Additional Revolving Loan Commitments definition

Additional Revolving Loan Commitments means the commitments of the Additional Revolving Loan Lenders to make Additional Revolving Loans pursuant to Section 2.14 has the meaning specified in Section 2.14(a).

Additional Revolving Loan Commitments is defined in Section 2.9.

Additional Revolving Loan Commitments. Provided that each Lender has consented to this Agreement: at any time, so long as no Event of Default or Potential Event of Default has occurred and is continuing and the Consolidated Borrowing Base is not less than the Revolving Loan Commitments after giving effect to the proposed increase, Borrower may, by notice to the Agent, request that, on the terms and subject to the conditions contained in this Agreement, the Lenders and/or other financial institutions not then a party to this Agreement that are approved by the Agent (which approval shall not be unreasonably withheld) provide additional Revolving Loan Commitments; provided that (1) such additional Revolving Loan Commitments shall not exceed an aggregate amount of $75,000,000 and (2) Company shall deliver to Agent an Officer's Certificate (a) detailing all Indebtedness (including, without limitation, Indebtedness under this Agreement) which Company has classified as being incurred pursuant to clause (1) of paragraph (b) of Section 4.03 of the Senior Subordinated Note Indenture, (b) specifying the manner in which Company intends to classify the increase in Indebtedness being requested by Company pursuant to this subsection 2.1A(iii), which classification shall be satisfactory in form and substance to Agent, and (c) covenanting that, upon approval by Agent of any such classification, Company will not thereafter change the classification of any such item of Indebtedness under this Agreement without the prior approval of Agent. Upon receipt of such notice, Agent shall use commercially reasonable efforts to arrange for the Lenders or other financial institutions acceptable to Agent to provide such additional Revolving Loan Commitments. Nothing contained in this subsection 2.1A(iii) or otherwise in this Agreement is intended to commit any Lender or Agent to provide any portion of any such additional Revolving Loan Commitments. If and to the extent that any Lenders and/or other financial institutions agree, in their sole discretion, to provide any such additional Revolving Loan Commitments, (a) any such financial institution not then a party to this Agreement shall execute a counterpart signature page to this Agreement and deliver originally executed copies of such signature page to Borrower and Agent, (b) the Revolving Loan Commitment amount shall be increased by the amount of the additional Revolving Loan Commitments agreed to be so provided, (c) the Pro Rata Shares of the respective Lenders in respect ...

Examples of Additional Revolving Loan Commitments in a sentence

• If you do not so accept this Agreement by such time, our Additional Revolving Loan Commitments set forth in this Agreement shall be deemed cancelled.

• The amount of the Term Loans (including the amount of the 2008 Incremental Term Loans) shall be included in the computation of the $400,000,000 of Additional Revolving Loan Commitments and Term Loans referred to in clause (v) of the first sentence of Section 2.16(a).

• Borrower acknowledges and agrees that all Obligations with respect to Additional Revolving Loan Commitments shall be fully guaranteed pursuant to the Guaranty in accordance with the terms and provisions thereof.

• If the Additional Term Loans or the Additional Revolving Loan Commitments are provided in accordance with this Section 2.14, the Administrative Agent and the Borrowers shall determine the effective date of such addition (each, an “Additional Loans Effective Date”) and the final allocation of such Additional Term Loans or Additional Revolving Loan Commitments.

• The Additional Term Loans and the Additional Revolving Loan Commitments shall be effected by a joinder agreement to this Agreement (the “Additional Loans Joinder Agreement”) executed by the Borrowers, the Administrative Agent and each Additional Lender making or providing such Additional Term Loans or Additional Revolving Loan Commitments, in form and substance reasonably satisfactory to each of them, subject, however, to the satisfaction of the conditions precedent set forth in this Section 2.14.

• If there is a new Revolving Loan Borrowing on such Additional Loans Effective Date, the Revolving Loan Lenders after giving effect to such Additional Revolving Loan Commitments shall make such Revolving Loans in accordance with Section 2.01(b).

• Any Letters of Credit outstanding immediately prior to the Amendment No. 11 Effective Date shall be deemed to be issued under the New Revolving Loan Commitments (immediately after giving effect to the establishment of the Additional Revolving Loan Commitments).

• Unless earlier terminated in accordance with the terms and conditions of this Agreement, the Additional Revolving Loan Commitments of the Additional Revolving Lenders to lend hereunder shall expire on the Additional Revolving Loan Termination Date.

• For the avoidance of doubt, (i) the Letter of Credit Commitments of the L/C Issuers shall remain in full force and effect under the Amended Credit Agreement and (ii) the Replacement Revolving Commitments and the Additional Revolving Loan Commitments shall constitute a single Class of Revolving Credit Commitments under the Amended Credit Agreement.

More Definitions of Additional Revolving Loan Commitments

Additional Revolving Loan Commitments has the meaning assigned to that term in subsection 2.1A.

Additional Revolving Loan Commitments has the meaning ascribed to it in Section 1.17(b).

Additional Revolving Loan Commitments is defined in clause (h) of Section 2.1.2.