Common use of Replacement Revolving Facility Commitments Clause in Contracts

Replacement Revolving Facility Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Facility Commitments” and the revolving loans thereunder “Replacement Revolving Loans”). Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which such Borrower proposes that the Replacement Revolving Facility Commitments shall become effective, which shall be a date not less than ten Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:

Appears in 3 contracts

Samples: Credit Agreement (EVERTEC, Inc.), Assignment and Assumption Agreement (EVERTEC, Inc.), Credit Agreement (TII Smart Solutions, Sociedad Anonima)

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Replacement Revolving Facility Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Facility Commitments” and the revolving loans thereunder “Replacement Revolving Loans”). Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which such the Borrower proposes that the Replacement Revolving Facility Commitments shall become effective, which shall be a date not less than ten five Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:

Appears in 2 contracts

Samples: Credit Agreement (Aeroways, LLC), Credit Agreement (Cke Restaurants Inc)

Replacement Revolving Facility Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Facility Commitments” and the revolving loans thereunder “Replacement Revolving Loans”). Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which such the Borrower proposes that the Replacement Revolving Facility Commitments shall become effective, which shall be a date not less than ten Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:

Appears in 1 contract

Samples: Credit Agreement (Great Wolf Resorts, Inc.)

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Replacement Revolving Facility Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Facility Commitments” and the revolving loans thereunder “Replacement Revolving Loans”)) which Refinances all or any portion of a Revolving Facility. Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which such the Borrower proposes that the Replacement Revolving Facility Commitments shall become effective, which shall be a date not less than ten five (5) Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:

Appears in 1 contract

Samples: Credit Agreement (Caesars Acquisition Co)

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