Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars to the Company from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth opposite its name in the column under the heading "Commitments" on Schedule 2.1 (such amount, as the same may be reduced ------------ under Section 2.5 or as a result of one or more assignments under Section 10.8, the Bank's "Commitment"); provided, however, that, after giving effect to any ---------- -------- ------- Borrowing, the aggregate principal amount of all outstanding Loans to the Company shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.
Appears in 1 contract
Sources: Credit Agreement (McKesson Hboc Inc)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the terms and conditions hereinafter set forth hereinforth, to make Base Rate Committed Loans or Offshore Rate Loans denominated in Dollars to the Company from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth opposite its the Bank's name in on the column under the heading "Commitments" on Schedule 2.1 signature pages of this Agreement (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.08 or as a result of one or more assignments under pursuant to Section 10.810.08, the Bank's "CommitmentREVOLVING COMMITMENT"); providedPROVIDED, howeverHOWEVER, that, after giving effect to any ---------- -------- ------- Committed Borrowing, the aggregate principal amount of all outstanding Committed Loans to plus the Company aggregate principal amount of all Bid Loans outstanding shall not at any time exceed the combined CommitmentsAggregate Revolving Commitment. Within the limits of each Bank's Revolving Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, may borrow under this Section 2.1subsection 2.01, prepay under pursuant to Section 2.6 2.09 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000subsection 2.01.
Appears in 1 contract
Sources: Credit Agreement (Ross Stores Inc)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the -------------------------------- terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated loans in Dollars and Offshore Currencies to the Company Borrowers (each such loan, a "Committed Loan") from time to -------------- time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its such Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be ------------ reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under ----------- pursuant to Section 10.8, the Bank's "Commitment"); provided, however, that, ------------ after giving effect to any ---------- -------- ------- BorrowingBorrowing of Committed Loans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company Outstanding Obligations held by each Bank shall not at any time exceed such Bank's Commitment and the Outstanding Obligations of all Banks shall not exceed the combined Commitments; provided further, that in no event shall the aggregate principal of all Outstanding Obligations of APW-NA exceed the APW-NA Sublimit. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under pursuant to this ----------- ----------- Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.-----------
Appears in 1 contract
Sources: Credit Agreement (Apw LTD)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to -------------------------------- the terms and conditions set forth herein, to make Base Rate Loans or loans in Dollars, Offshore Rate Loans denominated in Dollars Currencies and Agreed Alternative Currencies to the Company Borrowers (each such loan, a "Committed Loan") from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period -------------- from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its such Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under pursuant to Section 10.811.8, the Bank's "Commitment"); ---------- provided, however, that, after giving effect to any ---------- Borrowing of Committed -------- ------- BorrowingLoans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company plus Loan Note Guaranty Obligations shall not at any time exceed the combined Commitments; provided further, that in no event shall the aggregate principal Dollar Equivalent of all outstanding Committed Loans of the Subsidiary Borrower exceed the lesser of (x) $200,000,000 and (y) the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.
Appears in 1 contract
Sources: Credit Agreement (Applied Power Inc)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the -------------------------------- terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated loans in Dollars and Offshore Currencies to the Company Borrower (each such loan, a "Committed Loan") from time to -------------- time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its such Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be ------------ reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under ----------- pursuant to Section 10.8, the Bank's "Commitment"); provided, however, that, ------------ after giving effect to any ---------- -------- ------- BorrowingBorrowing of Committed Loans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company Outstanding Obligations held by each Bank shall not at any time exceed such Bank's Commitment and the Outstanding Obligations of all Banks shall not exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrower may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under ----------- ----------- pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.-----------
Appears in 1 contract
Amounts and Terms of Commitments. (a) Each Bank severally agrees, on --------------------------------- -------------------------------- the terms and subject conditions set forth herein, to maintain the Existing Loans during the period from the Closing Date to the earlier to occur of the Revolver Date or the Termination Date. The Borrower acknowledges that the principal amount of the Existing Loans is $46,400,000.
(b) Each Bank severally agrees, on the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars loans to the Company Borrower from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Revolver Date to but not including the Revolving Facility Termination Date, in an aggregate principal amount not to exceed at any time outstanding the amount set forth opposite its name in the column under the heading "Commitments" on Schedule 2.1 (such amount, amount as the same may be reduced under Sections 2.5 ------------ under Section 2.5 ------------ or 2.6, or as a result of one or more assignments under Section 10.812.8, the Bank's --- ------------ "Commitment"); provided, however, that, after giving effect to any Borrowing (i) ---------- -------- ------- Borrowing, the aggregate principal amount of all outstanding Loans to shall not exceed $46,400,000, (ii) the Company aggregate principal amount of all outstanding Loans plus the aggregate amount of all L/C Obligations shall not at any time exceed the combined CommitmentsCommitments of all Banks. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrower may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section ----------- ----------- ------- 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.---
Appears in 1 contract
Sources: Secured Credit Agreement (System Software Associates Inc)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars loans to the Company Borrowers (each such loan, a "Revolving Loan") from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its the Bank's name in the column Schedule 2.1(b) under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.6 or as a result of one or more assignments under pursuant to Section 10.811.8, the Bank's "Commitment"); provided, however, that, after giving effect to any ---------- -------- ------- BorrowingBorrowing of Revolving Loans, the aggregate principal Dollar Equivalent amount of all outstanding Revolving Loans to the Company shall not at any time exceed the combined Commitments; and provided further that, after giving effect to any Borrowing of Offshore Currency Loans, the aggregate principal Dollar Equivalent amount of all outstanding Offshore Currency Loans shall not exceed the Offshore Currency Loan Sublimit. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1subsection 2.1(b), prepay under pursuant to Section 2.6 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000subsection 2.1(b).
Appears in 1 contract
Sources: Credit Agreement (Schawk Inc)
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars loans to the Company Borrowers (each such loan, a "Committed Loan") from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its the Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under pursuant to Section 10.8, the Bank's "Commitment"); provided, however, that, after giving effect to any ---------- -------- ------- BorrowingBorrowing of Committed Loans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company shall not at any time exceed the combined Commitments; provided, further, that in no event shall the aggregate principal Dollar Equivalent of all outstanding Committed Loans of APSA exceed the lesser of (x) $80,000,000 and (y) the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.
Appears in 1 contract
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to -------------------------------- the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars loans to the Company Borrowers (each such loan, a "Committed Loan") from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the -------------- period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its the Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under pursuant to Section 10.811.8, the Bank's "Commitment"); ---------- provided, however, that, after giving effect to any ---------- Borrowing of Committed -------- ------- BorrowingLoans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company plus Loan Note Guaranty Obligations shall not at any time exceed the combined Commitments; provided, further, that in no event shall the aggregate principal Dollar -------- ------- Equivalent of all outstanding Committed Loans of the Subsidiary Borrower exceed the lesser of (x) $100,000,000 and (y) the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.
Appears in 1 contract
Amounts and Terms of Commitments. Each Bank severally agrees, on --------------------------------- and subject to the terms and conditions set forth herein, to make Base Rate Loans or Offshore Rate Loans denominated in Dollars loans to the Company Borrowers (each such loan, a "Committed Loan") from time to time as requested by the Company in accordance with Sections 2.3 and 10.2 on any Business Day during the period from the Closing Date to but not including the Revolving Facility Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount set forth opposite its the Bank's name in the column Schedule 2.1 under the heading "CommitmentsCommitment" on Schedule 2.1 (such amount, amount as the same may be reduced ------------ under pursuant to Section 2.5 2.8 or as a result of one or more assignments under pursuant to Section 10.8, the Bank's "Commitment"); provided, however, that, after giving effect to any ---------- -------- ------- BorrowingBorrowing of Committed Loans, the aggregate principal Dollar Equivalent amount of all outstanding Loans to the Company shall not at any time exceed the combined Commitments; provided, further, that in no event shall the aggregate principal Dollar Equivalent of all outstanding Committed Loans of APSA exceed the lesser of (x) $40,000,000 and (y) the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may, until the Revolving Facility Termination Date, Borrowers may borrow under this Section 2.1, prepay under pursuant to Section 2.6 2.9 and reborrow under pursuant to this Section 2.1; provided further that no Loan to the Company shall be denominated in or -------- ------- payable in a currency other than Dollars. The aggregate of all Commitments hereunder on the date of this Agreement is $850,000,000.
Appears in 1 contract