Initial Revolving Commitment Termination Date definition

Initial Revolving Commitment Termination Date means December 20, 2017; provided, that, in the event that there are any obligations outstanding under any of the Second Lien Notes Documents on the date ninety (90) days prior to the then-scheduled maturity date of such Second Lien Notes Documents, unless (i) the Company and its Subsidiaries have made arrangements with respect to the provision of cash collateral, (ii) the Company and its Subsidiaries have made other arrangements with respect to all such obligations under any of the Second Lien Notes Documents acceptable to Administrative Agent or (iii) the Administrative Agent shall have determined that the Collateral Agent shall implement and maintain Reserves with respect thereto, the Obligations shall become immediately due and payable in full and the Initial Revolving Commitment Termination Date for purposes of this Agreement shall be the date ninety (90) days prior to the then-scheduled maturity date of the Second Lien Notes.

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Initial Revolving Commitment Termination Date means April 14, 2023.

Initial Revolving Commitment Termination Date means July 6, 2020.

Examples of Initial Revolving Commitment Termination Date in a sentence

Except to the extent of reallocations of participations pursuant to the prior sentence, the occurrence of the Initial Revolving Commitment Termination Date shall have no effect upon (and shall not diminish) the percentage participations of the Lenders in any Letter of Credit issued before the Initial Revolving Commitment Termination Date.
Except to the extent of reallocations of participations pursuant to prior sentence, the occurrence of the Initial Revolving Commitment Termination Date shall have no effect upon (and shall not diminish) the percentage participations of the Lenders in any Letter of Credit issued before the Initial Revolving Commitment Termination Date.
The delivery by the Borrower of the Extension Notice to the Administrative Agent for the extension of the Initial Revolving Commitment Termination Date shall constitute a representation and warranty by the Borrower Parties that no Event of Default has occurred that is continuing as of the Extension Notice Date.
The request by the Borrower for the extension of the Initial Revolving Commitment Termination Date shall constitute a representation and warranty by the Borrower Parties that no Potential Default or Event of Default then exists and that all of the conditions set forth in Section 1.7(5)(B) below have been satisfied on the Initial Revolving Commitment Termination Date.
Commencing with the Initial Revolving Commitment Termination Date of any tranche of Initial Revolving Commitments, the Swingline Commitment shall be agreed with the Initial Revolving Credit Lenders under the extended tranches.

More Definitions of Initial Revolving Commitment Termination Date

Initial Revolving Commitment Termination Date means June 5, 2011 (provided that if such day is not a Business Day, the Initial Revolving Commitment Termination Date shall be the immediately preceding Business Day).

Initial Revolving Commitment Termination Date means September 30, 2021.

Initial Revolving Commitment Termination Date means September 2930, 20212022. “Insolvency Proceeding” shall mean any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any state or foreign bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other similar relief. “Intercompany Debt” shall mean any Indebtedness, payables or other obligations, whether now existing or hereafter incurred, owed by any Credit Party or Subsidiary of a Credit Party to any Credit Party or any Subsidiary or Unrestricted Subsidiary of a Credit Party. “Intercompany Loans” shall have the meaning provided in Section 10.05(h). “Intercompany Note” shall mean a promissory note (which may be a global promissory note) evidencing Intercompany Loans, duly executed and delivered substantially in the form of Exhibit J (or such other form as shall be reasonably satisfactory to the Administrative Agent), with blanks completed in conformity herewith. “Intercreditor Agreement” shall mean the Intercreditor Agreement substantially in the form of Exhibit N (as amended, restated, amended and restated, or otherwise modified from time to time) or any other intercreditor agreement reasonably acceptable to the Administrative Agent and the Company. “Interest Determination Date” shall mean, with respect to any LIBOR Loan, the second Business Day prior to the commencement of any Interest Period relating to such LIBOR Loan. “Interest Period” shall have the meaning provided in Section 2.09. “Interest Rate Protection Agreement” shall mean any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement. “Interpolated Rate” shall mean, at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the LIBO Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that 27 #93457508v14

Initial Revolving Commitment Termination Date means the Outside Termination Date.

Initial Revolving Commitment Termination Date means the earliest of (i) July 7, 2027 (or, in the case of this clause (i), solely with respect to any Extended Revolving Loans or Replacement Revolving Loans, the termination date for the related Extended Revolving Commitments or Replacement Revolving Commitments, as applicable), (ii) the date on which Initial Revolving Facility Springing Termination Date occurs, (iii) the date on which the Initial Revolving Commitments are terminated pursuant to Section 2.8 and (iv) the date on which all Initial Revolving Loans outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).

Initial Revolving Commitment Termination Date means the earlier of (a) February 12, 2031 (the “Outside Termination Date”) and (b) 91 days prior to maturity of any other agreement governing Indebtedness of the Credit Parties with an aggregate principal amount equal to or greater than $100,000,000; provided, that, in the case of this clause (b), if each of (i) Administrative Agent has implemented a Reserve in an amount equal to the aggregate principal amount of such other Indebtedness and (ii) if (A) on the day that is 91 days prior to the maturity date of such other Indebtedness, Adjusted Excess Availability is greater than 20.0% of Availability and (B) Adjusted Excess Availability for each day during such 91 day period is projected to be greater than 20.0% of Availability (after giving effect to the Reserve implemented for such Indebtedness described in clause (i) above) (which projections shall be based on good faith and reasonable projections prepared by or on behalf of the Credit Parties for the relevant period at the time that such projections are prepared and at the time such projections are delivered to the Administrative Agent), then “Initial Revolving Commitment Termination Date” means the Outside Termination Date.