Increased Commitment Lender definition

Increased Commitment Lender shall have the meaning provide in Section 2.15(b).
Sample 1Sample 2Sample 3
Increased Commitment Lender as defined in Section 2.22(b).
Sample 1Sample 2Sample 3
Increased Commitment Lender shall have the meaning given such term in Section 2.14(c). The “Incurrence Test” shall be met with respect to any incurrence of Indebtedness, increase in the Total Revolving Credit Commitment or other transaction if, and only if, on a Pro Forma Basis, the First Priority Leverage Ratio does not exceed 3.50 to 1.00 and the Interest Coverage Ratio is not less than 2.00 to 1.00.
Sample 1

Examples of Increased Commitment Lender in a sentence

  • Each Increased Commitment Lender and Non-Increased Lender shall make such cash settlements between themselves, in a manner acceptable to and approved by the Administrative Agent, as they deem necessary and desirable with respect to such sales, assignments, purchases and assumptions.

  • Includes 5,000 shares of Common Stock issuable upon the exercise of options granted under the Stock Option Plan which are currently exercisable.

  • Each Revolving Lender shall notify the Administrative Agent within such time period set forth in (a) above whether or not it agrees to increase its Commitment and, if so (each an “ Increased Commitment Lender ”), whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.

  • The Revolving Commitments of each Increased Commitment Lender shall, as of the Amendment Effective Date (as defined below), be increased in the amount set forth opposite such Increase Commitment Lenders name on Schedule 1 hereto.


More Definitions of Increased Commitment Lender

Increased Commitment Lender shall have the meaning assigned to such term in Section 3.12.
Sample 1
Increased Commitment Lender has the meaning ascribed to such term in Section 2.11.
Sample 1

Related to Increased Commitment Lender

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

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (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 or 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.

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

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