Examples of Extended Revolving Credit Lenders in a sentence
On and after the 2022 Non-Extended Revolving Credit Maturity Date, the 2022 Extended Revolving Credit Lenders will be required, in accordance with their Revolving Credit Commitment Percentage, to fund Revolving Credit Loans and Revolving L/C Borrowings in respect of Unpaid Drawings arising on or after such date; provided that the Revolving Credit Exposure of each 2022 Extended Revolving Credit Lender does not exceed its 2022 Extended Revolving Credit Commitment.
The Borrower agrees to pay to the Extended Revolving Credit Lenders on demand any and all amounts required pursuant to Section 4.5 resulting from any such assignment of Extended Revolving Credit Outstandings.
The Borrowers hereby grant to the Administrative Agent, for the benefit of the L/C Issuers and the Extended Revolving Credit Lenders, a security interest in all such cash, deposit accounts and all balances therein and all proceeds of the foregoing.
The Administrative Agent shall notify the Extended Revolving Credit Lenders of any such additional L/C Issuer.
For purposes hereof, “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the relevant L/C Issuer and the Extended Revolving Credit Lenders, as collateral for the L/C Obligations, cash or deposit account balances (“Cash Collateral”) pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the relevant L/C Issuer (which documents are hereby consented to by the Lenders).
Section 3.1. Each Extended Revolving Credit Lender that submits an executed counterpart hereto acknowledges and agrees that in the absence of a change to the terms and conditions of this Amendment (including Exhibit A hereto), in each case that is (x) materially adverse to the Extended Revolving Credit Lenders and (y) made after the submission of such executed counterpart, such submission is irrevocable.
The relevant Borrower shall repay the aggregate amount of any Additional Revolving Credit Loans or Extended Revolving Credit Loans to the Administrative Agent on the maturity date to be agreed by such Borrower and the relevant Additional Revolving Credit Lenders or relevant Extended Revolving Credit Lenders, as applicable.
Upon the effectiveness of this Amendment, and without any further action of any party hereto, the Extended Revolving Credit Commitments in effect immediately prior to the Amendment No. 3 Effective Date will be reduced to $650,000,000 in the aggregate with such reduction applied on a ratable basis among the Extended Revolving Credit Lenders.
The relevant Borrower shall repay the aggregate amount of any Additional Revolving Credit Loans or Extended Revolving Credit Loans to the Administrative Agent on the maturity date to be agreed by suchthe Borrower and the relevant Additional Revolving Credit Lenders or relevant Extended Revolving Credit Lenders, as applicable.
The Borrowers, the Guarantors, the Administrative Agent and the 2021 Extended Revolving Credit Lenders agreed to amend and restate in its entirety the Original Credit Agreement pursuant to a certain Amended and Restated Credit Agreement, dated as of March 22, 2021, under which, among other things, the 2021 Extended Revolving Credit Lenders agreed to extend credit to the Initial Borrower in the form of 2021 Extended Revolving Credit Commitments in an aggregate principal amount equal to $167,500,000.