Extended Revolving Tranche definition

Extended Revolving Tranche has the meaning specified in Section 2.19(a).

Extended Revolving Tranche as defined in subsection 2.5(a).

Extended Revolving Tranche as applicable, and each an “Extended Tranche”, and the Term Loans or Revolving Credit Commitments, as applicable, of such Extended Tranches, the “Extended Term Loans” or “Extended Revolving Commitments”, as applicable, and collectively, the “Extended Loans”) and to provide for other terms consistent with this Section 2.22; provided that (i) any such request shall be made by Borrower to all Lenders with Term Loans or Revolving Credit Commitments, as applicable, with a like maturity date (whether under one or more Tranches) on a pro rata basis (based on the aggregate outstanding principal amount of the applicable Term Loans or on the aggregate Revolving Credit Commitments) and (ii) any applicable Minimum Extension Condition shall be satisfied unless waived by Borrower. In order to establish any Extended Tranche, 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 Existing Tranche) (an “Extension Request”) setting forth the proposed terms of the Extended Tranche to be established, which terms shall be substantially similar to those applicable to the Existing Tranche from which they are to be extended (the “Specified Existing Tranche”), except (x) all or any of the final maturity dates of such Extended Tranches may be delayed to later dates than the final maturity dates of the Specified Existing Tranche, (y) (A) the interest margins with respect to the Extended Tranche may be higher or lower than the interest margins for the Specified Existing Tranche and/or (B) additional fees may be payable to the Lenders providing such Extended Tranche in addition to or in lieu of any increased margins contemplated by the preceding clause (A) and (z) in the case of an Extended Term Tranche, so long as the weighted average life to maturity of such Extended Term Tranche would be no shorter than the remaining weighted average life to maturity of the Specified Existing Tranche, amortization rates with respect to the Extended Term Tranche may be higher or lower than the amortization rates for the Specified Existing Tranche, in each case to the extent provided in the applicable Extension Amendment; provided that, notwithstanding anything to the contrary in this Section 2.22 or otherwise, assignments and participations of Extended Tranches shall be governed by the same or, at Borrower’s discretion, more restrictive assignment and participation provisions than the assignment and participation ...

Examples of Extended Revolving Tranche in a sentence

• Any Lender (an “Extending Lender”) wishing to have all or a portion of its Specified Existing Tranche converted into an Extended Revolving Tranche shall notify the Administrative Agent (each, an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Specified Existing Tranche that it has elected to convert into an Extended Revolving Tranche.

• Any Extended Revolving Tranche shall constitute a separate Tranche of Loans from the Specified Existing Tranches and from any other Existing Revolving Tranches (and any other Extended Revolving Tranches so established on such date).

• Notwithstanding any other provision of this Agreement (i) the Revolving Commitments shall be reduced and otherwise adjusted in connection with the Fourth Amendment and (ii) except as otherwise provided in clause (i) above, each reduction of the Total Revolving Commitment prior to the Non-Extended Termination Date shall be made ratably between the Extended Revolving Tranche and the Non-Extended Revolving Tranche.

• For the avoidance of doubt, the Extended Revolving Facility shall be an Extended Revolving Tranche and this Amendment an Extension Amendment for the purposes of Section 2.26 of the Existing Credit Agreement.

More Definitions of Extended Revolving Tranche

Extended Revolving Tranche means the Extended Revolving Commitments and the extensions of credit thereunder.

Extended Revolving Tranche has the meaning specified in Section 2.19(a). “Extended Term Loans” has the meaning specified in Section 2.19(a). “Extended Term Tranche” has the meaning specified in Section 2.19(a). “Extended Tranche” has the meaning specified in Section 2.19(a). “Extending Lender” has the meaning specified in Section 2.19(b). “Extension” has the meaning specified in Section 2.19(b).

Extended Revolving Tranche as defined in Section 2.10(a). “Extended Term Loans”: as defined in Section 2.10(a).

Extended Revolving Tranche has the meaning specified in Section 2.19(a). “Extended SEC Reporting Deadline” has the meaning specified in Section 6.01.

Extended Revolving Tranche as defined in Section 2.26(a). “Extended Term Loans”: as defined in Section 2.26(a). “Extended Term Tranche”: as defined in Section 2.26(a). “Extended Tranche”: as defined in Section 2.26(a). “Extending Lender”: as defined in Section 2.26(b). “Extension”: as defined in Section 2.26(b). “Extension Amendment”: as defined in Section 2.26(c). “Extension Date”: as defined in Section 2.26(d). 21 [[6103614]]

Extended Revolving Tranche has the meaning specified in Section 2.19(a). "Extended Term Loans" has the meaning specified in Section 2.19(a).