Amount of Revolving A Advances. Subject to the terms and conditions set forth in this Agreement including [Section 2.1(c)], each with a Revolving A Commitment, severally and not jointly, will make Revolving A Advances to in aggregate amounts outstanding at any time equal to such 's Revolver A Commitment Percentage of the Revolving A Commitment; provided, that after giving effect to such Revolving A Advances the Revolving A Facility Usage shall not exceed the Maximum Revolving A Advance Amount. Without limiting the foregoing, in no event shall the aggregate amount of outstanding Revolving A Advances exceed the lesser of # the Maximum Revolving A Advance Amount less the sum of # the aggregate amount of outstanding Swing Loans, plus # the aggregated Maximum Undrawn Amount of all outstanding Letters of Credit, and # an amount equal to the sum of:
Borrowing on behalf of any Borrower may notify prior to on a Business Day of a Borrower's request to incur, on that day, a Revolving Advance hereunder. Should any amount required to be paid as interest hereunder (other than Revolving B PIK Interest),
“Applicable Margin” shall mean # an amount equal to one percent (1.00%) for # Revolving Advances consisting of Domestic Rate Loans and # Swing Loans, and # an amount equal to two percent (2.00%) for Revolving Advances consisting of LIBORTerm SOFR Rate Loans.
Advances. Subject to the terms and conditions of this Agreement, from the date on which this Agreement becomes effective until the Maturity Date, will make Advances to not exceeding the Credit Limit (subject at all times to the Domestic Credit Limit and the EXIM Credit Limit) or the Borrowing Base (subject at all times to the Domestic Borrowing Base and EXIM Borrowing Base), whichever is less; provided that in no event shall be obligated to make any Advance that results in an Overadvance or while any Overadvance is outstanding. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement. It shall be a condition to each Advance that # shall have received an Advance Request acceptable to accompanied by updated reporting required by [[Sections 4.8(g), (h), and (i)(ii)])])]], each updated to no earlier than 2 business days prior to the date of the Advance Request, and otherwise meeting the requirements of [Sections 4.8(g), (h), and (i)(ii), (b)])])])])] all of the representations and warranties set forth in [Section 3] are true and correct on the date of such Advance as though made at and as of each such date, and # no Default has occurred and is continuing, or would result from such Advance.
Advances. As of the Original Issue Date, the Investor has advanced the an amount equal to under this Note. From time to time from the date of the Original Issue Date and for a period of three (3) months thereafter, upon at least ten (10) Business Days prior written notice, the Investor shall advance up to another under this Note, provided that no Event of Default has occurred or is continuing.
Advances. Following receipt of a Loan Notice for a Facility, the Administrative Agent shall promptly notify each Appropriate Lender of the amount (and currency) of its Applicable Percentage under such Facility of the applicable Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Appropriate Lender of the details of any automatic conversion to Base Rate Loans or continuation of Loans denominated in a currency other than Dollars, in each case as described in [Section 2.02(a)]. In the case of a Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in Same Day Funds at the Administrative Agent’s Office for the applicable currency not later than , in the case of any Loan denominated in Dollars, and not later than the Applicable Time specified by the Administrative Agent in the case of any Loan in an Alternative Currency, in each case on the Business Day specified in the applicable Loan Notice or, as to Loans to be made on the Closing Date as to which Advance Funding Arrangements are in effect, in accordance with the terms thereof. Upon satisfaction of the applicable conditions set forth in [Section 4.02] (and, if such Borrowing is the initial Credit Extension, [Section 4.01]), the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by # crediting the account of the Borrower on the books of with the amount of such funds or # wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided, however, that if, on the date a Loan Notice with respect to a Revolving Borrowing denominated in Dollars is given by the Borrower, there are L/C Borrowings outstanding, then the proceeds of such Revolving Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings, and second, shall be made available to the Borrower as provided above.
Advances. Each Advance under the Revolving Line of Credit shall be made, to the extent that Bank is so obligated under [Section 2.01], on notice from Borrower (a "Request for Advance") to Bank delivered before Central Daylight Time ("CDT") on a Business Day prior to the date of such Advance, specifying the amount of such Advance, and the Interest Period therefor; provided that, no Advances shall be established while an Event of Default exists or if the interest rate for such Advances would exceed the Maximum Rate. Any Request for Advance received after CDT shall be deemed to have been received and be effective on the next Business Day. The amount of such Advance shall, subject to the terms and conditions of this Agreement, be made available to Borrower as set forth in the Request for Advance by # depositing the same, in same day funds, in an account of Borrower maintained with Bank or # wire transferring such funds to the Person or Persons designated in the Request for Advance. Each Request for Advance will be accompanied by a most recently reviewed Borrowing Base Certificate.
Advances. The Advances shall be evidenced by the Note, delivered to Bank pursuant to [Article II], in the amount of its Revolving Line of Credit. Borrower shall repay to Bank the aggregate unpaid principal amount of all Advances on the Termination Date.
Minimum Amount of Each Revolving Advance. Each Revolving Advance (other than a Revolving Advance of Revolving Loans to repay a Reimbursement Obligation) shall be in a minimum amount of (or the Equivalent Amount if denominated in an Agreed Currency other than Dollars) and in multiples of (or the Equivalent Amount if denominated in an Agreed Currency other than Dollars) if in excess thereof; provided, however, that any Floating Rate Advance may be in the Dollar Amount of the unused total Revolving Loan Commitment in respect of the applicable Class.
the aggregate Outstanding Amount of the Revolving Loans (including Protective Advances) of that Lender.
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