New Revolving Commitment Lenders definition

New Revolving Commitment Lenders has the meaning specified in Section 2.17(c).
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New Revolving Commitment Lenders as applicable, hereunder). The Borrower, such Lenders (or financial institutions) and the Administrative Agent shall enter into an amendment (each such amendment being herein called an “Incremental Loan Amendment”) to this Agreement and, as appropriate, the other Loan Documents, in form and substance satisfactory to the Administrative Agent and, upon effectiveness thereof, each financial institution (if not otherwise a Lender) providing an Incremental Term Loan or Incremental Revolving Commitment thereunder shall become a Lender hereunder with respect to such Incremental Term Loan, Revolving Commitment Increase or New Revolving Commitment, as applicable. The Incremental Loan Amendment may (notwithstanding anything to the contrary in Section 9.02), without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section. The effectiveness of (and, in the case of any Incremental Loan Amendment for an Incremental Term Loan, the borrowing under) any Incremental Loan Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth in Section 4.02 and such other conditions as the parties thereto shall agree. The Incremental Term Loans to be made pursuant to any Incremental Loan Amendment between the Borrower and one or more Lenders (including any such new Lenders) in response to any such request by the Borrower shall be deemed to be a separate “Series” of Incremental Term Loans for all purposes of this Agreement. The New Revolving Commitments to be provided pursuant to any Incremental Loan Amendment between the Borrower and one or more Lenders (including any such new Lenders) in response to any such request by the Borrower shall be deemed to be a separate Class of Revolving Commitments for all purposes of this Agreement. Nothing contained in this Agreement shall be construed to obligate any Lender to provide any Incremental Term Loan Commitment or, any Revolving Commitment Increase or any New Revolving Commitment or to obligate the Borrower to request an Incremental Term Loan Commitment or, a Revolving Commitment Increase or a New Revolving Commitment from any Lender. Incremental Term Loans (and extensions of credit under any Revolving Commitment Increase or New Revolving Commitment) will share in the Collateral under the Security Documents...
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New Revolving Commitment Lenders has the meaning specified in Section 2.16(f)(i). “New Revolving Credit Commitment” has the meaning specified in Section 2.16(f)(i). “Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. “Non-Electing Lender” has the meaning specified in Section 2.16(f)(i). “Non-Extension Notice Date” has the meaning specified in Section 2.03(b)(iii). “Note” means a Term Note, a Revolving Credit Note or a Swing Line Note, as the context may require. “Notes Offering Memorandum” means the Offering Memorandum dated as of September 12, 2013 relating to the Senior Notes. -38-Last Saved: 08/19/2013 8:50 pm CG&R Draft 0000000000v1 0000000000
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Examples of New Revolving Commitment Lenders 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).

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

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

  • Following such election Electing Lenders will take on a pro rata portion of the New Revolving Credit Commitments and (i) the Revolving Credit Commitments of all applicable 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 (B) the New Revolving Credit Commitments of the New Revolving Commitment Lenders and the Electing Lenders will become effective.

  • Upon effectiveness of the Extension Amendment to which each such New Revolving Commitment Lender is a party, (a) the Commitments of all existing Lenders of each Class specified in the Extension Amendment in accordance with this SECTION 2.27 will be permanently reduced pro rata by an aggregate amount equal to the aggregate principal amount of the Extended Commitments of such New Revolving Commitment Lenders and (b) the Commitment of each such New Revolving Commitment Lender will become effective.

  • Following such election (i) the Revolving Credit Commitments of all existing Revolving Credit Lenders (other than any Revolving Credit Commitment that any Electing Lender has elected to extend pursuant to such election) will be permanently reduced by an aggregate amount equal to the New Revolving Amount 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.


More Definitions of New Revolving Commitment Lenders

New Revolving Commitment Lenders has the meaning specified in Section 2.16(f)(i). “New Revolving Credit Commitment” has the meaning specified in Section 2.16(f)(i). “Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. “Non-Electing Lender” has the meaning specified in Section 2.16(f)(i). “Non-Extension Notice Date” has the meaning specified in Section 2.03(b)(iii). “Note” means a Term Note, a Revolving Credit Note or a Swing Line Note, as the context may require. 42 1002217597 1001820109v3
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New Revolving Commitment Lenders has the meaning specified in Section 2.17(c). “Non-Consenting Lender” has the meaning specified in Section 3.8. “Non-Excluded Taxes” means all Taxes other than Excluded Taxes and Other Taxes. “Non-LIBOR Quoted Currency” means any currency other than a LIBOR Quoted Currency. “Non-Loan Party” means any Restricted Subsidiary of Holdings that is not a Loan Party. “Non-Operating Subsidiary” means, at any date of determination, each Restricted Subsidiary of Holdings that is not a Material Subsidiary. “Notice of Borrowing” means a notice of Borrowing pursuant to Section 2.2, which shall be substantially in the form of Exhibit C or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of a Lead Borrower. “Notice of Intent to Cure” has the meaning specified in Section 7.2(a). “Obligations” means all (a) advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest, fees and expenses that accrue after the commencement by or against any Loan Party of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest, fees and expenses are allowed claims in such proceeding, (b) obligations of any Loan Party or any Restricted Subsidiary arising under any Secured Hedge Agreement, and (c)
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Related to New Revolving Commitment Lenders

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.