Examples of Closing Date Revolving Commitments in a sentence
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.
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.
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.
Closing Date Revolving Commitments Lender Name Revolving Commitments Percentage Xxxxxxx Sachs Bank USA $ 16,000,000.00 9.756 JPMorgan Chase Bank, N.A. $ 91,000,000.00 55.488 Barclays Bank PLC $ 57,000,000.00 34.756 Total $ 164,000,000.00 100 L/C Commitment Lender Name L/C Commitments Percentage Xxxxxx Xxxxxxx Senior Funding, Inc.
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.
The 2019 Increase Revolving Commitments shall have the same terms as the Closing Date Revolving Commitments.
The 2021 Incremental Revolving Loan Commitments shall terminate on the R/C Maturity Date for the Closing Date 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 existing Closing Date Revolving Commitments that are not Extending Revolving Commitments shall retain their existing terms and conditions except as expressly provided in this Fifth Amendment and the Amended Credit Agreement.
Revolving Commitments shall be made on a pro rata basis as between the Closing Date Revolving Commitments and the 2021 Revolving Commitments.