Aggregate FILO Commitments definition

Aggregate FILO Commitments means the FILO Commitments of all the FILO Lenders, as reduced by the Borrowers pursuant to Section 2.15. As of the Effective Date, the Aggregate FILO Commitments are in the sum of $15,000,000.
Sample 1
Aggregate FILO Commitments means the aggregate of the FILO Commitments of all FILO Lenders. As of the Amendment No. 1 Effective Date, the Aggregate FILO Commitments are $15,000,000. “Agreement” means this Credit Agreement. “Allocable Amount” has the meaning specified in Section 10.22(d). “Amendment No. 1” means Amendment No. 1 to Credit Agreement, dated as of the Amendment No. 1 Effective Date, by and among Agent, the Lenders party thereto, Borrowers and the other parties thereto, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. “Amendment No. 1 Documents” shall have the meaning set forth in Section 4.1 of Amendment No. 1. “Amendment No. 1 Effective Date” means October 30, 2020. “Amendment No. 1 Fee Letter” means the fee letter, dated as of the Amendment No. 1 Effective Date, by and among Agent and Lead Borrower, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. “Anti-Corruption Laws” means the FCPA, the U.K. Bribery Act of 2010, as amended, and all other applicable laws and regulations or ordinances concerning or relating to bribery, money laundering or corruption in any jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates is located or is doing business. “Anti-Money Laundering Laws” means the applicable laws or regulations in any jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates is located or is doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping and reporting requirements related thereto. “Applicable Commitment Fee Percentage” means two-hundredthsthree-eighths of one percent (0.200.375%). “Applicable Lenders” means the Required Lenders, Required ABL Lenders, the Supermajority ABL Lenders, the Required FILO Lenders, the Supermajority FILO Lenders, all affected Lenders, or all Lenders, as the context may require. “Applicable Margin” means, (a) with respect to Base Rate Loans, a rate per annum equal to one-quarter percent (0.25%) and (b) with respect to LIBO Rate Loans, a rate per annum equal to one and one-quarter percent (1.25%).
Sample 1
Aggregate FILO Commitments means the FILO Commitments of all the FILO Lenders. As of the First Amendment Effective Date, the Aggregate FILO Commitments are in the sum of $0.
Sample 1

Examples of Aggregate FILO Commitments in a sentence

  • For the avoidance of doubt, the FILO Lenders (in such capacity) shall not participate in the Swing Line Loans or have any obligations under this Section 2.04, and “Applicable Percentage” as determined under this Section 2.04 shall exclude the FILO Commitments and the Aggregate FILO Commitments.

  • For the avoidance of doubt, the FILO Lenders (in such capacity) shall not participate in the Letters of Credit or LC Loans, nor shall the FILO Lenders have any obligations under this Section 2.03, and “Applicable Percentage” as determined under this Section 2.03 shall exclude the FILO Commitments and the Aggregate FILO Commitments.

  • At any time and from time to time after the Second Amendment Effective Date, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Lead Borrower may, on one occasion, request in writing an increase in the Aggregate FILO Commitments (a “FILO IP Increase”) to be based upon the appraised forced liquidation value of eligible Intellectual Property of the Borrowers as determined on or about the date of such request.

  • Upon any reduction of the Aggregate Revolving Commitments or Aggregate FILO Commitments, the applicable Commitment of each Lender FILO Lender or Revolving Lender, as the case may be, shall be reduced by such Lender’s Applicable Percentage of such reduction amount.

  • All fees (including, without limitation, commitment fees and Letter of Credit Fees) and interest in respect of the Aggregate Commitments, the Aggregate Revolving Commitments, or the Aggregate FILO Commitments accrued until the effective date of any termination of such Aggregate Commitments, Aggregate Revolving Commitments or Aggregate FILO Commitments, as the case may be, shall be paid on the effective date of such termination.

  • All fees (including, without limitation, commitment fees and Letter of Credit Fees) and interest in respect of the Aggregate Commitments, the Aggregate Revolving Commitments, or the Aggregate FILO Commitments accrued until the effective date of any termination of thesuch Aggregate Commitments, Aggregate Revolving Commitments or Aggregate FILO Commitments, as the case may be, shall be paid on the effective date of such termination.

  • If the Aggregate Tranche A Commitments or the Aggregate FILO Commitments are increased in accordance with this Section, the Administrative Agent and the Borrowers shall determine the effective date (the “Revolving Credit Increase Effective Date”) and the final allocation of such increase.

  • The Borrower shall at all times maintain Availability equal to or greater than the greater of (a) ten percent (10%) of Maximum Availability (calculated without inclusion of the Aggregate FILO Commitments in the Total Commitments), and (b) $12,000,000.

  • Upon any reduction of the Aggregate Revolving Commitments or Aggregate FILO Commitments, the applicable Commitment of each FILO Lender or Revolving Lender, as the case may be, shall be reduced by such Lender’s Applicable Percentage of such reduction amount in respect of the applicable Facility.

Related to Aggregate FILO Commitments

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $500,000,000.

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $500,000,000.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Total Commitments means the aggregate of the Commitments of all the Lenders.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Revolving Credit Aggregate Commitment means Twenty Five Million Dollars ($25,000,000), subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.