Common use of Initial Committed Amount; General Provisions Clause in Contracts

Initial Committed Amount; General Provisions. As of the Effective Date, (i) the aggregate Committed Revolving Amounts shall be $650,000,000, (ii) the aggregate Committed Term Loan Amounts shall be $300,000,000 and (iii) the aggregate Committed Amounts shall be $950,000,000. The aggregate Committed Revolving Amounts and the aggregate Committed Amounts shall, in each case, at all times be in a minimum amount and an integral multiple of $5,000,000. Any decrease (other than termination thereof pursuant to Section 2.09) of the aggregate Committed Revolving Amounts or the aggregate Committed Term Loan Amounts may only be made in accordance with and to the extent permitted by Section 2.05(b), and any such reduction shall be permanent. Any increase of the aggregate Committed Revolving Amounts may only be made in accordance with and to the extent permitted by Section 2.05(c).

Appears in 2 contracts

Sources: Fifth Amended and Restated Credit Agreement (Genesis Energy Lp), Credit Agreement (Genesis Energy Lp)