The Commitment and the Loans. The Commitment and the obligation of each Lender to make or maintain its Pro Rata Share of any Advance or Loan and/or to issue any Letter of Credit or Letter of Credit Agreement are subject to performance by the Borrower of all its obligations under this Agreement and to the satisfaction of the following further conditions precedent:
The Commitment and the Loans. The obligation of each Lender to make or maintain its Pro Rata Share of any Advance or Loan are subject to performance by the Borrower of all its obligations under this Agreement and to the satisfaction of the following further conditions precedent:
The Commitment and the Loans. 2.1 Commitment of the Lender 12 2.2 Notice of Borrowings 12 2.3 Limitation on Advances 12
The Commitment and the Loans. (a) Subject to the terms and conditions hereof, during the period from the Closing Date up to but not including the Termination Date, the Bank shall make loans to the Borrower in such amounts as the Borrower may from time to time request, but not exceeding in aggregate principal amount at any one time outstanding $35,000,000 (as such amount may be reduced from time to time, the "Commitment"). All amounts borrowed by the Borrower pursuant to this Section 2.1(a) may be referred to hereinafter collectively as the "Loans." The Loans may be comprised of Base Rate Loans or LIBOR Loans, as provided in Section 2.2.
The Commitment and the Loans. The Commitment and the ------------- ---------------------------- obligation of each Lender to make or maintain its Pro Rata Share of any Advance or Loan after the Closing Date are subject to the satisfaction of the following conditions precedent:
The Commitment and the Loans. (a) Subject to the terms and conditions hereof, during the period from the Closing Date up to but not including the Termination Date, the Banks severally, but not jointly, shall make loans to the Borrower in such amounts as the Borrower may from time to time request but not exceeding in aggregate principal amount at any one time outstanding $300,000,000 (as such amount may be (i) increased pursuant to Section 2.15 or (ii) reduced pursuant to Section 2.1(d), 2.6 or any other provision of this Agreement, from time to time, the "Commitment"); provided, however, that in no event shall the aggregate principal amount of such loans plus the aggregate stated amount of the Letters of Credit exceed the Commitment. All amounts borrowed by the Borrower pursuant to this Section 2.1(a) and all amounts drawn under any Letter of Credit and not repaid may be referred to hereinafter collectively as the "Loans." Each Loan requested by the Borrower shall be funded by the Banks in accordance with their Ratable Shares of the requested Loan. A Bank shall not be obligated hereunder to make any additional Loan if immediately after making such Loan, the aggregate principal balance of all Loans made by such Bank plus such Bank's Ratable Share of any outstanding Letters of Credit would exceed such Bank's Ratable Share of the Commitment. The Loans may be comprised of Base Rate Loans or LIBOR Loans, as provided in Section 2.3.
The Commitment and the Loans. The Commitment and the ----------- ---------------------------- obligation of each Lender to make or maintain its Pro Rata Share of any Advance or Loan and the Obligation of the Swing Loan Lender to make Swing Loans are subject to performance by the Borrower of all its obligations under this Agreement and to the satisfaction of the following further conditions precedent:
The Commitment and the Loans
