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Aggregate Commitments
Aggregate Commitments contract clause examples

Compliance with Commitments. Immediately after giving effect to the making of any such Extension of Credit (and the application of the proceeds thereof), # the sum of the aggregate Revolving Credit Outstandings shall not exceed the Revolving Committed Amount then in effect and # the outstanding Swingline Loans shall not exceed the Swingline Committed Amount;

Compliance with Commitments. Immediately after giving effect to the making of any such Extension of Credit (and the application of the proceeds thereof) # the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect, # the outstanding LOC Obligations shall not exceed the LOC Committed Amount, and # the outstanding Swingline Loans shall not exceed the Swingline Committed.

Compliance with Commitments. Immediately after giving effect to the making of any such Extension of Credit (and the application of the proceeds thereof), # the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect, # the outstanding LOC Obligations shall not exceed the LOC Committed Amount, and # the outstanding Swingline Loans shall not exceed the Swingline Committed Amount.

Compliance with Commitments. Immediately after giving effect to the making of any such Extension of Credit (and the application of the proceeds thereof) # if made under the Revolving A Facility, # the sum of the aggregate principal amount of outstanding Revolving A Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving A Committed Amount then in effect, (iiy) the outstanding LOC Obligations shall not exceed the LOC Committed Amount, and (iiiz) the outstanding Swingline Loans shall not exceed the Swingline Committed Amount and # if made under the Revolving B Facility, the aggregate principal amount of outstanding Revolving B Loans shall not exceed the Revolving B Committed Amount then in effect.

Revolving Commitments. If at any time # the Outstanding Amount of Revolving Obligations shall exceed the lesser of # the Aggregate Revolving Commitments or # the Borrowing Base, # the Outstanding Amount of Letter of Credit Obligations shall exceed the Letter of Credit Sublimit, or # the Outstanding Amount of Swingline Loans shall exceed the Swingline Sublimit, immediate prepayment will be made on or in respect of the Revolving Obligations in an amount equal to such excess; provided, however, that, except with respect to clause (B), Letter of Credit Obligations shall not be Cash Collateralized hereunder until the Revolving Loans and Swingline Loans have been paid in full.

. (a) Subject to the terms and conditions hereof, the Swingline Lender agrees to make a portion of the credit otherwise available to the Borrower under the Revolving Commitments from time to time during the Revolving Commitment Period by making swing line loans (“Swingline Loans”) to the Borrower; provided that # the aggregate principal amount of Swingline Loans outstanding at any time shall not exceed the Swingline Commitment then in effect, # the Borrower shall not request, and the Swingline Lender shall not make, any Swingline Loan if, after giving effect to the making of such Swingline Loan, # the amount of the Swingline Lender’s Available Revolving Commitment would be less than zero or # the Total Revolving Extensions of Credit would exceed the Total Revolving Commitments.

If at any time after the Closing Date, the aggregate Revolving Extensions of Credit then outstanding exceed the Revolving Commitments then in effect, the Borrower (without notice or demand[[Cash Collateralize:Organization]] shall immediately prepay outstanding Swingline Loans or Revolving Loans and pay any unpaid Reimbursement Obligations (or, if no Swingline Loans or Revolving Loans are outstanding, Cash Collateralize outstanding Letters of Credit[[Cash Collateralize:Organization]] in an amount sufficient to eliminate any such excess.

Immediately after giving effect to the making of any such Revolving Loan (and the application of the proceeds thereof) the sum of Revolving Obligations outstanding shall not exceed the Revolving Committed Amount, the sum of LOC Obligations outstanding shall not exceed the LOC Sublimit, and the sum of Swingline Loans outstanding shall not exceed the Swingline Sublimit.

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