Common use of Revolving Credit Availability Clause in Contracts

Revolving Credit Availability. Subject to the terms and conditions set forth in this Agreement, each Lender hereby severally and not jointly agrees to make revolving loans, in Dollars (each individually, a "Revolving Loan" and, collectively, the "Revolving Loans") to Borrower from time to time during the period from the Effective Date to the Business Day immediately preceding the Termination Date, in an amount which shall not exceed such Lender's Pro Rata Share of the Revolving Credit Availability at such time.

Appears in 2 contracts

Sources: Credit Agreement (American Classic Voyages Co), Credit Agreement (American Classic Voyages Co)