Examples of Closing Date Revolving Commitments in a sentence
The Incremental Existing Tranche Revolving Loans borrowed under the Incremental Existing Tranche Revolving Commitments shall be part of the same Tranche of Loans as the Revolving Loans incurred pursuant the Closing Date Revolving Commitments and shall be repaid in accordance with Section 3.01(a) of the Credit Agreement.
Upon execution and delivery hereof, Administrative Agent will revise the Register to reflect the modification of Closing Date Revolving Commitments and Revolving Loans with respect thereto into Extended Revolving Commitments and Extended Revolving Loans as provided herein.
Upon the effectiveness hereof, the Closing Date Revolving Commitments and Revolving Loans with respect thereto of each Revolving Lender executing this Agreement (each an “Extending Revolving Lender”), in the amounts specified on Schedule D hereto, shall be modified into a new Tranche of Revolving Commitments (the “Extended Revolving Commitments”) and a new Tranche of Revolving Loans (the “Extended Revolving Loans”), respectively.
Except as set forth below or in the Amended Credit Agreement, the Extended Revolving Commitments and Extended Revolving Loans shall have all of the same terms as the Closing Date Revolving Commitments and Revolving Loans with respect thereto, as applicable, from which they were modified.
The Fourth Amendment Increase Revolving Commitments and the Revolving Loans made thereunder shall be subject to the provisions of the Amended Credit Agreement and the other Loan Documents and shall be on terms and conditions identical to the existing Closing Date Revolving Commitments and the Revolving Loans made thereunder, respectively, including, without limitation, the “Applicable Rate” and “Maturity Date” applicable thereto (in each case, as defined in, and modified by, the Amended Credit Agreement).
The Incremental Existing Tranche Revolving Commitments and Incremental Existing Tranche Revolving Loans shall be subject to the provisions of the Credit Agreement and the other Credit Documents and shall be on terms and conditions identical to the Closing Date Revolving Commitments and the Revolving Loans incurred pursuant to the Closing Date Revolving Commitments, respectively, in each case, under the Credit Agreement immediately after the effectiveness of the provisions of Article II hereof.
Revolving Commitments shall be made on a pro rata basis as between the Closing Date Revolving Commitments and the 2021 Revolving Commitments.
Each 2021 Incremental Revolving Facility Lender hereby agrees, severally and not jointly, to make Revolving Loans to the Borrower under the 2021 Incremental Revolving Loan Commitments from time to time in accordance with the Credit Agreement in the amount of its 2021 Incremental Revolving Loan Commitment, which Revolving Loans shall have the same terms and conditions as the Revolving Loans made under the Closing Date Revolving Commitments.
The 2019 Increase Revolving Commitments shall have the same terms as the Closing Date Revolving Commitments.
Without limiting the foregoing, and for the avoidance of doubt, each Term A Lender party hereto and each Revolving Lender party hereto hereby consents and agrees to the amendment, extension and modification of its Term A Loans and Closing Date Revolving Commitments (and Revolving Loans thereunder), respectively, on the terms set forth in the Amended Credit Agreement.