New Revolving Commitment definition

New Revolving Commitment has the meaning specified in Section 2.14(a).

New Revolving Commitment has the meaning specified in Section 2.19(a).

New Revolving Commitment as defined in Section 2.25(a).

Examples of New Revolving Commitment in a sentence

• In the event any Electing Lender has made a Further Election, the reduction of all Revolving Credit Commitments contemplated by the second preceding sentence will instead be made in an aggregate amount to reflect the New Revolving Amount of the New Revolving Commitment Lenders and the new commitments of all Electing Lenders making a Further Election.

• Following such election (i) the Revolving Credit Commitments of all existing Revolving Credit Lenders will be permanently reduced by an aggregate amount equal to the New Revolving Amount in the manner specified by Section 2.06(c) and (ii) the New Revolving Credit Commitment of the New Revolving Commitment Lenders will become effective and the aggregate Revolving Credit Commitment shall be increased by the New Revolving Amount.

• Notwithstanding anything herein to the contrary, any Extended Revolving Credit Commitment provided by New Revolving Commitment Lenders shall be pro rata to each New Revolving Commitment Lender.

• Subject to the foregoing, the New Revolving Credit Commitments of the New Revolving Commitment Lenders and the new commitments of all Electing Lenders making a Further Election will otherwise be incorporated as Revolving Credit Commitments hereunder in the same manner in which Extended Revolving Credit Commitments are incorporated hereunder pursuant to this Section 2.16, including without limitation for purposes of Section 2.16(e).

• Subject to the foregoing, the New Revolving Credit Commitments of the New Revolving Commitment Lenders and the new commitments of all Electing Lenders making a Further Election will otherwise be incorporated as Revolving Credit Commitments hereunder in the same manner in which Extended Revolving Credit Commitments are incorporated hereunder pursuant to this Section 2.17, including without limitation for purposes of Section 2.17(e).

More Definitions of New Revolving Commitment

New Revolving Commitment means the commitment by each Additional Revolving Lender that executes and delivers a counterpart of the Amendment Agreement pursuant to which it agrees to make Revolving Loans in an amount set forth on Schedule 1 to the Amendment Agreement, having identical terms with, and having the same rights and obligations under the Loan Documents as, the Renewed Revolving Commitments.

New Revolving Commitment as to any New Revolving Lender, the obligation of such Lender to make New Revolving Loans and participate in Swingline Loans and Letters of Credit in an aggregate principal and/or face amount not to exceed, as applicable, (a) the amount set forth opposite such Xxxxxx's name under the heading “New Revolving Commitment” on Schedule I or (b) the amount set forth in any Assignment and Assumption to which such Lender is a party as an Assignee, in each case as the same may be changed from time to time pursuant to the terms hereof and of the Credit Agreement.

New Revolving Commitment as defined in the First Amendment.

New Revolving Commitment means, as to any Lender, such Lender’s New Dollar Revolving Commitment and New Multicurrency Revolving Commitment. As of the Restatement Effective Date, the aggregate Dollar Amount of all New Revolving Commitments is $500,000,000.

New Revolving Commitment means, as at any time with respect to any Lender, the commitment of such Lender to make a Revolving Loan, as set forth on table 2 of Schedule A (Lenders and Commitments) or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Revolving Commitment, as applicable, as such commitment may be reduced, increased or terminated from time to time pursuant to the terms of this Agreement, and “New Revolving Commitments” refers to the aggregate of the Revolving Commitments of all Lenders.

New Revolving Commitment has the meaning specified in Section 2.14(a). “New Revolving Facility” has the meaning specified in Section 2.14(a). “New Revolving Loan” has the meaning specified in Section 2.14(a). “New Term Commitment” has the meaning specified in Section 2.14(a). “New Term Facility” has the meaning specified in Section 2.14(a). “New Term Loan” has the meaning specified in Section 2.14(a). “Non-Consenting Lender” has the meaning specified in Section 3.08(c). “Non-Defaulting Lender” means any Lender other than a Defaulting Lender. “Non-Loan Party” means any Restricted Subsidiary of the Parent Borrower that is not a Loan Party. “Note” means a Term Note or a Revolving Credit Note, as the context may require. “NPL” means the National Priorities List under CERCLA. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates are published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates as so determined be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

New Revolving Commitment as defined in Section 2.25(a). “New Revolving Loans”: as defined in Section 2.25(b). “New Subsidiary”: as defined in Section 7.2(t). “New Term Lender”: a Lender that has a New Term Loan. “New Term Loan Commitment”: as defined in Section 2.25(a). “New Term Loans”: as defined in Section 2.25(b). 31 [[6103614]]