Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans to the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) in an aggregate amount up to but not exceeding such ▇▇▇▇▇▇’s Revolving Commitment; provided that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Revolving Commitments exceed the Revolving Commitments then in effect. Amounts borrowed pursuant to this Section 2.02(a) may be repaid and reborrowed during the Revolving Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date, and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Commitments shall be paid in full no later than such date.
Appears in 3 contracts
Sources: Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Allegro Microsystems, Inc.)
Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans Revolving Loans to the Lead Borrower from time to time on any Business Day and Co-Borrower in Dollars (“Revolving Loans”) or an Alternate Currency in an the aggregate amount up to but not exceeding such ▇▇▇▇▇▇’s the Revolving Commitment; provided, after giving effect to the making of any Revolving Loans, in no event shall the Total Utilization of Revolving Commitment exceed the Revolving Commitment then in effect; provided that further after giving effect to the making of any Revolving Loans in no event shall the Total Utilization more than (i) $5,000,000 of Revolving Commitments exceed the Loans be denominated in Euro and (ii) $2,000,000 of Revolving Commitments then Loans be denominated in effectSterling. Amounts borrowed pursuant to this Section 2.02(a) 2.01 may be repaid in whole and in part and reborrowed during the Revolving Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date, and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Commitments Commitment shall be paid in full no later than such date.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Tumi Holdings, Inc.)
Revolving Commitment. During the Revolving Commitment Period, subject Subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans make, during the Revolving Commitment Period, Revolving Loans to Company in the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) in an aggregate amount up to but not exceeding such ▇▇▇▇▇▇’s Lender's Pro Rata Share of the Revolving CommitmentLoan Commitments; provided that that, after giving effect to the making of any Revolving Loans Loans, in no event shall the Total Utilization of Revolving Loan Commitments exceed the Revolving Loan Commitments then in effect. Amounts borrowed pursuant to this Section 2.02(a) 2.1 may be repaid and reborrowed during the Revolving Commitment Period. Each Lender’s 's Revolving Commitment shall expire on the Revolving Commitment Termination Date, Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Loan Commitments shall be paid in full no later than such date.
Appears in 1 contract
Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans to the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) in an aggregate amount up to but not exceeding such ▇L▇▇▇▇▇’s Revolving Commitment; provided that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Revolving Commitments exceed the Revolving Commitments then in effect. Amounts borrowed pursuant to this Section 2.02(a) may be repaid and reborrowed during the Revolving Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date, and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Commitments shall be paid in full no later than such date.
Appears in 1 contract
Revolving Commitment. During the Revolving Commitment Period, subject Subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans make, during the Revolving Commitment Period, Revolving Loans to Company in the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) in an aggregate amount up to but not exceeding such ▇▇▇▇▇▇Lender’s Pro Rata Share of the Revolving CommitmentLoan Commitments; provided that that, after giving effect to the making of any Revolving Loans Loans, in no event shall the Total Utilization of Revolving Loan Commitments exceed the Revolving Loan Commitments then in effect. Amounts borrowed pursuant to this Section 2.02(a2.2(a) may be repaid and reborrowed during the Revolving Commitment Period; provided further that, Revolving Loans in excess of $50,000,000 shall not be made on the Closing Date. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date, Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Loan Commitments shall be paid in full no later than such date.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Houghton Mifflin Co)
Revolving Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make revolving loans Revolving Loans to the Borrower from time to time on any Business Day in Dollars (“Revolving Loans”) Company in an aggregate amount up to but not exceeding such ▇▇▇▇▇▇Lender’s Revolving Commitment; provided provided, that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Revolving Commitments exceed the Revolving Commitments then in effectAvailability at such time. Amounts borrowed pursuant to this Section 2.02(a2.2(a) may be repaid and reborrowed during the Revolving Commitment Period. Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date, Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Commitments shall be paid in full no later than such date.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Syntax-Brillian Corp)