Common use of Incremental Revolving Loan Commitments Clause in Contracts

Incremental Revolving Loan Commitments. Subject to the terms and conditions set forth herein, each Incremental Revolving Lender hereby severally agrees to make loans (each an “Incremental Revolving Loan” and together with the Revolving Facility Loans, the “Revolving Loans”) to the Borrower from time to time on any Business Day during the Incremental Revolving Period in an aggregate principal amount not to exceed at any time such Incremental Revolving Lender’s Pro Rata Share of the Incremental Revolving Loan Commitments; provided, that such aggregate principal amount does not result in such Incremental Revolving Lender’s pro rata share of the Aggregate Exposure exceeding such Incremental Revolving Lender’s Incremental Revolving Loan Commitment or the Aggregate Exposure of all Incremental Revolving Lenders exceeding the Incremental Revolving Loan Commitment of all Incremental Revolving Lenders. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Incremental Revolving Loans during the Incremental Revolving Period.

Incremental Revolving Loan Commitments. (a) Subject to the terms and conditions set forth hereinof the applicable Incremental Facility Activation Notice, each Lender specified in such Incremental Facility Activation Notice agrees to extend credit, in an aggregate amount not to exceed such Lender’s applicable Incremental Revolving Lender hereby severally agrees to make loans (each an “Incremental Revolving Loan” and together with the Revolving Facility LoansLoan Commitment, the “Revolving Loans”) to the Borrower Company from time to time on any Business Day Borrowing Date during the applicable Incremental Revolving Loan Commitment Period by making loans to the Company (“Incremental Revolving Loans”) from time to time. Notwithstanding the foregoing, in no event shall any Incremental Revolving Loan be made if after giving effect to such making and the use of proceeds thereof as irrevocably directed by the Company, the aggregate then outstanding principal amount of Incremental Revolving Loans under the applicable Incremental Revolving Loan Facility would exceed the aggregate Incremental Revolving Loan Commitments under such Incremental Revolving Loan Facility. During such Incremental Revolving Loan Commitment Period, the Company may use such Incremental Revolving Loan Commitments by borrowing, prepaying the Incremental Revolving Period Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. (b) Each borrowing of Incremental Revolving Loans pursuant to the Incremental Revolving Loan Commitments under any Incremental Revolving Loan Facility shall be in an aggregate principal amount not to exceed at any time such Incremental Revolving Lender’s Pro Rata Share of the lesser of (i) $2,500,000, or a whole multiple of $1,000,000 in excess thereof, and (ii) the applicable Available Incremental Revolving Loan Commitments; provided, that such aggregate principal amount does not result in such Incremental Revolving Lender’s pro rata share of the Aggregate Exposure exceeding such Incremental Revolving Lender’s Incremental Revolving Loan Commitment or the Aggregate Exposure of all Incremental Revolving Lenders exceeding the Incremental Revolving Loan Commitment of all Incremental Revolving Lenders. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Incremental Revolving Loans during the Incremental Revolving Period.

Incremental Revolving Loan Commitments. (a) Subject to the terms and conditions set forth hereinof the applicable Incremental Facility Activation Notice, each Lender which executed such Incremental Facility Activation Notice agrees to extend credit, in an aggregate amount not to exceed such Lender’s applicable Incremental Revolving Lender hereby severally agrees to make loans (each an “Incremental Revolving Loan” and together with the Revolving Facility LoansLoan Commitment, the “Revolving Loans”) to the Borrower Company from time to time on any Business Day Borrowing Date during the applicable Incremental Revolving Loan Commitment Period by making loans to the Company (“Incremental Revolving Loans”) from time to time. Notwithstanding the foregoing, in no event shall any Incremental Revolving Loan be made if after giving effect to such making and the use of proceeds thereof as irrevocably directed by the Company, the aggregate then outstanding principal amount of Incremental Revolving Loans under the applicable Incremental Revolving Loan Facility would exceed the aggregate Incremental Revolving Loan Commitments under such Incremental Revolving Loan Facility. During such Incremental Revolving Loan Commitment Period, the Company may use such Incremental Revolving Loan Commitments by borrowing, prepaying the Incremental Revolving Period Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. (b) Each borrowing of Incremental Revolving Loans pursuant to the Incremental Revolving Loan Commitments under any Incremental Revolving Loan Facility shall be in an aggregate principal amount not to exceed at any time such Incremental Revolving Lender’s Pro Rata Share of the lesser of (i) $2,500,000, or a whole multiple of $1,000,000 in excess thereof, and (ii) the applicable Available Incremental Revolving Loan Commitments; provided, that such aggregate principal amount does not result in such Incremental Revolving Lender’s pro rata share of the Aggregate Exposure exceeding such Incremental Revolving Lender’s Incremental Revolving Loan Commitment or the Aggregate Exposure of all Incremental Revolving Lenders exceeding the Incremental Revolving Loan Commitment of all Incremental Revolving Lenders. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Incremental Revolving Loans during the Incremental Revolving Period.