Common use of Availability of Facility Clause in Contracts

Availability of Facility. No Lender shall be permitted or required to make (i) any Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Commitment Amount, or (ii) any Loan if, after giving effect thereto, the aggregate amount of all Loans of such Lender would exceed the Lender’s Percentage of the Commitment Amount.

Appears in 4 contracts

Sources: Credit Agreement (Noble Energy Inc), 364 Day Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc)

Availability of Facility. No Lender shall be permitted or required to make (i) any Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Loans the Revolving Credit Exposures of all Lenders would exceed the Commitment Amount, or (ii) any Loan if, after giving effect thereto, the aggregate amount of all Loans the Revolving Credit Exposure of such Lender would exceed the Lender’s Percentage of the Commitment AmountCommitment.

Appears in 3 contracts

Sources: Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc)

Availability of Facility. No Lender shall be permitted or required to make (i) any Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Commitment Amount, or (ii) any Loan if, after giving effect thereto, the aggregate amount of all Loans of such Lender would exceed the Lender’s 's Percentage of the Commitment Amount.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Noble Affiliates Inc), Credit Agreement (Noble Affiliates Inc)

Availability of Facility. No Lender shall be permitted or required to make (ia) any Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Commitment Amount, or (iib) any Loan if, after giving effect thereto, the aggregate amount of all Loans of such Lender would exceed the Lender’s 's Percentage of the Commitment Amount.

Appears in 1 contract

Sources: Term Loan Agreement (Noble Energy Inc)