Common use of The Revolving Facility Clause in Contracts

The Revolving Facility. Subject to the terms and conditions of this Agreement, the Lenders shall make available to the Borrowers a revolving credit facility (the "REVOLVING FACILITY") of up to (pound)75,000,000. The Revolving Facility (as described in clause 6 shall consist of Revolving Loans (to be denominated in sterling and/or, if agreed between the relevant Borrower and the Agent, dollars, euro or one or more other Foreign Currencies) to be made by the Lenders and, if specifically agreed by the Agent (on the instructions of the Issuer), Letters of Credit and/or Guarantees to be issued by the Issuer (subject to reimbursement by the relevant Borrower and each of the Lenders on the terms set out in this Agreement) and Swingline Loans (to be denominated in sterling and/or dollars, euros or such one or more other Foreign Currencies as may be agreed between the relevant Borrower and the Swingline Lender), to be made by the Swingline Lender (subject to reimbursement by the Lenders on the terms set out in this Agreement) in a maximum aggregate principal Original Sterling Amount not exceeding the Revolving Facility Amount.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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The Revolving Facility. Subject to the terms and conditions of this Agreement, the Lenders shall make available to the Borrowers a revolving credit facility (the "REVOLVING FACILITY") of up to (pound)75,000,000L75,000,000. The Revolving Facility (as described in clause 6 shall consist of Revolving Loans (to be denominated in sterling and/or, if agreed between the relevant Borrower and the Agent, dollars, euro or one or more other Foreign Currencies) to be made by the Lenders and, if specifically agreed by the Agent (on the instructions of the Issuer), Letters of Credit and/or Guarantees to be issued by the Issuer (subject to reimbursement by the relevant Borrower and each of the Lenders on the terms set out in this Agreement) and Swingline Loans (to be denominated in sterling and/or dollars, euros or such one or more other Foreign Currencies as may be agreed between the relevant Borrower and the Swingline Lender), to be made by the Swingline Lender (subject to reimbursement by the Lenders on the terms set out in this Agreement) in a maximum aggregate principal Original Sterling Amount not exceeding the Revolving Facility Amount.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

The Revolving Facility. Subject to the terms and conditions of this Agreement, the Lenders shall make available to the Borrowers a revolving credit facility (the "REVOLVING FACILITY") of up to (pound)75,000,000L75,000,000. The Revolving Facility (as described in clause 6 6) shall consist of Revolving Loans (to be denominated in sterling and/or, if agreed between the relevant Borrower and the Agent, dollars, euro or one or more other Foreign Currencies) to be made by the Lenders and, if specifically agreed by the Agent (on the instructions of the Issuer), Letters of Credit and/or Guarantees to be issued by the Issuer (subject to reimbursement by the relevant Borrower and each of the Lenders on the terms set out in this Agreement) and Swingline Loans (to be denominated in sterling and/or dollars, euros or such one or more other Foreign Currencies as may be agreed between the relevant Borrower and the Swingline Lender), to be made by the Swingline Lender (subject to reimbursement by the Lenders on the terms set out in this Agreement) in a maximum aggregate principal Original Sterling Amount not exceeding the Revolving Facility Amount.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

The Revolving Facility. 2.1 Subject to the terms and conditions of this Agreement, the Lenders shall make available to the Borrowers a revolving credit facility (the "REVOLVING FACILITY"“Revolving Facility”) of up to (pound)75,000,000the Maximum Revolving Credit Line. The Revolving Facility (as described in clause Clause 6 (Utilisation of the Revolving Facility)) shall consist of Revolving Loans (to be denominated in sterling and/or, if agreed between the relevant Borrower and the Agent, dollars, euro or one or more other Foreign Currencies) to be made by the Lenders and, if specifically agreed by the Agent (on the instructions of the Issuer), Letters of Credit and/or Guarantees to be issued by the Issuer (subject to reimbursement by the relevant Borrower and each of the Lenders on the terms set out in this Agreement) and Swingline Loans (to be denominated in sterling and/or dollars, euros or such one or more other Foreign Currencies as may be agreed between the relevant Borrower and the Swingline Lender), to be made by the Swingline Lender (subject to reimbursement by the Lenders on the terms set out in this Agreement) in a maximum aggregate principal Original Sterling Amount not exceeding the Revolving Facility Amount.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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The Revolving Facility. Subject to the terms and conditions of this Agreement, the Lenders shall make available to the Borrowers a revolving credit facility (the "REVOLVING FACILITY") of up to (pound)75,000,000the Maximum Revolving Credit Line. The Revolving Facility (as described in clause 6 6) shall consist of Revolving Loans (to be denominated in sterling and/or, if agreed between the relevant Borrower and the Agent, dollars, euro or one or more other Foreign Currencies) to be made by the Lenders and, if specifically agreed by the Agent (on the instructions of the Issuer), Letters of Credit and/or Guarantees to be issued by the Issuer (subject to reimbursement by the relevant Borrower and each of the Lenders on the terms set out in this Agreement) and Swingline Loans (to be denominated in sterling and/or dollars, euros or such one or more other Foreign Currencies as may be agreed between the relevant Borrower and the Swingline Lender), to be made by the Swingline Lender (subject to reimbursement by the Lenders on the terms set out in this Agreement) in a maximum aggregate principal Original Sterling Amount not exceeding the Revolving Facility Amount.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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