Examples of Domestic Revolving Committed Amount in a sentence
If on any date the aggregate Domestic Revolving Outstandings exceed the Domestic Revolving Committed Amount, the Borrower shall repay, and there shall become due and payable (together with accrued interest thereon), on such date an aggregate principal amount of Domestic Revolving Loans equal to excess.
Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, the unutilized portion of the Aggregate Domestic Revolving Committed Amount or the conditions set forth in Section 5.02.
In such event, the Domestic Borrower shall be deemed to have requested a Borrowing of Base Rate Loans to be disbursed on the Domestic L/C Honor Date in an amount equal to the Domestic L/C Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, the amount of the unutilized portion of the Aggregate Domestic Revolving Committed Amount or the conditions set forth in Section 5.02.
Each Revolving Loan advance shall be in a minimum principal amount of US$1,000,000, in the case of Eurodollar Loans, or US$1,000,000 (or, if less, the remaining Aggregate Canadian Revolving Committed Amount in the case of Canadian Revolving Loans, or the Aggregate Domestic Revolving Committed Amount in the case of Domestic Revolving Loans), in the case of Base Rate Loans, and integral multiples of US$250,000 in excess thereof.
The Borrower shall pay to the Administrative Agent for the account of the Lenders in accordance with the terms of Section 2.11, on the date of each termination or reduction of the Domestic Revolving Committed Amount and/or the Multi-Currency Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Domestic Revolving Committed Amount, and/or the Multi-Currency Revolving Committed Amount so terminated or reduced.
For purposes of computation of the Domestic Commitment Fee, (A) Swingline Loans shall not be counted toward or considered usage of the Aggregate Domestic Revolving Committed Amount and (B) LOC Obligations shall be counted toward and considered usage of the Aggregate Domestic Revolving Committed Amount.
If the outstanding Domestic Revolving Loans have been repaid in full, the Borrower shall Cash Collateralize Revolving LC Obligations so that, after giving effect to the repayment of Domestic Revolving Loans and the Cash Collateralization of such Revolving LC Obligations pursuant to this subsection (i), the aggregate Domestic Revolving Outstandings do not exceed the Domestic Revolving Committed Amount.
In consideration of the Domestic Revolving Commitments, the Domestic Borrower agrees to pay to the Domestic Administrative Agent for the ratable benefit of the Domestic Lenders a commitment fee (the "Domestic Commitment Fee") equal to the Applicable Percentage per annum on the average daily unused amount of the Aggregate Domestic Revolving Committed Amount for the applicable period.
Any partial reduction of the Domestic Revolving Committed Amount, and/or the Multi-Currency Revolving Committed Amount pursuant to this Section 2.10(a) shall be applied to the Revolving Commitments of the Lenders of the applicable Class pro-rata based upon their respective Domestic Revolving Commitment Percentages or Multi-Currency Revolving Commitment Percentages, as applicable.
If the outstanding Domestic Revolving Loans have been repaid in full, the Borrower shall Cash Collateralize LC Obligations so that, after giving effect to the repayment of Domestic Revolving Loans and the Cash Collateralization of LC Obligations pursuant to this subsection (i), the aggregate Domestic Revolving Outstandings do not exceed the Domestic Revolving Committed Amount.