Increasing Revolving Lender definition

Increasing Revolving Lender has the meaning assigned thereto in Section 2.7.

Increasing Revolving Lender has the meaning specified in Section 2.16(a).

Increasing Revolving Lender as defined in Section 2.4(b).

Examples of Increasing Revolving Lender in a sentence

• With effect from and including the Effective Date, the Additional Revolving Facility Commitment of any Increasing Revolving Lender shall constitute a “Revolving Credit Commitment” for all purposes of the Amended Credit Agreement and the other Loan Documents and any Loans advanced by such Increasing Revolving Lender as part of its Additional Revolving Facility Commitment shall constitute “Revolving Loans” for all purposes of the Amended Credit Agreement and the other Loan Documents.

• On each Increase Date, upon fulfillment of the conditions set forth in the immediately preceding sentence of this Section 2.18(b), the Agent shall notify the Lenders (including each Assuming Revolving Lender) and the Borrower, on or before 1:00 P.M. (New York City time), of the occurrence of the Increase to be effected on such Increase Date and shall record in the Register the relevant information with respect to each Increasing Revolving Lender and each Assuming Revolving Lender on such date.

• Each Revolving Loan extended by an Increasing Revolving Lender pursuant to this Section 2(b) shall be made available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office and shall have an Interest Period matching the Interest Period of the applicable prepaid Revolving Loan.

• Each Increasing Revolving Lender expressly acknowledges that neither any of the Agents nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates have made any representations or warranties to it and that no act by any Agent hereafter taken, including any review of the affairs of a Loan Party or any affiliate of a Loan Party, shall be deemed to constitute any representation or warranty by any Agent to such Increasing Revolving Lender.

• Only the consent of each Increasing Revolving Lender and Administrative Agent shall be required for an increase in the aggregate principal amount of Revolving Loan Commitments (and the ratable increase in the aggregate principal amount of the Offshore Revolving Loan Commitments) pursuant to this subsection 2.1A(iv).

More Definitions of Increasing Revolving Lender

Increasing Revolving Lender shall have the meaning assigned to such term in Section 2.1(d)(i).

Increasing Revolving Lender has the meaning specified in Section 2.18(a)(iii).

Increasing Revolving Lender has the meaning provided in Section 2.17.

Increasing Revolving Lender shall have the meaning specified in Section 2.6(a)

Increasing Revolving Lender has the meaning set forth in Section 4.9(a).

Increasing Revolving Lender has the meaning assigned to such term in Section 2.01(c).

Increasing Revolving Lender shall have the meaning provided in Section 2.16(a). “Increasing Term Loan Lender” shall have the meaning provided in Section 2.16(b). “Incremental Agreement” shall have the meaning provided in Section 2.16(d). “Incremental Increase” shall mean a Revolving Incremental Increase or a Term Loan Incremental Increase. “Indebtedness” of any Person shall mean (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments, (c) the deferred purchase price of assets or services that in accordance with GAAP would be included as a liability on the balance sheet of such Person (other than (i) any earn-out obligation until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and (ii) obligations resulting under firm transportation contracts or take or pay contracts entered into in the ordinary course of business), (d) the face amount of all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder, (e) all Indebtedness (excluding prepaid interest thereon) of any other Person secured by any Lien on any property owned by such Person, whether or not such Indebtedness has been assumed by such Person, (f) the principal component of all Capitalized Lease Obligations of such Person, (g) obligations to deliver commodities, goods or services, including Hydrocarbons, in consideration of one or more advance payments, other than obligations relating to net oil, natural gas liquids or natural gas balancing arrangements arising in the ordinary course of business, (h) the undischarged balance of any Production Payment created by such Person or for the creation of which such Person directly or indirectly received payment, and (i) without duplication, all Guarantee Obligations of such Person; provided that Indebtedness shall not include (i) trade and other ordinary course payables and accrued expenses arising in the ordinary course of business, (ii) deferred or prepaid revenue, (iii) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed obligations of the respective seller, (iv) in the case of the Borrower and its Restricted Subsidiaries, all intercompany Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business, (v) any obligati...