New Revolving Credit Commitment definition

New Revolving Credit Commitment has the meaning specified in Section 2.16(f)(i).
New Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.24(a).
New Revolving Credit Commitment has the meaning specified in the definition ofRevolving Credit Commitment”.

Examples of New Revolving Credit Commitment in a sentence

  • 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.

  • In connection with the foregoing, each Electing Lender may further elect (a “Further Election”) to provide a New Revolving Credit Commitment hereunder in an amount such that after giving effect to all New Revolving Credit Commitments, the amount of such Electing Lender’s Revolving Credit Commitment will equal the amount of such Electing Lender’s Revolving Credit Commitment prior to any such reduction.

  • Such New Revolving Credit Commitment will be in an amount (the “New Revolving Amount”) and have the terms specified in the notice to the Administrative Agent; provided that except as to interest rates, fees, final maturity, subordinated collateral arrangements and subordinated voluntary and mandatory prepayment arrangements (and subject to clause (f)(iii) below), any New Revolving Credit Commitment shall be a Revolving Credit Commitment with the same terms as the Revolving Credit Loans.

  • Such New Revolving Credit Commitment will be in an amount (the “New Revolving Amount”) and have the terms specified in the notice to the Administrative Agent; provided that except as to interest rates, fees, final maturity, subordinated collateral arrangements, if any, and subordinated voluntary and mandatory prepayment arrangements, if any (and subject to clause (f)(iii) below), any New Revolving Credit Commitment shall be a Revolving Credit Commitment with the same terms as the Revolving Credit Loans.

  • Upon receipt of a New Revolving Credit Commitment, Xxxxxxx shall make a Pro Rata Extension Offer to all existing Revolving Credit Lenders to extend the maturity date of their Revolving Credit Commitments on the same terms as the New Revolving Credit Commitment (each Revolving Credit Lender that accepts such Pro Rata Extension Offer, an “Electing Lender”, and each existing Revolving Credit Lender that is not an Electing Lender, a “Non-Electing Lender”).


More Definitions of New Revolving Credit Commitment

New Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Amendment and Restatement Date, the amount set forth opposite such Lender’s name on Schedule 1 to the Amendment Agreement as such Lender’s “New Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Amendment and Restatement Date, the amount specified as such Lender’s “New Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total New 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 New Revolving Credit Commitment as of the Amendment and Restatement Date is $2,000,000,000.
New Revolving Credit Commitment means, the “New Revolving Credit Commitments” as defined in, made available under and amended in accordance with the Second Amendment.
New Revolving Credit Commitment means, as to each New Revolving Credit Lender, its obligation to (a) make New Revolving Credit Loans to the Borrower pursuant to Section 2.01(c), (b) purchase participations in L/C Obligations in respect of Letters of Credit 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 Lxxxxx’s name on Schedule I to Amendment No. 5 under the caption “New Revolving Credit Commitments” or in the Assignment and Acceptance 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 (including Section 2.14). The aggregate New Revolving Credit Commitments of all New Revolving Credit Lenders shall be $250,000,000 on the Amendment No. 5 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
New Revolving Credit Commitment means, as to each New Revolving Credit Lender, its obligation to (a) make New Revolving Credit Loans to the Borrower pursuant to Section 2.01(c), (b) purchase participations in L/C Obligations in respect of Letters of Credit 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 Annex AASchedule I to Amendment No. 115 under the caption “New Revolving Credit Commitments” or in the Assignment and Acceptance 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 (including Section 2.14). The aggregate New Revolving Credit Commitments of all New Revolving Credit Lenders shall be $185,000,000185,000,000250,000,000 on the Amendment No. 335 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
New Revolving Credit Commitment as to any Lender, the obligation of such Lender, if any, to make New Revolving Credit Loans and participate in Swingline Loans and Letters of Credit, in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “New Revolving Credit Commitment” opposite such Lender’s name on Schedule 1 to the First Amendment or in the Assignment and Assumption pursuant to which such New Revolving Credit Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original amount of the Total New Revolving Credit Commitments is $250,000,000.
New Revolving Credit Commitment as to any New Revolving Credit Lender at any time, its obligation to make New Revolving Credit Loans to the Company in an aggregate amount not to exceed at any time outstanding the sum of the U.S. Dollar amounts set forth opposite such New Revolving Credit Lender's name in Schedule I under the headings "Existing New Revolving Credit Commitments" and "New Revolving Credit Commitment Increases", as such amount may be changed from time to time pursuant to subsection 2.13 and the other applicable provisions hereof.
New Revolving Credit Commitment has the meaning assigned to such term in the Fourth Amendment.