amount"). Borrowers may elect that each Borrowing of Revolving Loans may consist of Alternate be either Base Rate Loans, LIBOR Rate Loans or Index Rate SOFR Loans. During the Commitment Period, or a combination thereof, as the Borrower may request, and Revolving Loans may be repaid and reborrowed in accordance with the provisions principal amount thereof reborrowed, subject to the terms and conditions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower Borrowers from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate principal amount available under this Section 2.1(a) hereunder for Revolving Loans shall be ONE HUNDRED AND FIFTY Million TWENTY MILLION DOLLARS ($150,000,00020,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.Section

Appears in 1 contract

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender the Revolving Lenders severally agrees agree to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be increased from time to time as provided in Section 2.5 or reduced from time to time as provided in Section 2.7, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s Revolving Commitment Percentage of outstanding Revolving Loans plus such Revolving Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower Company from time to time in an aggregate principal amount of up to THREE HUNDRED MILLION DOLLARS ($300,000,000) (as increased from time to time as provided in Section 2.2 and as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forthforth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided Amount then in Section 2.4, the "Revolving Committed Amount")effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate ; provided, however, the Revolving Loans shall be made by each Lender at its LIBOR Lending Office and Alternate on the Closing Date or any of the three (3) Business Days following the Closing Date, may only consist of Base Rate Loans and Index Rate Loans at its Domestic Lending Officeunless the Company delivers a funding indemnity letter, substantially in the form of Exhibit 2.1(a), reasonably acceptable to the Agent not less than three (3) Business Days prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Universal Health Realty Income Trust)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to TWO HUNDRED MILLION DOLLARS ($200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Aggregate Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's share of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Commitment Percentage of the Revolving Committed Amount Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to such Lender's Revolving Commitment Percentage of EIGHTY-FIVE MILLION DOLLARS ($85,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.5, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to SEVENTY-FIVE MILLION DOLLARS ($75,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Aggregate Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's share of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Commitment Percentage of the Revolving Committed Amount Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s share of outstanding Revolving Loans plus such Lender's ’s Revolving Commitment Percentage of Swingline Loans plus such Lender’s LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus LOC Obligations shall not exceed the aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.5, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower Company from time to time in an aggregate principal amount of up to ONE HUNDRED EIGHTY FIVE MILLION DOLLARS ($185,000,000) (as increased from time to time as provided in Section 2.2 and as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forthforth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC ’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided Amount then in Section 2.4, the "Revolving Committed Amount")effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate ; provided, however, the Revolving Loans shall be made by each Lender at its LIBOR Lending Office and Alternate on the Closing Date or any of the three (3) Business Days following the Closing Date, may only consist of Base Rate Loans and Index Rate Loans at its Domestic Lending Officeunless the Company delivers a funding indemnity letter, substantially in the form of Exhibit 2.1(a), reasonably acceptable to the Agent not less than three (3) Business Days prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Universal Health Realty Income Trust)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s share of outstanding Revolving Loans plus such Lender's LOC ’s Revolving Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the aggregate Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate amount of Revolving Loans available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million TWENTY MILLION DOLLARS ($150,000,00020,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate ; provided, however, Revolving Loans shall be made by each Lender at its LIBOR Lending Office and on the Closing Date or on any of the three Business Days following the Closing Date may only consist of Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending OfficeLoans.

Appears in 1 contract

Samples: Credit Agreement (Fisher Communications Inc)

Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum amount of such Lender's ’s share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the aggregate Revolving Committed AmountAmount then in effect. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million THIRTY FIVE MILLION DOLLARS ($150,000,00035,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.3, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, the Loans made on the Closing Date or on either of the two Business Days immediately following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Stec, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving LoansREVOLVING LOANS") to the Borrower from time to time for the purposes hereinafter set forth; providedPROVIDED, howeverHOWEVER, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus PLUS such Lender's Revolving Commitment Percentage of Swingline Loans PLUS such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus PLUS Swingline Loans PLUS LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million TWENTY FIVE MILLION DOLLARS ($150,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.7, the "Revolving Committed AmountREVOLVING COMMITTED AMOUNT"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally severally, but not jointly, agrees to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million up to FIFTEEN MILLION DOLLARS ($150,000,00015,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.6, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fluent, Inc.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("the “Committed Revolving Loans") in Dollars and in Available Foreign Currencies on any Business Day to the requesting Borrower from time to time for the purposes hereinafter set forthor Borrowers; provided, however, provided that (i) with regard respect to each Lender individuallyBorrower, the sum aggregate principal amount of Revolving Obligations owing by such Lender's outstanding Borrower shall not exceed its Designated Borrowing Limit, (ii) with respect to the Revolving Loans plus such Lender's LOC Commitment Percentage Lenders collectively, (A) the aggregate principal amount of LOC Revolving Obligations shall not exceed ONE BILLION DOLLARS ($1,000,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Committed Amount”) and (B) the aggregate principal amount of Revolving Obligations in Foreign Currencies shall not exceed THREE HUNDRED MILLION DOLLARS ($300,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Aggregate Foreign Revolving Committed Amount”), and (iii) with respect to each Revolving Lender individually, such Revolving Lender's ’s Revolving Commitment Percentage of the Committed Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the its respective Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist be comprised of Alternate Base Rate Loans, LIBOR Rate Loans or Index Eurocurrency Rate Loans, or a combination thereof, as the respective Borrower may request, request and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Bank Credit Agreement (Fresenius Medical Care AG & Co. KGaA)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE HUNDRED AND FIFTY Million TWENTY-FIVE MILLION DOLLARS ($150,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided that no more than five (5) separate LIBOR Tranches shall be outstanding at any one time. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Lower Road Associates LLC)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("collectively, “Revolving Loans"” and each a “Revolving Loan”) to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's ’s outstanding Revolving Loans plus such Revolving Lender's ’s LOC Commitment Percentage of LOC Obligations such shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus LOC Obligations plus Swingline Loans shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate principal amount available of Revolving Loans plus LOC Obligations plus the Swingline Loans that may be outstanding at any time under this Section 2.1(a) 2.1 shall be ONE not exceed THREE HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000350,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.42.5 or 2.22, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBOR Market Index Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and LIBOR Market Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Ruddick Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("Revolving LoansREVOLVING LOANS") to the Borrower from time to time for the purposes hereinafter set forth; providedPROVIDED, howeverHOWEVER, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans plus PLUS such Lender's Revolving Commitment Percentage of Swingline Loans PLUS such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus PLUS Swingline Loans PLUS LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) hereunder shall be ONE EIGHT HUNDRED AND FIFTY Million MILLION DOLLARS ($150,000,000800,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.7, the "Revolving Committed AmountREVOLVING COMMITTED AMOUNT"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Suiza Foods Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees the Revolving Lenders severally, but not jointly, agree to make revolving credit loans in Dollars ("Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of outstanding Revolving Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this up to $300,000,000 (as increased from time to time as provided in Section 2.1(a2.20(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (and as such aggregate maximum amount may be reduced from time to time as provided in Section 2.42.5, the "Revolving Committed Amount"”) for the purposes hereinafter set forth (such facility, the “Revolving Facility”); provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect. Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index Rate LIBOR RateSOFR Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR LIBORSOFR Loans and Alternate Base Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (ARKO Corp.)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender severally severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Borrower from time to time in an aggregate principal amount of up to SEVENTY-FIVE MILLION DOLLARS ($75,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the “Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's ’s Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding Swingline Loans plus LOC Obligations shall not exceed such Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED AND FIFTY Million DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Index LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, Revolving Loans made on the Closing Date or on any of the three Business Days following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Mortons Restaurant Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.