Initial Revolving Facility Commitments definition
Initial Revolving Facility Commitments means the Revolving Facility Commitments (i) in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement, established pursuant to any Incremental Assumption Agreement on the same terms as the Revolving Facility Commitments referred to in clause (i) of this definition. The aggregate amount of the Revolving Facility Lenders’ Initial Revolving Facility Commitments in effect on the Closing Date is $750,000,000.
Initial Revolving Facility Commitments has the meaning set forth in the definition of the term “Revolving Facility Commitments”.
Examples of Initial Revolving Facility Commitments in a sentence
Such notice shall specify (i) the amount of such Revolving Facility Lender’s Initial Revolving Facility Commitments (and proportional amount of Initial Revolving Facility Loans) such Revolving Facility Lender so desires to convert and (ii) the effective date for such conversion, which shall be a date no less than 3 Business Days and no greater than 10 Business Days after the date of receipt of such notice by the Borrower and the Administrative Agent.
Such Incremental Revolving Commitments shall form a single Class with the Initial Revolving Facility Commitments (as amended hereby).