Extending Revolving Credit Lenders definition

Extending Revolving Credit Lenders shall have the meaning set forth in Section 2.28.
Extending Revolving Credit Lenders means those Lenders under the Credit Agreement immediately prior to the Restatement Date that execute and deliver a signature page to the Amendment Agreement specifically in the capacity of an Extending Revolving Credit Lender.
Extending Revolving Credit Lenders is defined in Section 2.17.

Examples of Extending Revolving Credit Lenders in a sentence

  • For purposes of determining withholding Taxes imposed under FATCA, from and after the Effective Date, the Borrower and the Administrative Agent shall treat (and the Extending Revolving Credit Lenders and the Incremental Revolving Credit Lenders hereby authorize the Administrative Agent to treat) the Extended Revolving Credit Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

  • The Extending Revolving Credit Lenders shall promptly notify the Administrative Agent as to the effectiveness of each such Extension Amendment.

  • Upon the foregoing repayment to the Non-Extending Revolving Credit Lenders, the Agent shall distribute to the Extending Revolving Credit Lenders and the Borrowers a revised Annex II (giving effect to the new Percentages resulting therefrom and from any assignments relating thereto), and all outstanding Advances of the Revolving Credit (if any) shall be reallocated among the Extending Revolving Credit Lenders based on such new Percentages.

  • Furthermore, such repayments and terminations required to be made to the Non-Extending Revolving Credit Lenders on the Non-Extended Revolving Credit Maturity Date shall not be subject to the pro rata sharing provisions of this Agreement (vis-à-vis) the Extending Revolving Credit Lenders, including without limitation Sections 10.1(a) and 10.3 hereof, unless the Revolving Credit Maturity Date for all of the Revolving Credit Lenders has occurred on or before such date.

  • The 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 the Borrower and the relevant Additional Revolving Credit Lenders or relevant Extending Revolving Credit Lenders, as applicable.

  • Extending Revolving Credit Lenders and Non-Extending Term Loan Lenders.

  • All staff (including supply staff, volunteers and governors) must ensure that they are aware of these procedures.

  • If such conditions precedent are not satisfied on October 5, 2012 or to the extent the participations in the outstanding Letters of Credit of the Non-Extending Revolving Credit Lenders cannot be fully reallocated to the Extending Revolving Credit Lenders, the participations of the Non-Extending Revolving Credit Lenders in the outstanding Letters of Credit shall be cash collateralized by the Borrower.

  • Any accrued and unpaid interest on Revolving Credit Loans outstanding immediately prior to the Sixth Amendment Effective Date, accrued to, but not including, the Sixth Amendment Effective Date, shall be paid in full in cash on the Sixth Amendment Effective Date (the “Interest Prepayment”), it being understood and agreed that interest shall accrue for the account of the Extending Revolving Credit Lenders from and after the Sixth Amendment Effective Date.

  • Borrower may, by written notice to Administrative Agent (who shall promptly notify the 20232024 Extending Revolving Credit Lenders) not earlier than 120 days and not later than 30 days prior to each annual anniversary of the Second Amendment Effective Date, request that the then-existing Maturity Date be extended for an additional one year; provided, however, that any such request may be made only once during each such 90-day period.


More Definitions of Extending Revolving Credit Lenders

Extending Revolving Credit Lenders the Lenders with Revolving Credit Commitments that consent to the Third Amendment in accordance with the terms thereof.

Related to Extending Revolving Credit Lenders

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Credit Lenders means, collectively, all of the Lenders with a Revolving Credit Commitment.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • New Revolving Lender as defined in Section 2.24.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Extending Lenders has the meaning specified in Section 2.08.