Domestic Revolving Lender definition

Domestic Revolving Lender a Lender with a Domestic Revolving Commitment or with Domestic Revolving Exposure.
Domestic Revolving Lender means a Lender with a Domestic Revolving Commitment or with Domestic Revolving Exposure.
Domestic Revolving Lender means any Lender which has a Domestic Revolving Commitment or is owed a Domestic Revolving Loan (or a portion thereof).

Examples of Domestic Revolving Lender in a sentence

  • PRA shall pay to the Administrative Agent for the account of each Domestic Revolving Lender in accordance with its Applicable Percentage in Dollars a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the Dollar Equivalent of the daily maximum amount available to be drawn under such Letter of Credit.

  • Until each Domestic Revolving Lender funds its Domestic Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.

  • Upon any reduction of the Aggregate Domestic Revolving Commitments, the Domestic Revolving Commitment of each Domestic Revolving Lender shall be reduced by such Lender’s Applicable Percentage of such reduction amount.

  • Immediately upon the making of a Swing Line Loan, each Domestic Revolving Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Domestic Revolving Lender’s Applicable Percentage times the amount of such Swing Line Loan.

  • Each Domestic Revolving Lender and PRA agree that, in paying any drawing under a Letter of Credit, the applicable L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by such Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document.


More Definitions of Domestic Revolving Lender

Domestic Revolving Lender means each Lender with a Domestic Revolving Commitment.
Domestic Revolving Lender means, at any time, (a) so long as any Domestic Revolving Commitment is in effect, any Lender that has a Domestic Revolving Commitment at such time or (b) if the Domestic Revolving Commitments have terminated or expired, any Lender that has a Domestic Revolving Loan or a participation in L/C Obligations or Swing Line Loans at such time.
Domestic Revolving Lender means any Lender which has a Domestic Revolving Commitment or is owed a Domestic Revolving Loan (or a portion thereof). "Domestic Revolving Loan" and "Domestic Revolving Loans" have the meanings given in Section 2.1(b)(i).
Domestic Revolving Lender means each Lender with a Domestic Revolving Commitment. “Domestic Revolving Loan” has the meaning specified in Section 2.01(a).
Domestic Revolving Lender means each Lender with a Domestic Revolving Commitment or, if the Domestic Revolving Commitments have terminated or expired, a Lender with Domestic Revolving Exposure. “Domestic Revolving Loans” means the Loans extended by the Domestic Revolving Lenders to the Company pursuant to Section 2.01(a). “Domestic Security Agreement” means, collectively, that certain Second Amended and Restated Security Agreement of even date herewith, among the Domestic Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the Lenders, as the same may be amended, restated or otherwise modified from time to time hereafter. “Domestic Standby LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding standby Domestic Letters of Credit at such time plus (b) the aggregate amount of all Domestic LC Disbursements relating to standby Domestic Letters of Credit that have not yet been reimbursed by or on behalf of the Company at such time. The Domestic Standby LC Exposure of any Domestic Revolving Lender at any time shall be its Applicable Percentage of the total Domestic Standby LC Exposure at such time. “Domestic Subsidiary” means each direct or indirect Subsidiary of the Company that is organized under the laws of the United States of America or any state, protectorate or territory of the United States of America. “Domestic Swingline Lender” means JPMorgan Chase Bank, N.A., in its capacity as lender of Domestic Swingline Loans hereunder. “Domestic Swingline Loan” has the meaning assigned to such term in Section 2.05(a). “DSCR Availability Amount” means an amount at any time equal to the sum of (a) $35,000,000 plus (b) 17.5% of the aggregate increases of the Domestic Revolving Commitment effected as of such time pursuant to Section 2.09(d). “Effective Date” means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02). “Eligible Accounts” means, at any time, the Accounts (other than Export-Related Accounts) of a Domestic Loan Party or a Canadian Loan Party, as applicable, which the Administrative Agent determines in its Permitted Discretion are eligible as the basis for the extension of Domestic Revolving Loans, Domestic Swingline Loans, Canadian Revolving Loans and Canadian Swingline Loans and the issuance of Domestic Letters of Credit and Canadian Letters of Credit hereunder. Without limiting the Administrative Agent’s discretion provided herein, Eligib...
Domestic Revolving Lender means each Lender identified in Schedule 1.01A as having a Domestic Revolving Commitment and each Eligible Assignee which acquires a Domestic Revolving Commitment and/or Domestic Revolving Loan pursuant to Section 10.06(b) and their respective successors.
Domestic Revolving Lender means, as of any date of determination, a Lender holding a Domestic Revolving Commitment or a Domestic Revolving Loan.