Existing Revolving Credit Loans definition

Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).
Existing Revolving Credit Loans means “Revolving Credit Loans” under and as defined in the Existing Credit Agreement.
Existing Revolving Credit Loans each Existing Revolving Credit Commitment and related Existing Revolving Credit Loans together being referred to as an “Existing Revolving Credit Class”) be converted to extend the termination date thereof and the scheduled maturity date(s) of any payment of principal with respect to all or a portion of any principal amount of Revolving Loans related to such Existing Revolving Credit Commitments (any such Existing Revolving Credit Commitments which have been so extended, “Extended Revolving Credit Commitments” and any related Revolving Loans, “Extended Revolving Credit Loans”) and to provide for other terms consistent with this Section 2.14(g). In order to establish any Extended Revolving Credit Commitments, the Borrower shall provide a notice to the Administrative Agent (who shall provide a copy of such notice to each of the Lenders of the applicable Class of Existing Revolving Credit Commitments which such request shall be offered equally to all such Lenders) (a “Revolving Credit Loan Extension Request” and, together with a Term Loan Extension Request, an “Extension Request”) setting forth the proposed terms of the Extended Revolving Credit Commitments to be established, which shall not be materially more restrictive to the Credit Parties (as determined in good faith by the Borrower), when taken as a whole, than the terms of the applicable Existing Revolving Credit Commitments (the “Specified Existing Revolving Credit Commitment”) unless (x) the Lenders providing Existing Revolving Credit Commitments receive the benefit of such more restrictive terms or (y) any such provisions apply after the latest maturity date of any Revolving Credit Commitments then outstanding under this Agreement, in each case, to the extent provided in the applicable Extension Amendment; provided, however, that (w) all or any of the final maturity dates of such Extended Revolving Credit Commitments may be delayed to later dates than the final maturity dates of the Specified Existing Revolving Credit Commitments, (x) (A) the interest margins and floors with respect to the Extended Revolving Credit Commitments may be higher or lower than the interest margins and floors for the Specified Existing Revolving Credit Commitments and/or (B) additional fees and premiums may be payable to the Lenders providing such Extended Revolving Credit Commitments in addition to or in lieu of any increased margins and floors contemplated by the preceding clause (A) and (y) the commitment fee rate with ...

Examples of Existing Revolving Credit Loans in a sentence

  • OPTION B – CONSENT TO AMENDMENT: FORMCHECKBOX Consent to the Amendment and the Amended Credit Agreement, but does not consent to the continuing any of its Existing Revolving Credit Loans or Existing Revolving Credit Commitments as Revolving Credit Loans and Revolving Credit Commitments, respectively (each as defined under the Amended Credit Agreement).

  • For the avoidance of doubt, no additional notice is required for (i) the continuation of the Existing Outstanding Term Loans on the Closing Date or (ii) the conversion of the Existing Converted Loans on the Closing Date from Existing Revolving Credit Loans to Term Loans.


More Definitions of Existing Revolving Credit Loans

Existing Revolving Credit Loans has the meaning assigned thereto in Section 5.16(b).
Existing Revolving Credit Loans shall have the meaning as defined in Section 2.27(a).
Existing Revolving Credit Loans means the “Revolving Credit Loans” outstanding immediately prior to the Amendment No. 5 Effective Date.
Existing Revolving Credit Loans. Revolving Credit Loans” outstanding under the Previous Credit Agreement immediately prior to the Closing Date.
Existing Revolving Credit Loans means the outstanding “Revolving Credit Loans” under and as defined in the Existing Credit Agreement.
Existing Revolving Credit Loans as defined in the recitals hereto.