Class C Revolving Commitment definition

Class C Revolving Commitment with respect to each Class C Lender, the obligation of such Class C Lender, if any, to make Class C Revolving Loans and participate in Swingline Loans and Letters of Credit in an aggregate principal and/or face amount not to exceed the amount set forth opposite its name on Schedule 1.1A hereto under the heading “Class C Revolving Commitment Amounts” or as may subsequently be set forth in the Register from time to time, as the same may be (x) reduced from time to time pursuant to Sections 2.12 and 2.14 or (y) increased from time to time pursuant to Section 2.25. The aggregate Class C Revolving Commitments of all Class C Lenders shall be $1,519,200,000 on the Amendment No. 8 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
Sample 1
Class C Revolving Commitment means, with respect to each Class C Revolving Lender, the commitment, if any, of such Class C Revolving Lender to make Class C Revolving Loans, including Foreign Currency Loans, expressed as an amount representing the maximum aggregate amount of such Class C Revolving Lender’s Class C Revolving Exposure, including Foreign Currency Exposure, hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. The amount of each Class C Revolving Lender’s Class C Revolving Commitment (i) in the case of the initial Class C Revolving Lender as of the Class C Amendment Effective Date, is $5,000,000 or (ii) in the case of a Person that becomes a Class C Revolving Lender by assignment, as of the date on which such Class C Revolving Lender shall have assumed its Class C Revolving Commitment, is set forth in the Assignment and Acceptance pursuant to which such Class C Revolving Lender shall have assumed its Class C Revolving Commitment.
Sample 1
Class C Revolving Commitment means, with respect to each Class C Revolving Lender, the commitment, if any, of such Class C Revolving Lender to make Class C Revolving Loans, including Foreign Currency Loans, expressed as an amount representing the maximum aggregate amount of such Class C Revolving Lender’s Class C Revolving Exposure, including Foreign Currency Exposure, hereunder, as such commitment may be
Sample 1

Examples of Class C Revolving Commitment in a sentence

  • The Extending Lender has agreed, subject to the terms and conditions set forth herein and in the Credit Agreement, as amended by this Amendment, to (i) reduce its Class B Revolving Commitment from $170,000,000 to $150,000,000, (ii) extend the expiration date of its Class B Revolving Commitment (after giving effect to the Reduction) to the Class C Original Termination Date and (iii) convert its Class B Revolving Commitment to a Class C Revolving Commitment.

Related to Class C Revolving Commitment

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Restatement Date is $74,000,000.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Canadian Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Canadian Revolving Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender or in the Assignment and Assumption pursuant to which such lender assumed its Canadian Revolving Commitment. The Canadian Revolving Commitment of each Revolving Lender is a sub-commitment of its Revolving Commitment and, as such, may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolving Lender pursuant to Section 11.04. The aggregate amount of the Lenders’ Canadian Revolving Commitments on the Closing Date is $40 million.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • 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.