Existing Revolving Credit definition

Existing Revolving Credit. Agreement is defined in the third recital. Existing Revolving Credit Borrowers is define in the third recital. Existing Term Loan Agreement is defined in the second recital.
Existing Revolving Credit. AGREEMENT shall mean that certain Revolving Credit Agreement dated July 13, 1995, by and among Borrower, the banks party thereto and Mercantile Bank National Association as agent for the banks, as amended by that certain First Amendment to Revolving Credit Agreement dated October 3, 1996, and that certain Second Amendment to Revolving Credit Agreement dated April 14, 1997.
Existing Revolving Credit is defined in the Introduction to this Agreement.

Examples of Existing Revolving Credit in a sentence

  • Any Extended Revolving Credit Commitments of any Extension Series shall constitute a separate Class of revolving credit commitments from the Specified Existing Revolving Credit Commitments and from any other Existing Revolving Credit Commitments (together with any other Extended Revolving Credit Commitments so established on such date).

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

  • Any Existing Revolving Credit Loans outstanding on the 2011 Extension Effective Date shall be continued as Revolving Credit Loans hereunder; provided that (x) the Existing Revolving Credit Loans of each 2013 Revolving Credit Lender will be reclassified as 2013 Revolving Credit Loans and (y) the Existing Revolving Credit Loans of each 2016 Revolving Credit Lender will be reclassified as 2016 Revolving Credit Loans hereunder.

  • The Existing Revolving Credit Loans of any Revolving Credit Lender having both a 2013 Revolving Credit Commitment and a 2016 Revolving Credit Commitment shall be so reclassified as 2013 Revolving Credit Loans and 2016 Revolving Credit Loans, respectively, in proportion to the relative amounts of such Revolving Credit Lender’s 2013 Revolving Credit Commitment and 2016 Revolving Credit Commitment, respectively.

  • Any Extended Revolving Credit Commitments of any Extension Series shall constitute a separate Class of revolving credit commitments from Existing Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Class and from any other Existing Revolving Credit Commitments (together with any other Extended Revolving Credit Commitments so established on such date).

  • The terms and conditions of the Existing Revolving Credit Agreement are amended as set forth herein, and restated in their entirety and superseded by, this Agreement.

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

  • On the First Restatement Effective Date, all Existing Swingline Loans shall be deemed to be repaid (other than for purposes of Section 2.16 of the Existing Revolving Credit Agreement) and reborrowed as Swingline Loans by the applicable Borrower Party.

  • No Lender shall have any obligation to agree to have any of its Revolving Credit Commitments of any Existing Revolving Credit Loan Facility converted into Extended Revolving Credit Commitments pursuant to any Extension Request or offer made pursuant to clause (e) below.

  • Nothing in this Agreement shall be deemed to work a novation of any of the obligations under the Existing Revolving Credit Agreement.


More Definitions of Existing Revolving Credit

Existing Revolving Credit. Commitments”) except as otherwise set forth in this Amendment. Notwithstanding anything to the contrary contained herein or in the Credit Agreement (as amended hereby), from and after the Amendment No. 4 Effective Date, the Existing Revolving Credit Commitments and the Incremental Revolving Credit Commitments shall constitute the Revolving Facility and a single borrowing of Revolving Credit Commitments for all purposes under the Credit Agreement (as amended hereby).
Existing Revolving Credit. AGREEMENT shall mean that certain Revolving Credit Agreement dated June 16, 1997, by and among Borrower, the banks party thereto and Mercantile Bank National Association (now known as Firstar Bank Missouri, National Association), as agent for the banks.
Existing Revolving Credit shall have the respective meanings ascribed thereto in the initial and introductory paragraph of this Agreement. Such terms, together with the other terms defined in Section 1.1, shall include both the singular and the plural forms thereof and shall be construed accordingly. Use of the terms "herein", "hereof", and "hereunder" shall be deemed references to this Agreement in its entirety and not to the Section or clause in which such term appears. References to "Sections" and "subsections" shall be to Sections and subsections, respectively, of this Agreement unless otherwise specifically provided.

Related to Existing Revolving Credit