Examples of Additional Revolving Borrower in a sentence

Subject to the terms and conditions of this Section 2.21, the Company may, at any time or from time to time on or after the Closing Date, upon not less than 5 Business Days’ notice (or such shorter period which is reasonably acceptable to the Administrative Agent) to the Administrative Agent (which shall promptly notify the Lenders thereof), request the designation of a wholly-owned Subsidiary as an Additional Revolving Borrower hereunder.
Notwithstanding anything in this Agreement or any other Loan Document to the contrary, the Obligations of (x) Xxxxxx UK hereunder and (y) each Additional Revolving Borrower hereunder, in each case, shall be several (and not joint) and Xxxxxx UK and each Additional Revolving Borrower shall only be liable for any Loans and any other Obligations incurred directly by it and shall not be liable for any of the Obligations of the Company or any other Loan Party hereunder.

More Definitions of Additional Revolving Borrower

Additional Revolving Borrower shall have the meaning provided in Section 1.13(a).

Additional Revolving Borrower means any Revolving Borrower that becomes a Borrower hereunder on or after the Amendment No. 1 Effective Date pursuant to Section 2.21 hereof. “Additional Revolving Borrower Joinder Agreement” means a joinder to this Agreement executed pursuant to Section 2.21 hereof in a form reasonably acceptable to the Administrative Agent and executed by the Administrative Agent, the Company and the Additional Revolving Borrower(s) becoming a party to this Agreement. “Amendment No. 1” means Joinder and Amendment No. 1 to Revolving Credit and Term Loan Agreement among the Borrowers, the Administrative Agent and the Lenders party thereto dated as of the Amendment No. 1

Additional Revolving Borrower each Subsidiary of Mid-Holdings set forth on the signature pages hereto as an Additional Revolving Borrower and any Person that is added as an additional Borrower hereunder with respect to the Revolving Credit Facilities in accordance with the provisions set forth in Section 10.1.

Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.
ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.
Incremental Revolving Loan has the meaning set forth in Section 2.14(b).
U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.
ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.
New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).
Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.