Global Revolving Credit Facility definition

Global Revolving Credit Facility means, at any time, the aggregate amount of the Global Revolving Credit Lenders’ Global Revolving Credit Commitments at such time. As of the Restatement Effective Date, the Global Revolving Credit Facility is $600,000,000.
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Global Revolving Credit Facility means, at any time, the aggregate amount of the Global Revolving Credit Lenders’ Global Revolving Credit Commitments at such time. As of the Closing Date, the Global Revolving Credit Facility is $450,000,000 (or, as applicable, the Alternative Currency Equivalent thereof).
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Examples of Global Revolving Credit Facility in a sentence

  • Assets must satisfy certain conditions to qualify for inclusion as an Unencumbered Asset under the Global Revolving Credit Facility.

  • Such request shall be made in writing (which written request shall be deemed to be a Committed Loan 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 Loans, but subject to the unutilized portion of the U.S. Revolving Credit Facility or the Global Revolving Credit Facility, as applicable, and the conditions set forth in Section 4.02.

  • Assets must satisfy certain conditions to qualify for inclusion as an Unencumbered Asset under the Global Revolving Credit Facility and Unsecured Term Loan.

  • Any reduction of the Global Revolving Credit Facility shall be applied to the Global Revolving Credit Commitment of each Global Revolving Credit Lender according to its Applicable Percentage.

  • At December 31, 2000, the Corporation had an undrawn $2 billion Global Revolving Credit Facility, which was due to expire in 2002.

  • In the case of any such request with respect to the making of Eurocurrency Rate Loans, such request shall be subject to the approval of the Administrative Agent and the Lenders under the Global Revolving Credit Facility.

  • Letters of Credit must expire no later than the maturity of the 5-Year $1,000,000,000 Global Revolving Credit Facility.

  • Notwithstanding anything to the contrary contained herein, with respect to each Committed Borrowing consisting of Loans designated in Dollars, the Borrower shall, in accordance with Section 2.02, request that such Committed Borrowing be drawn ratably from each of the U.S. Revolving Credit Facility and the Global Revolving Credit Facility, based upon the percentage of the Aggregate Commitments represented by the U.S. Revolving Credit Facility and the Global Revolving Credit Facility, respectively.

  • During 1997, the Corporation refinanced its revolving credit agreements in the United States and United Kingdom with a $2,000,000,000 Global Revolving Credit Facility (the "Facility"), of which $968,000,000 is outstanding at December 31.

  • Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Company may from time to time request an increase in the U.S. Revolving Credit Facility and/or the Global Revolving Credit Facility by an amount not exceeding $350,000,000 in the aggregate (for all such requests); provided that (i) any such request for an increase shall be in a minimum amount of $25,000,000, and (ii) the Company may make a maximum of six (6) such requests.

Related to Global Revolving Credit Facility

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

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

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

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

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • 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.