Revolver Commitment Termination Date. the earliest of (a) the Facility Termination Date, (b) the date on which the Borrower Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations on such date.
Appears in 6 contracts
Samples: Loan and Security Agreement (Topgolf Callaway Brands Corp.), Loan Agreement (Topgolf Callaway Brands Corp.), Loan and Security Agreement (Callaway Golf Co)
Revolver Commitment Termination Date. the earliest of (a) the Facility Termination Date, (b) the date on which the Borrower North American Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the (a) U.S. Revolver Loans outstanding on such date plus the and (b) U.S. LC Obligations on such date.
Appears in 2 contracts
Samples: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Edgen Group Inc.)
Revolver Commitment Termination Date. the earliest to occur of (a) the Facility Revolver Termination Date, ; (b) the date on which the Borrower Agent terminates or reduces to zero U.S. Borrowers terminate the U.S. Revolver Commitments pursuant to Section 2.1.4, and 2.1.5 or (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations on such date.
Appears in 1 contract
Revolver Commitment Termination Date. the earliest of (a) the Facility Termination Date, (b) the date on which the Borrower Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.211.1. U.S. Revolver Exposure: on any date, an amount equal to the sum of the (a) U.S. Revolver Loans outstanding on such date plus the and (b) U.S. LC Obligations on such date.
Appears in 1 contract
Samples: Loan, Security and Guarantee Agreement (South Texas Supply Company, Inc.)
Revolver Commitment Termination Date. the earliest of (a) the Revolver Facility Termination Date, (b) the date on which the Administrative Borrower Agent terminates or reduces to zero the U.S. Revolver Commitments (or the Revolver Commitment Termination Date occurs) pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.211.1. U.S. Revolver Exposure: on any date, an amount equal to the sum of the U.S. (a) Revolver Loans outstanding on such date plus the U.S. and (b) LC Obligations on such date.
Appears in 1 contract
Revolver Commitment Termination Date. the earliest of (a) the Facility Termination Date, (b) the date on which the Borrower North American Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.211.1. U.S. Revolver Exposure: on any date, an amount equal to the sum of the (a) U.S. Revolver Loans outstanding on such date plus the and (b) U.S. LC Obligations on such date.
Appears in 1 contract
Samples: Loan, Security and Guarantee Agreement (MRC Global Inc.)
