Revolving Loans under Original Loan Agreement. The Borrowers acknowledge and agree that as of the close of business on the Business Day immediately preceding the Closing Date, # the outstanding principal amount of Revolving Loans under the Original Loan Agreement equaled and that such Revolving Loans are continued as Revolving Loans hereunder, and # there are no Letters of Credit outstanding under the Original Loan Agreement. All Commitments (as defined in the Original Loan Agreement) under the Original Loan Agreement shall hereinafter be assigned or re-allocated among the Commitments hereunder, and after giving effect hereto, the percentages of the Commitments are as set forth on the signature pages of this Agreement. Notwithstanding anything set forth herein to the contrary, in order to effect the continuation of the outstanding Revolving Loans contemplated by the preceding sentence, the amount to be funded on the Closing Date by each Lender hereunder in respect of its Commitments shall be reduced by the principal amount of such Lender’s Revolving Loans under the Original Loan Agreement outstanding on the Closing Date.
Existing Revolving LoansLoans. Borrower acknowledges and agrees that certain of the Original Lenders made revolving loans to Borrower from time to time under the Original Loan Agreement. The Borrowers acknowledgeCredit Agreement (the “Existing Revolving Loans”), and agree that as of the closeClosing Date, immediately before giving effect to this Agreement, the outstanding principal balance of business on the Business Day immediately precedingExisting Revolving Loans is . Each of Borrower, Administrative Agent and each Lender acknowledges and agrees that the Existing Revolving Loans # remain outstanding hereunder, # constitute “Revolving Credit Loans” for all purposes under this Agreement and the other Loan Documents and # as of the Closing Date, #constitute a single Term SOFR Portion with an Interest Period of one month, the outstanding principal amountfirst day of Revolving Loans under the Original Loan Agreement equaled and that such Revolving Loans are continued as Revolving Loans hereunder, and # there are no Letters of Credit outstanding under the Original Loan Agreement. All Commitments (as defined in the Original Loan Agreement) under the Original Loan Agreement shall hereinafter be assigned or re-allocated among the Commitments hereunder, and after giving effect hereto, the percentages of the Commitments are as set forth on the signature pages of this Agreement. Notwithstanding anything set forth herein to the contrary, in order to effect the continuation of the outstanding Revolving Loans contemplated by the preceding sentence, the amount to be funded onwhich is the Closing Date by each Lender hereunder in respect of its Commitments shall be reduced by the principal amount of such Lender’s Revolving Loans under the Original Loan Agreement outstanding on the Closing Date.
Existing Revolving LoansLoans. Borrower acknowledges and agrees that certain of the Original Lenders made revolving loans to Borrower from time to time under the Original Loan Agreement. The Borrowers acknowledgeCredit Agreement (the “Existing Revolving Loans”), and agree that as of the close of business on the Business Day immediately preceding the Closing Date, #immediately before giving effect to this Agreement, the outstanding principal amountbalance of the Existing Revolving Loans under the Original Loan Agreement equaledis . Each of Borrower, Administrative Agent and each Lender acknowledges and agrees that suchthe Existing Revolving Loans are continued as Revolving Loans# remain outstanding hereunder, # constitute “Revolving Credit Loans” for all purposes under this Agreement and the other Loan Documents and # there are no Letters of Credit outstanding under the Original Loan Agreement. All Commitments (as defined in the Original Loan Agreement) under the Original Loan Agreement shall hereinafter be assigned or re-allocated among the Commitments hereunder, and after giving effect hereto, the percentages of the Commitments are as set forth on the signature pages of this Agreement. Notwithstanding anything set forth herein to the contrary, in order to effect the continuation of the outstanding Revolving Loans contemplated by the preceding sentence, the amount to be funded on the Closing Date by each Lender hereunder in respect of its Commitments shall be reduced by the principal amount of such Lender’s Revolving Loans under the Original Loan Agreement outstanding on the Closing Date.
Revolving Loans. Subject to the terms and conditions set forth herein and relying upon the representations and warranties set forth herein, each Revolving Lender agrees, severally and not jointly, to make Revolving Loans under Original Loan Agreement. The Borrowers acknowledgeto the Borrower, at any time and agree that asfrom time to time on or after the Closing Date until the earlier of the closeRevolving Maturity Date and the termination of business on the Business Day immediately precedingRevolving Commitment of such Lender in accordance with the Closing Date, #terms hereof, in an aggregate principal amount at any time outstanding that will not result in such Lender’s Revolving Exposure exceeding such Lender’s Revolving Commitment; provided, however, except as provided in [Section 2.17(d)], the outstandingBorrower may not request Revolving Loans if the aggregate principal amount of Revolving Loans under the Original Loan Agreement equaledoutstanding would be in excess of and that such Revolving Loans are continued as Revolving Loans hereunder, and # there are no Letters of Credit outstanding under the Original Loan Agreement. All Commitments (as defined in the Original Loan Agreement) under the Original Loan Agreement shall hereinafter be assigned or re-allocated among the Commitments hereunder, and after giving effect hereto, the percentages of the Commitments are as set forth on the signature pages of this Agreement. Notwithstanding anything set forth herein to the contrary, in order to effect the continuation of the outstanding Revolving Loans contemplated by the preceding sentence, the amount to be funded on the Closing Date by each Lender hereunder in respect of its Commitments shall be reduced by the principal amount of such Lender’s Revolving Loans under the Original Loan Agreement outstanding on the Closing Date..
Revolving Loans under Original Loan Agreement. The Borrowers acknowledgeCredit Borrowings. Subject to the terms and agree that asconditions of the close of business on the Business Day immediately precedingthis Agreement, each Revolving Credit Lender severally agrees to make one or more revolving credit loans (each such loan, a “Revolving Credit Loan”) to Borrower from time to time from the Closing Date, #Date until the outstandingMaturity Date in an aggregate principal amount of Revolving Loans under the Original Loan Agreement equaled and thatfor such Revolving Loans are continued asCredit Lender at any time outstanding up to but not exceeding the amount of such Revolving Loans hereunder, and # there are no LettersCredit Lender’s Commitment, provided that the Revolving Credit Exposure of all Revolving Credit outstanding underLenders shall not exceed the Original Loan Agreement. All Commitments (as defined in the Original Loan Agreement) under the Original Loan Agreement shall hereinafter be assigned or re-allocated among the Commitments hereunder, and after giving effect hereto, the percentagesaggregate amount of the Commitments are as set forth onof the signature pagesRevolving Credit Lenders. Subject to the foregoing limitations, and the other terms and provisions of this Agreement.Agreement, Borrower may borrow, repay, and reborrow Revolving Credit Loans hereunder. Notwithstanding anything set forth hereinin this Agreement to the contrary, in order to effectif as of , the continuationaggregate Revolving Credit Commitments of all of the outstandingLenders is greater than , then immediately and automatically on such date (and without any action required of any Person), the aggregate Revolving Loans contemplated byCredit Commitments of all of the preceding sentence, the amount to be funded on the Closing Date by each Lender hereunder in respect of its CommitmentsLenders shall be reduced by the principal amount of such Lender’s Revolving Loans under the Original Loan Agreement outstanding on the Closing Date.to .
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