Common use of Commitments to Make Revolving Loans Clause in Contracts

Commitments to Make Revolving Loans. From and including the Effective Date and prior to the Revolving Credit Termination Date, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans (individually a "Revolving Loan" and collectively the "Revolving Loans") to the Company from time to time in amounts not to exceed in the aggregate at any one time outstanding the amount of its Commitment, PROVIDED that in no event may the Outstandings at any one time exceed the Aggregate Commitment as in effect at such time. Subject to the terms of this Agreement, the Company may borrow, repay and reborrow at any time prior to the Revolving Credit Termination Date. Subject to the terms and conditions set forth in Section 2.2 and at the option of the Borrower, the Revolving Loans outstanding as of the Revolving Credit Termination Date shall be converted to Term Loans and shall be repaid in accordance with the terms of Section 2.2.

Commitments to Make Revolving Loans. From and including the Effective Date and prior to the Revolving Credit Termination Date, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans (individually a "Revolving Loan" and collectively the "Revolving Loans") to the Company from time to time in amounts not to exceed in the aggregate at any one time outstanding the amount of its Commitment, PROVIDED provided that in no event may the Outstandings at any one time exceed the Aggregate Commitment as in effect at such time. Subject to the terms of this Agreement, the Company may borrow, repay and reborrow at any time prior to the Revolving Credit Termination Date. Subject to the terms and conditions set forth in Section 2.2 and at the option of the Borrower, the Revolving Loans outstanding as of the Revolving Credit Termination Date shall be converted to Term Loans and shall be repaid in accordance with the terms of Section 2.2.