The Extensions of Credit Sample Clauses

The Extensions of Credit. Section 2.01 Commitment to Extend Credit 24 Section 2.02 Method of Borrowing 25 Section 2.03 [Reserved] 26 Section 2.04 [Reserved] 26
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The Extensions of Credit. Section 2.01 Commitment to Extend Credit 25 Section 2.02 Method of Borrowing 26 Section 2.03 Method of Swing Line Borrowing 27 Section 2.04 Letters of Credit 30 Section 2.05 Increase of the Commitments 34 Section 2.06 Maturity of Advances; Extension and Termination of Commitment 35 Section 2.07 Evidence of Advances 37 Section 2.08 Interest Rates 37 Section 2.09 Fees 38 Section 2.10 Termination or Reduction of Commitment 39 Section 2.11 Mandatory Prepayments 40 Section 2.12 Optional Prepayments 40 Section 2.13 Compensation after Prepayment or Conversion 40 Section 2.14 General Provisions as to Payments 41 Section 2.15 Computation of Interest and Fees 41 Section 2.16 Compensation, Additional Interest 41 Section 2.17 Taxes 43 Section 2.18 Changed Circumstances 47 Section 2.19 Conversion of Advances 49 Section 2.20 Set off 50 Section 2.21 Pro Rata Treatment 50 Section 2.22 Sharing of Payments 51 Section 2.23 Mitigation of Obligations; Replacement of Lenders 52 Section 2.24 Defaulting Lenders 54 Section 2.25 Cash Collateral 57 ARTICLE III
The Extensions of Credit 

Related to The Extensions of Credit

  • All Extensions of Credit The obligation of Lenders to make any Credit Extension hereunder (including the initial Credit Extension) is subject to the following additional conditions precedent:

  • Extensions of Credit The Extensions of Credit made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Extensions of Credit made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Credit Note and/or Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans and/or Swingline Loans, as applicable, in addition to such accounts or records. Each Lender may attach schedules to its Notes and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.

  • Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:

  • Conditions to Extensions of Credit The obligation of any Lender to make any Extension of Credit hereunder is subject to the satisfaction of such of the following conditions on or prior to the proposed date of the making of such Extension of Credit:

  • Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions of Credit Extensions The obligations of the Lenders to make Loans hereunder are subject to the satisfaction of the following conditions:

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Conditions of Credit The obtaining or maintaining of credit hereunder shall be subject to the terms and conditions contained in this Article 8.

  • The Advances and Letters of Credit (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount (based in respect of any Advances to be denominated in a Committed Currency by reference to the Equivalent thereof in Dollars determined on the date of delivery of the applicable Notice of Borrowing) not to exceed such Lender’s Unused Commitment at such time. Each Borrowing shall be in an amount not less than the Borrowing Minimum or the Borrowing Multiple in excess thereof and shall consist of Advances of the same Type and in the same currency made on the same day by the Lenders ratably according to their respective Revolving Credit Commitments. Within the limits of each Lender’s Revolving Credit Commitment, the Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(a).

  • Nature of Obligations of Lenders Regarding Extensions of Credit The obligations of the Lenders under this Agreement to make the Loans and issue or participate in Letters of Credit are several and are not joint or joint and several. The failure of any Lender to make available its Commitment Percentage of any Loan requested by the Borrower shall not relieve it or any other Lender of its obligation, if any, hereunder to make its Commitment Percentage of such Loan available on the borrowing date, but no Lender shall be responsible for the failure of any other Lender to make its Commitment Percentage of such Loan available on the borrowing date.

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