Existing Class definition

Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

Existing Class means a Class of Existing Term Loans or a Class of Existing Revolving Credit Commitments.

Existing Class shall have the meaning provided in Section 2.17.

Examples of Existing Class in a sentence

• The “Pro Rata Share” of any Lender on the Applicable Date is the ratio of (1) the sum of such Lender’s Existing Class Loans immediately prior to the Applicable Date plus the amount of New Class Loans made by such Lender on the Applicable Date over (2) the aggregate principal amount of all Class Loans on the Applicable Date.

• Each Lender of an Existing Class that is requested to be extended shall be offered the opportunity to convert its Existing Class into the Extended Class on the same basis as each other Lender of such Existing Class.

• In the event that the aggregate portion of the Existing Class subject to Extension Elections exceeds the amount of the Extended Class requested pursuant to the Extension Request, the portion of the Existing Class converted shall be allocated on a pro rata basis based on the amount of the Existing Class included in each such Extension Election.

• No Lender shall have any obligation to agree to have any of its Loans or Commitments of any Existing Class converted into Extended Loans or Extended Commitments pursuant to any Extension Request.

• Any Lender (to the extent applicable, an “Extending Lender”) wishing to have all or a portion of its Existing Class subject to such Extension Request converted into an Extended Class shall notify the Administrative Agent (an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Existing Class subject to such Extension Request that it has elected to convert into an Extended Class.

More Definitions of Existing Class

Existing Class has the meaning provided in Section 2.16(a).

Existing Class as defined in Section 2.22(b)(ii).

Existing Class means each Class of Existing Revolving Commitments.

Existing Class has the meaning assigned to such term in Section 2.19(e).

Existing Class as defined in Section 2.1(h).

Existing Class means an Existing Term Loan Class or Existing Revolving Class, as applicable.

Existing Class means, at any time, a Class of Term B Loans, Class of Term B-1 Loans or a Class of Revolving Credit Loans existing at such time (not including any Class of Term B Loans, Class of Term B-1 Loans or Class of Revolving Credit Loans being made or established at such time).