Common use of Classification of Revolving Loans and Borrowings Clause in Contracts

Classification of Revolving Loans and Borrowings. For purposes of this Agreement, Revolving Loans may be classified and referred to by Class (e.g., an “Initial Revolving Loan” or an “Additional European Incremental Revolving Facility Revolving Loan”) or by Type (e.g., a “Term SOFR Revolving Loan” or a “XXXXX Xxxx Revolving Loan”) or by Class and Type (e.g., a “Term SOFR Initial Revolving Loan” or a “XXXXX Xxxx Additional European Incremental Revolving Facility Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., an “Initial Revolving Borrowing” or an “Additional European Incremental Revolving Facility Revolving Borrowing”) or by Type (e.g., a “Term SOFR Borrowing” or a “XXXXX Xxxx Borrowing”) or by Class and Type (e.g., a “Term SOFR Initial Revolving Borrowing” or a “XXXXX Xxxx Additional European Incremental Revolving Facility Revolving Borrowing”).

Appears in 1 contract

Samples: Abl Credit Agreement (Hayward Holdings, Inc.)

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Classification of Revolving Loans and Borrowings. For purposes of this Agreement, Revolving Loans may be classified and referred to by Class (e.g., an “Initial Revolving Loan” or an “Additional European Incremental Revolving Facility Revolving Loan”) or by Type (e.g., a “Term LIBO RateTerm SOFR Revolving Loan” or a “XXXXX Xxxx Revolving Loan”) or by Class and Type (e.g., a “Term LIBO RateTerm SOFR Initial Revolving Loan” or a “XXXXX Xxxx Additional European Incremental Revolving Facility Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., an “Initial Revolving Borrowing” or an “Additional European Incremental Revolving Facility Revolving Borrowing”) or by Type (e.g., a “Term LIBO RateTerm SOFR Borrowing” or a “XXXXX Xxxx Borrowing”) or by Class and Type (e.g., a “Term LIBO RateTerm SOFR Initial Revolving Borrowing” or a “XXXXX Xxxx Additional European Incremental Revolving Facility Revolving Borrowing”).

Appears in 1 contract

Samples: Credit Agreement (Hayward Holdings, Inc.)

Classification of Revolving Loans and Borrowings. For purposes of this Agreement, Revolving Loans may be classified and referred to by Class (e.g., an “Initial Revolving Loan” or an “Additional European Incremental Revolving Facility Revolving Loan”) or by Type (e.g., a “Term SOFR LIBO Rate Revolving Loan” or a “XXXXX Xxxx Rate Revolving Loan”) or by Class and Type (e.g., a “Term SOFR LIBO Rate Initial Revolving Loan” or a “XXXXX Xxxx Rate Additional European Incremental Revolving Facility Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., an “Initial Revolving Borrowing” or an “Additional European Incremental Revolving Facility Revolving Borrowing”) or by Type (e.g., a “Term SOFR LIBO Rate Borrowing” or a “XXXXX Xxxx Rate Borrowing”) or by Class and Type (e.g., a “Term SOFR LIBO Rate Initial Revolving Borrowing” or a “XXXXX Xxxx Rate Additional European Incremental Revolving Facility Revolving Borrowing”).. -88- #94513555v35

Appears in 1 contract

Samples: Abl Credit Agreement (Hayward Holdings, Inc.)

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Classification of Revolving Loans and Borrowings. For purposes of this Agreement, Revolving Loans may be classified and referred to by Class (e.g., an “Initial Revolving Loan” or an “Additional European Incremental Revolving Facility Revolving Loan”) or by Type (e.g., a “Term SOFR LIBO Rate Revolving Loan” or a “XXXXX Xxxx Rate Revolving Loan”) or by Class and Type (e.g., a “Term SOFR LIBO Rate Initial Revolving Loan” or a “XXXXX Xxxx Rate Additional European Incremental Revolving Facility Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., an “Initial Revolving Borrowing” or an “Additional European Incremental Revolving Facility Revolving Borrowing”) or by Type (e.g., a “Term SOFR LIBO Rate Borrowing” or a “XXXXX Xxxx Rate Borrowing”) or by Class and Type (e.g., a “Term SOFR LIBO Rate Initial Revolving Borrowing” or a “XXXXX Xxxx Rate Additional European Incremental Revolving Facility Revolving Borrowing”).

Appears in 1 contract

Samples: Credit Agreement (Hayward Holdings, Inc.)

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