Examples of Extending Revolving Credit Lenders in a sentence
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.
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.
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 Revolving Credit Loans will be made by Revolving Credit Lenders (including both Extending Revolving Credit Lenders and Non-Extending Revolving Credit Lenders) in accordance with their Pro Rata Shares (acting as a single Class) until the Maturity Date with respect to the Non-Extended Revolving Credit Commitments; thereafter, all Revolving Credit Loans will be made by the Extending Revolving Credit Lenders in accordance with their Pro Rata Shares.
To the extent an extension fee is agreed among the Borrower, the Administrative Agent and the Extending Revolving Credit Lenders, the Borrower shall pay such extension fee to the Extending Revolving Credit Lenders, payable on the Extension Date.
The execution and delivery of this Sixth Amendment by the Extending Revolving Credit Lenders, Issuing Lenders and the Swingline Lender shall conclusively be deemed to constitute an acknowledgement by the Administrative Agent, the Extending Revolving Credit Lenders, the Issuing Lenders and the Swingline Lender that each of the conditions precedent set forth in this Section 3 shall have been satisfied in accordance with its respective terms or shall have been irrevocably waived by such Person.
For the avoidance of doubt, all Revolving Credit Loans will be made by the Revolving Credit Lenders (including both 2018 Extending Revolving Credit Lenders and Non-Extending Revolving Credit Lenders) in accordance with their Pro Rata Shares (acting as a single Class) until the Maturity Date with respect to the Non-Extended Revolving Credit Commitments; thereafter, all Revolving Credit Loans will be made by the 2018 Extending Revolving Credit Lenders in accordance with their Pro Rata Shares.
To the extent an extension fee is agreed among the Borrower, the Administrative Agent and the Extending Revolving Credit Lenders, the Borrower shall pay such extension fee to the Extending Revolving Credit Lenders, payable on the effective date of such extension.
On the date hereof, the participations in any outstanding Letters of Credit shall be reallocated so that after giving effect thereto the Extending Revolving Credit Lenders and the Non-Extending Revolving Credit Lenders thereunder shall share ratably in the Aggregate Exposures thereunder in accordance with the Amended Revolving Credit Commitments.