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 $1,845,700,0001,995,700,000 on the Amendment No. 910 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
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.
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

Examples of Class C Revolving Commitment in a sentence

  • During the Class C Revolving Commitment Period, the Borrower may use the Class C Revolving Commitments by borrowing, prepaying the Class C Revolving Loans in whole or in part, and reborrowing, all in the accordance with the terms and conditions hereof.

  • The amount of each Class C Lender’s Class C Revolving Loans and Class C Revolving Commitment on the Amendment No. 6 Effective Date shall be equal to the amount reflected on the Register on the Amendment No. 6 Effective Date, which amount shall be conclusive absent manifest error.

  • 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.