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 “LIBO Rate Revolving Loan” or a “XXXXX Rate Revolving Loan”) or by Class and Type (e.g., a “LIBO Rate Initial Revolving Loan” or a “XXXXX 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 “LIBO Rate Borrowing” or a “XXXXX Rate Borrowing”) or by Class and Type (e.g., a “LIBO Rate Initial Revolving Borrowing” or a “XXXXX 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 “LIBO Rate Revolving Loan” or a “XXXXX Rate Revolving Loan”) or by Class and Type (e.g., a “LIBO Rate Initial Revolving Loan” or a “XXXXX 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 “LIBO Rate Borrowing” or a “XXXXX Rate Borrowing”) or by Class and Type (e.g., a “LIBO Rate Initial Revolving Borrowing” or a “XXXXX Rate Additional European Incremental Revolving Facility Revolving Borrowing”). -88- #94513555v35.

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 “LIBO Rate RateTerm SOFR Revolving Loan” or a “XXXXX Rate Xxxx Revolving Loan”) or by Class and Type (e.g., a “LIBO Rate RateTerm SOFR Initial Revolving Loan” or a “XXXXX Rate 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 “LIBO Rate RateTerm SOFR Borrowing” or a “XXXXX Rate Xxxx Borrowing”) or by Class and Type (e.g., a “LIBO Rate RateTerm SOFR Initial Revolving Borrowing” or a “XXXXX Rate Xxxx Additional European Incremental Revolving Facility Revolving Borrowing”). -88- #94513555v35.

Appears in 1 contract

Samples: 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 “LIBO Rate Term SOFR Revolving Loan” or a “XXXXX Rate Xxxx Revolving Loan”) or by Class and Type (e.g., a “LIBO Rate Term SOFR Initial Revolving Loan” or a “XXXXX Rate 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 “LIBO Rate Term SOFR Borrowing” or a “XXXXX Rate Xxxx Borrowing”) or by Class and Type (e.g., a “LIBO Rate Term SOFR Initial Revolving Borrowing” or a “XXXXX Rate Xxxx Additional European Incremental Revolving Facility Revolving Borrowing”). -88- #94513555v35.

Appears in 1 contract

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

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