Existing Revolving Lender definition

Existing Revolving Lender means those Lenders holding an Initial Revolving Commitment immediately prior to the Second Amendment Closing Date.

Existing Revolving Lender a “Revolving Lender” under the Existing Credit Agreement.

Existing Revolving Lender a “Revolving Lender” under the Existing Credit Agreement on the Restatement Date.

Examples of Existing Revolving Lender in a sentence

• Each Existing Revolving Lender executing and delivering a Revolving Lender Consent hereby consents and agrees to this Amendment.

• Notwithstanding the foregoing, the provisions of the Credit Agreement with respect to indemnification, reimbursement of costs and expenses, increased costs and break funding payments shall continue in full force and effect with respect to, and for the benefit of, each Existing Term Lender in respect of such Lender’s Existing Term Loans and each Existing Revolving Lender in respect of such Lender’s Existing Revolving Commitments and Existing Revolving Loans.

• Each such Consenting Existing Revolving Lender shall, on the Third Restatement Date be paid by the Borrowers an amount equal to the outstanding fees due on their outstanding Revolving Credit Commitments.

• Notwithstanding the foregoing, the provisions of the Credit Agreement with respect to indemnification, reimbursement of costs and expenses and increased costs shall continue in full force and effect with respect to, and for the benefit of, each Existing Term Lender in respect of such Lender’s Existing Term Loans and each Existing Revolving Lender in respect of such Lender’s Existing Revolving Commitments and Existing Revolving Loans.

• With respect to each Existing Term Lender or Existing Revolving Lender that has not consented to, and joined in, this Amendment (each a “Non-Extending Lender”), the Borrower hereby exercises its right under Section 14.7(c) to replace such Non-Extending Lender by requiring such Non-Extending Lender to assign its Loans and its Commitments to one or more assignees reasonably acceptable to the Administrative Agent.

More Definitions of Existing Revolving Lender

Existing Revolving Lender means any Lender that becomes a party to the Revolving Credit Agreement.

Existing Revolving Lender means each Revolving Lender which is a “Revolving Lender” under, and as defined in, the Existing Credit Agreement.

Existing Revolving Lender means a Lender holding an Existing Revolving Commitment immediately prior to the Amendment No. 6 Effective Date.

Existing Revolving Lender each Lender (as defined in the Existing Credit Agreement) that has an Existing Revolving Commitment or that holds Existing Revolving Loans, in each case, on the Restatement Date (immediately prior to giving effect to this Agreement and the consummation of the Transactions).

Existing Revolving Lender each Lender that has an Existing Revolving Commitment or that holds Existing Revolving Loans.

Existing Revolving Lender each lender under the Existing Revolving Credit Agreement immediately prior to the effectiveness of the amendment and restatement contemplated hereby.

Existing Revolving Lender means Lenders holding Existing Revolving Commitments.