Examples of Existing Revolving Lenders in a sentence
Concurrently with such grant, the participations in the Existing Letters of Credit granted to the Existing Revolving Lenders under the Credit Agreement shall be automatically canceled without further action by any of the parties thereto.
On the Fourth Amendment Effective Date, the Borrower, the Existing Revolving Lenders and the New Revolving Lenders agree that (1) the Total Revolving Commitments shall be $300,000,000, consisting of $296,400,000 of Extended Revolver Commitments and $3,600,000 of Non-Extended Revolver Commitments and (2) each New Revolving Lender shall become a Revolving Lender under the Credit Agreement (as amended hereby).
In consideration of such payments, the Existing Revolving Lenders shall deliver to Moses & Singer LLP, special counsel to JPMCB, on or prior to the Effective Date (or promptly thereafter), for delivery for cancellation to Kimco on or promptly after the Effective Date, all Existing Revolving Notes issued to them, if any, or written certification (together with customary indemnification provisions) that such Existing Revolving Notes are lost or cannot be located.
On the basis of management's best assessment of the likely outcome of these actions, expenses or judgments arising from any of these suits are not expected to have a material adverse effect on the Company's operations, financial position or cash flows.
All loans and other amounts owing to the Existing Revolving Lenders under the Existing Revolving Credit Agreement shall have been paid in full in accordance with clause (f) below.