Class A Revolving Lender definition

Class A Revolving Lender means each financial institution listed on the signature pages hereto as a Class A Revolving Lender, and any other Person that becomes a party hereto as a Class A Revolving Lender pursuant to an Assignment Agreement.
Class A Revolving Lender means a Lender with a Class A Revolving Commitment or, if the Class A Revolving Commitments have terminated or expired, a Lender with Class A Revolving Exposure.
Class A Revolving Lender means each Class A Revolving Committed Lender and each Class A Revolving Conduit Lender.

Examples of Class A Revolving Lender in a sentence

  • The Incremental Class A Revolving Lender shall constitute a “Class A Revolving Lender,” the Incremental Class A Revolving Commitment shall constitute a “Class A Revolving Commitment” and the loans made pursuant thereto shall constitute “Class A Revolving Loans,” in each case, for all purposes of the Credit Agreement and the other Loan Documents.

  • Subject to the terms and conditions set forth herein and in the Credit Agreement, the Incremental Class A Revolving Lender hereby commits to provide the Incremental Class A Revolving Commitment.


More Definitions of Class A Revolving Lender

Class A Revolving Lender that do not become Class B Revolving Commitments pursuant to the foregoing clause (A) shall be continued hereunder on such date as Revolving Commitments and reclassified as Class A Revolving Commitments in an amount as set forth on Schedule I-B to the Amendment No. 5. On and after the Amendment No. 5 Effective Date, all Borrowings of Revolving Loans under Section 2.1(a)(iv) shall be made pro rata between the Class A Revolving Facility and the Class B Revolving Facility in proportion to the Total Class A Revolving Commitments and Total Class B Revolving Commitments. Any Original Revolving Loans outstanding immediately prior to giving effect to the Amendment No. 5 Effective Date shall be continued as Revolving Loans hereunder on the Amendment No. 5 Effective Date; provided that (x) the Original Revolving Loans of each Class A Revolving Lender will be continued as “Class A Revolving Loans” hereunder and (y) the Original Revolving Loans of each Class B Revolving Lender will become “Class B Revolving Loans” hereunder, in each case, on the terms set forth herein for such Class of Revolving Commitments. SECTION 2.02
Class A Revolving Lender means (a) prior to the Amendment No. 5 Effective Date, each Original Revolving Lender, (b) as of Amendment No. 5 Effective Date, each Original Revolving Lender that is not party to Amendment No. 5 but whose name and the aggregate principal amount of its Class A Revolving Commitment are set forth on Schedule 1-B to Amendment No. 5 and (c) on or after the Amendment No. 5 Effective Date, without duplication of clause (b) above as of Amendment No. 5 Effective Date, each Lender that holds a Class A Revolving Commitment.
Class A Revolving Lender means (a) prior to the Amendment No. 5 Effective Date, each Original Revolving Lender, (b) as of Amendment No. 5 Effective Date, each Original Revolving Lender that is not party to Amendment No. 5 but whose name and the aggregate principal amount of its Class A Revolving Commitment are set forth on Schedule 1-B to Amendment No. 5 and (c) on or after the Amendment No. 5 Effective Date, without duplication of clause (b) above as of Amendment No. 5 Effective Date, each Lender that holds a Class A Revolving Commitment. “Class A Revolving Loan” means a Revolving Credit Loan made by any Class A Revolving Lender pursuant to its Class A Revolving Commitment. “Class B Revolving Commitment” means (a) on or after Amendment No. 5 Effective Date, with respect to each Original Revolving Lender that is party to Amendment No. 5, the amount set forth on Schedule I-B to Amendment No. 5 opposite such Lender’s name as such Lender’s Commitment under the heading “Class B Revolving Commitments”, which Commitment shall terminate on the Revolving Maturity Date, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof, (b) in the case of any Lender that receives an assignment of any portion of a Class B Revolving Commitment, the amount specified as such Lender’s “Class B Revolving Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Class B Revolving Commitment, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof and (c) in the case of any Class B Revolving Lender that increases its Class B Revolving Commitment or becomes an Incremental Revolving Credit Commitment Increase Lender, in each case pursuant to Section 2.14, the amount specified in the applicable Incremental Agreement, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof. As of Amendment No. 5 Effective Date, the aggregate amount of the Class B Revolving Commitments outstanding is $170,000,000. “Class B Revolving Facility” means the revolving credit facility represented by the Class B Revolving Commitments. “Class B Revolving Lender” means (a) as of Amendment No. 5 Effective Date, each Original Revolving Credit Lender that is party to Amendment No. 5 and whose name and the aggregate principal amount of its Class B Revolving Commitment are set forth on Schedule 2 to Amendment No. 5 and (b) on or after Amendment No. 5 Effective Date, with...
Class A Revolving Lender means any Lender that has a Class A Revolving Commitment.
Class A Revolving Lender as defined in this Agreement as in effect immediately prior to Amendment No. 511 Effective Date. “Original Class A Revolving Loans” means the Class A Revolving Loans outstanding immediately prior to Amendment No. 511 Effective Date. “Original Class B Revolving Commitment” means each “Class B Revolving Commitment” as defined in this Agreement as in effect immediately prior to Amendment No. 11
Class A Revolving Lender means each Class A Revolving Committed Lender and each Class A Revolving Conduit Lender. “Class A Revolving Loan” means a Loan made by a Class A Revolving Lender to the Borrower pursuant to Section 0. “Class A Revolving Maximum Amount” means the total Class A Revolving Committed Maximum Amounts and the total Class A Revolving Conduit Maximum Amounts, provided however, for greater certainty, that the Class A Revolving Maximum Amount shall not, at any given time, exceed Four Hundred and Fifty Million Dollars ($450,000,000). “Class A Undrawn Fee” means, [***] “Class B Agent” as defined in the preamble hereto. “Class B Applicable Margin” means [***] “Class B Base Margin” means [***] “Class B Borrowing Base” means, as of any day, an amount equal to the lesser of: (a) (i) the Applicable Class B Advance Rate, multiplied by the Aggregate Adjusted EPOB pertaining to Eligible Loan Assets at such time plus (ii) the aggregate amount of Collections in the Waterfall Account after giving effect to the application of available funds in accordance with Section 0 on the next following Distribution Date, minus (iii) the Total Utilization of Class A Revolving Maximum Amount; and (b) the total Class B Revolving Commitments on such day.