Increased Commitment Lender definition

Increased Commitment Lender shall have the meaning provide in Section 2.15(b).
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Increased Commitment Lender as defined in Section 2.22(b).
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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 3.75 to 1.00 and the Interest Coverage Ratio is not less than 2.00 to 1.00.
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Examples of Increased Commitment Lender in a sentence

  • The Administrative Agent is hereby directed to amend Exhibit C and, if applicable, Schedule I, on each Increase Effective Date to reflect (i) the Commitment Amount of each Lender (including any new Lender) as of such Increase Effective Date, and (ii) the Lending Offices and address for notices of any Increased Commitment Lender which was not previously a Lender, and to deliver a copy thereof to each party hereto.

  • Each Increased Commitment Lender and Incremental Term Loan Lender shall be subject to the provisions of Section 2.18.

  • The Administrative Agent is hereby directed to amend Schedule 1 on each Increase Effective Date to reflect (i) the Commitment Amount of each Lender (including any new Lender) as of such Increase Effective Date, and (ii) the Lending Offices and address for notices of any Increased Commitment Lender which was not previously a Lender, and to deliver a copy thereof to each party hereto.

  • Subject to the terms and conditions hereof, each Increased Commitment Lender severally agrees that its Revolving Commitment shall be increased to [OR, IN THE CASE OF A NEW LENDER, SHALL BE] the amount set forth opposite its name on the signature pages hereof.

  • Each Lender shall notify the Administrative Agent within such time period 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.

  • 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.

  • Each Increased Commitment Lender will thereupon make the amount of its committed share of each such Commitment Increase available to the Administrative Agent (which for all purposes of this Agreement shall be deemed to be included in the Loan) for the account of the Borrowers at the office of the Administrative Agent on such day.


More Definitions of Increased Commitment Lender

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

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Increased Commitments has the meaning assigned to such term in Section 2.19(a).

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

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

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

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

  • New Revolving Lender as defined in Section 2.24.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • 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.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, 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).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Increasing Lenders is defined in Section 2.14.

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

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

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

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.