German Revolving Credit Commitment definition

German Revolving Credit Commitment as to any German Revolving Credit Lender, the obligation of such Lender, if any, to make German Revolving Credit Loans and participate in German Swing Line Loans and German Letters of Credit, in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “German Revolving Credit Commitment” opposite such Lender’s name in the Lender Addendum delivered by such Lender, or, as the case may be, in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The Total German Revolving Credit Commitments on the Restatement Effective Date are €65,000,000.
Sample 1
German Revolving Credit Commitment means, as to each Lender, its obligation to (a) make German Revolving Credit Advances to the German Borrower pursuant to Section 2.01(a), (b) purchase participations in L/C Obligations and (c) purchase participations in German Swing Line Advances, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 1.01A under the caption “German Revolving Credit Commitment” or in the Assignment and Acceptance 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.
Sample 1
German Revolving Credit Commitment the obligation of the German Lender to make German Revolving Credit Loans to the German Borrower hereunder in an aggregate principal amount at any one time outstanding not to exceed 08,635,460, as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement.
Sample 1

Examples of German Revolving Credit Commitment in a sentence

  • The amount of any such U.S. Revolving Credit Commitment reduction or German Revolving Credit Commitment reduction shall not be applied to the Letter of Credit Sublimit, the U.S. Swing Line Sublimit or the German Swing Line Sublimit unless otherwise specified by Parent Borrower.

  • Let the following attacks hold between the arguments: b = (b1, b2) , m = (b2, a3) , o = (x, y) x, y o Conc(x) = Conc(y) .

  • Such request shall be made in writing (which written request shall be deemed to be a Committed Advance Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Index Rate Loans, but subject to the unutilized portion of the U.S. Revolving Credit Commitment or the German Revolving Credit Commitment, as applicable, and the conditions set forth in Section 5.02.

  • Within the limits of each Lender’s U.S. Revolving Credit Commitment and German Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(a), prepay under Section 2.10, and reborrow under this Section 2.01(a).

  • If on any date (x) the German Revolving Credit Exposure of the German Lender on such date exceeds (y) the German Revolving Credit Commitment then in effect, the German Borrower shall immediately (and without notice or demand) prepay the German Revolving Credit Loans by the amount equal to such excess.

  • Except as otherwise provided in the Fee Letter, the German Borrower may terminate or reduce the unused portion of the German Revolving Credit Commitment at any time by giving notice to the Lender as provided in Section 4.8 below, provided that any partial reduction shall be in an amount of at least One Million Dollars ($1,000,000) or the equivalent amount in the Optional Currency.

  • Each Lender’s Non-Extending German Revolving Credit Commitment shall terminate in its entirety on the Non-Extending Revolving Credit Termination Date.

  • The German Borrower agrees to pay to the Agent, for the account of each Lender, in immediately available funds in Euros, a commitment fee of three-eighths of one percent (3/8 of 1%) per annum on the average daily Available German Revolving Credit Commitment of such Lender on each day.


More Definitions of German Revolving Credit Commitment

German Revolving Credit Commitment means the aggregate of all German Revolving Credit Commitments of each Lender set forth on Schedule E-1 or such amount reduced as provided in Section 2.1(a) of this Agreement.
Sample 1
German Revolving Credit Commitment as to any Revolving Credit Lender, its Non-Extending German Revolving Credit Commitment or its Extending German Revolving Credit Commitment, as the case may be.
Sample 1
German Revolving Credit Commitment as to any German Revolving Credit Lender, the obligation of such Lender, if any, to make German Revolving Credit Loans and participate in German Swing Line Loans and German Letters of Credit, in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “German Revolving Credit Commitment” opposite such Lender’s name in the German Revolving Credit Facility Joinder Amendment delivered by such Lender, or, as the case may be, in the Assignment and Acceptance pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. There are no German Revolving Credit Commitments on the Closing Date.
Sample 1

Related to German Revolving Credit Commitment

  • 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.

  • 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.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

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

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

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

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

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

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

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Unused Revolving Credit Commitment of any Lender, at any time, means the remainder of the Revolving Credit Commitment of such Lender at such time, if any, less the sum of (a) the aggregate Outstanding Amount of Revolving Loans made by such Lender, (b) such Lender’s LC Exposure at such time and (c) except for purposes of Section 2.12(a), such Lender’s Applicable Percentage of the aggregate Outstanding Amount of Swingline Loans.

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

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

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • 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.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).