French Revolving Facility definition

French Revolving Facility means the credit facility made available to Parent pursuant to the French Revolving Facility Agreement.
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French Revolving Facility means the credit facility made available to Parent pursuant to the French Revolving Facility Agreement in an aggregate principal amount not to exceed $200,000,000 (or its equivalent in another currency or currencies).
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French Revolving Facility means the revolving credit facility in an initial principal amount of $325 million under the Company’s senior secured French-law revolving facility agreement dated July 31, 2013, as last amended and restated pursuant to an amendment and restatement agreement dated February 4, 2016, and as further amended and/or restated from time to time.”;
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Examples of French Revolving Facility in a sentence

  • Each French Loan Party and each Lender hereby acknowledges that the provisions of article 1195 of the French Civil Code shall not apply to it with respect to its obligations under the French Revolving Facility and that it shall not be entitled to make any claim under article 1195 of the French Civil Code.

  • More than one Borrowing may be incurred on any date, provided that, unless approved by Administrative Agent in its reasonable discretion, at no time shall there be outstanding more than six Borrowings of Eurocurrency Loans under any Term Facility, or more than twelve Borrowings of Eurocurrency Loans under the Multicurrency Revolving Facility and the French Revolving Facility (collectively).

  • Each Lender accepting an Extension Offer is referred to herein as an “Extending Lender,” and the Loans and U.S./Canadian Revolving Facility Commitment, French Revolving Facility Commitment and European Revolving Facility Commitment held by such Lender (and so extended) accepting an Extension Offer are referred to herein as “Extended Loans” and “Extended Commitments”.

  • It is acknowledged and agreed by the parties hereto that the commercial understanding is that the French Revolving Facility Agreement and the U.S. Term Loan Credit Agreement and this Agreement (x) shall be based on different forms of agreement and may have different finance parties and borrowers and (y) shall contain covenants and events of default, be subject to guarantees and be secured by collateral or other Security that, when taken as a whole, are substantially similar in all material respects.

  • At any time and from time to time, on one or more occasions, subject to the terms and conditions set forth herein, the Borrowers may, by notice to the Administrative Agent, (a) increase the U.S./Canadian Revolving Facility Commitments, (b) increase the French Revolving Facility Commitments and/or (c) increase the European Revolving Facility Commitments (each such increase, an “Incremental Revolving Facility Increase” and such additional Revolving Facility Commitments, the “Incremental Commitments”).

  • Immediately after giving effect to the Transactions and the other transactions contemplated hereby, Parent and the Subsidiaries shall have outstanding no Financial Indebtedness or preferred stock other than (a) Financial Indebtedness outstanding under this Agreement, the Bridge Facility Agreement and the French Revolving Facility Agreement and (b) Financial Indebtedness set forth on Schedule 1.01(d).

  • The Lenders party hereto hereby authorize and direct the Administrative Agent to deliver a letter in the form set out in Schedule 5 to the Agent (as defined in the Restated French Revolving Facility Agreement) on or prior to the Amendment Effective Date.


More Definitions of French Revolving Facility

French Revolving Facility means the French Revolving Facility Commitments (including any Incremental Commitments that are French Revolving Facility Commitments) and the extensions of credit made hereunder by the French Revolving Lenders.
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French Revolving Facility means the credit facility under this Agreement evidenced by the French Revolving Commitments and the French Revolving Loans.
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Related to French Revolving Facility

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Additional Revolving Facility means any revolving credit facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(ii).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.