Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.25 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
Domestic Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to make Revolving Credit Loans to the Borrowers pursuant to Section 2.01(b), and its agreement to continue its Existing Revolving Credit Loans as Revolving Credit Loans under this Agreement, in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment – Domestic Tranche” (or, in the case of any Extended Revolving Credit Commitment, under the caption reflecting such Revolving Extension Series) 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 or as amended from time to time pursuant to this Agreement (including in connection with any Revolving Extension Amendment). All Domestic Revolving Credit Commitments are part of, and not in addition to, the Revolving Credit Commitments. As of the Closing Date, the aggregate amount of the Domestic Revolving Credit Commitments is $300,000,000.
Examples of Domestic Revolving Credit Commitment in a sentence
On the date on which such conversion is being made each Domestic Lender shall take such action as is necessary to transfer its Domestic Revolving Credit Commitment Percentage of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be.
The Agent may unless notified to the contrary by any Domestic Lender prior to a Drawdown Date, assume that such Domestic Lender has made available to the Agent on such Drawdown Date the amount of such Lender's Domestic Revolving Credit Commitment Percentage of the Domestic Revolving Credit Loans to be made on such Drawdown Date, and the Agent may (but it shall not be required to), in reliance upon such assumption, make available to the Domestic Borrowers a corresponding amount.
NationsBank shall not be required to issue any Letter of Credit if Total Domestic Utilization when added to the face amount of any requested Domestic Letter of Credit exceeds the Total Domestic Revolving Credit Commitment.
The Domestic Revolving Credit Loans shall be made pro rata in accordance with each Domestic Lender's Domestic Revolving Credit Commitment Percentage.
The Domestic Borrowers shall prepay the outstanding principal amount of the Domestic Revolving Credit Loans, Canadian Revolving Credit Loans and Swing Line Loans on any date on which Domestic Revolving Credit Exposure (after giving effect to any other repayments or prepayments on such day) exceeds either the Domestic Borrowing Base or the Domestic Revolving Credit Commitment then in effect in the amount of such excess.
More Definitions of Domestic Revolving Credit Commitment
Domestic Revolving Credit Commitment means, at any time for any Domestic Revolving Lender, the commitment of such Domestic Revolving Lender established pursuant to Section 2.01 and 2.02 to make Domestic Revolving Loans to the Domestic Borrower and to purchase participations in the Domestic L/Cs, and the Domestic Swingline Loans.
Domestic Revolving Credit Commitment means, at any time, the Total Revolving Credit Commitment at such time, MINUS the Dollar Equivalent of the aggregate amount available to be drawn under the Canadian Letter of Credit.
Domestic Revolving Credit Commitment as to any Domestic Lender, the obligation of such Domestic Lender to make Domestic Revolving Credit Loans and to participate in Domestic Swing Line Loans made to, and to participate in Letters of Credit issued for the account of, the Company hereunder in an aggregate principal and/or face amount at any one time outstanding not to exceed the amount set forth opposite such Domestic Lender's name on Schedule I under the heading "Domestic Revolving Credit Commitments", as such amount may be reduced from time to time in accordance with the provisions of this Agreement.
Domestic Revolving Credit Commitment as to any Lender, the obligation of such Lender to make Domestic Revolving Credit Loans to the Company hereunder and to participate in Domestic Swing Line Loans made to, and Domestic L/C Guaranties issued for the account of, the Company in an aggregate principal amount at any one time outstanding not to exceed the amount set forth below such Lender's name on the signature pages hereto next to the heading "Domestic Revolving Credit Commitment," as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement. The Domestic Revolving Credit Commitments of all the Lenders shall not exceed $70,000,000, as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement.
Domestic Revolving Credit Commitment means with respect to each Multicurrency Facilities Lender, the obligation of such Lender to make Loans to the Multicurrency Facilities Borrowers up to an aggregate principal amount at any one time outstanding equal to the product of the percentage set forth in Exhibit A opposite such Lender's name times the Total Domestic Revolving Credit Commitment as the same may be increased or decreased from time to time pursuant to this Agreement;
Domestic Revolving Credit Commitment means, with respect to each Domestic Revolving Credit Lender, the commitment of such Domestic Revolving Credit Lender to make Domestic Revolving Loans and to acquire participations in Domestic L/C Disbursements and Swingline Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Domestic Revolving Credit Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Domestic Revolving Credit Lender pursuant to Section 9.04. The aggregate principal amount of the Domestic Revolving Credit Commitments on the Restatement Closing Date is $250,000,000.
Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans and to acquire participations in Domestic L/C Disbursements and Swingline Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The aggregate principal amount of the Domestic Revolving Credit Commitments on the Closing Date is $500,000,000.