Existing Revolving Facilities means (a) the revolving facility under the Credit Agreement dated as of March 26, 2015, among the Borrower, Bank of America, N.A., as administrative agent and the other lenders party thereto and (b) the revolving facility under the Credit Agreement dated as of November 21, 2017, among the Borrower, Bank of America, N.A., as administrative agent and the other lenders party thereto.

Existing Revolving Facilities means the Revolving Credit Facilities under the Original Credit Agreement on the Amendment Effective Date (but immediately prior to giving effect to this agreement).

Existing Revolving Facilities means, individually and collectively, each of the Existing Ninth Amended Agreement and the Existing Fourth Amended Agreement.

Examples of Existing Revolving Facilities in a sentence

The Borrower intends to repay the principal, accrued and unpaid interest, fees, premium, if any, and other amounts, under the Existing Revolving Facilities, terminate all commitments thereunder and have all guarantees released (the “Refinancing”).
Use the proceeds of the Tranche A Term Loans, the Tranche B Term Loans and the New Revolving Loans made at the Effective Funding Time solely to repay all obligations outstanding at the Effective Funding Time in respect of the Tranche A-1 Term Loans, the Tranche D-1 Term Loans, the Tranche D-2 Term Loans, the Existing Revolving Facilities and the Swingline Loans, and to pay fees and expenses in connection with the Restatement Transactions.
Notwithstanding the foregoing, if the Borrower does not elect a “material acquisition” step up in the financial covenant levels set forth in any of the Existing Revolving Facilities, the Financial Covenant Threshold shall automatically be deemed amended to match any lower Financial Covenant Threshold in any Existing Revolving Credit Facility (notwithstanding anything to the contrary in Section 10.01).
Use the proceeds of the Tranche A-1 Term Loans, the Tranche B-1 Term Loans and the Revolving Loans made at the Effective Funding Time solely to repay all obligations outstanding at the Effective Funding Time in respect of the Tranche A Term Loans, the Tranche B Term Loans, the Tranche B-2 Term Loans, the Tranche E Term Loans, the Existing Revolving Facilities and the Swingline Loans, and to pay fees and expenses in connection with the Restatement Transactions.
The Lender Parties agree that the provisions of Section 9.11 of the Existing Revolving Facilities apply to any information made available to them in connection with this Commitment Letter or any of the transactions contemplated hereby.

More Definitions of Existing Revolving Facilities

Existing Revolving Facilities means the Five-Year Facility and the 364 Day Facility.

Related to Existing Revolving Facilities

Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).
Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).
Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.
Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).
Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.
Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.
Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.
Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.
Existing Revolver Tranche has the meaning set forth in Section 2.16(b).
Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).
Extended Revolving Commitments has the meaning specified in Section 2.16(2).
Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).
Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).
Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.
Refinancing Revolving Credit Commitments has the meaning specified in Section 2.15(a).
Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

Existing Revolving Facilities definition

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Related Definitions

Related to Existing Revolving Facilities