Initial Revolving Lender definition

Initial Revolving Lender means any Lender with an Initial Revolving Credit Commitment or any Initial Revolving Credit Exposure.

Initial Revolving Lender means a Lender with an Initial Revolving Commitment or, if the Initial Revolving Commitments have terminated or expired, an outstanding Initial Revolving Loan.

Initial Revolving Lender means each financial institution listed on Part A of Schedule 2.01 under the heading “Initial Revolving Commitments”, as well as any registered assignee that becomes a “Lender” hereunder pursuant to Section 9.04(b) with respect to the Initial Revolving Loans and/or Initial Revolving Commitments, that, in each case, is a party to this Agreement.

Examples of Initial Revolving Lender in a sentence

• For purposes of calculating the commitment fee only, the Initial Revolving Credit Commitment of any Initial Revolving Lender shall be deemed to be used to the extent of Initial Revolving Loans of such Class of such Initial Revolving Lender and the LC Exposure of such Initial Revolving Lender attributable to its Initial Revolving Credit Commitment of such Class (and the Swingline Exposure of such Lender shall be disregarded for such purpose).

• At any time after any Initial Revolving Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Initial Revolving Lender its Applicable Percentage thereof in the same funds as those received by the Swingline Lender.

• Immediately upon the making of a Swingline Loan, each Initial Revolving Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swingline Lender a risk participation in such Swingline Loan in an amount equal to the product of such Initial Revolving Lender’s Applicable Percentage of the Aggregate North American Commitments times the amount of such Swingline Loan.

• For purposes of computing commitment fees, an Initial Revolving Commitment of an Initial Revolving Lender shall be deemed to be used to the extent of the outstanding Initial Revolving Loans.

• Until each Initial Revolving Lender funds its ABR Revolving Loan, Canadian Base Rate Revolving Loan or Canadian Prime Rate Revolving Loan, as applicable, or risk participation pursuant to this Section 2.24 to refinance such Initial Revolving Lender’s Applicable Percentage of any Swingline Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swingline Lender.

More Definitions of Initial Revolving Lender

Initial Revolving Lender means, as of any date of determination, a Lender with an Initial Revolving Commitment or, if the Initial Revolving Commitments have terminated or expired, a Lender with Initial Revolving Exposure.

Initial Revolving Lender means any Lender with an Initial Revolving Credit Commitment or any Initial Revolving Credit Exposure. For the avoidance of doubt, each 2019 Incremental Revolving Lender shall be an Initial Revolving Lender.”

Initial Revolving Lender means each bank, financial institution or other entity of which whose name appears on Schedule 1.01(b).

Initial Revolving Lender means any Lender with an Initial Revolving Credit Commitment or any Initial Revolving Credit

Initial Revolving Lender means any Lender with an Initial Revolving Credit Commitment or any Initial Revolving Credit Exposure. “Initial Revolving Loan” means any revolving loan made by the Initial Revolving Lenders to the Borrower pursuant to S ection 2.01(a)(ii). “Initial Term Lender” means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

Initial Revolving Lender means a Dollar Revolving Lender or a Multicurrency Revolving Lender. “Initial Revolving Loans” means the Dollar Revolving Loans and/or Multicurrency Revolving Loans. -52- #96942867v160458181 #96942867v1

Initial Revolving Lender means a Lender with an Initial Revolving Commitment or an outstanding Initial Revolving Loan. “Initial Revolving Loan” shall mean a Loan made pursuant to Section 2.01(b).