New Revolving Credit Loan definition

New Revolving Credit Loan shall have the meaning provided in Section 2.14(b).
New Revolving Credit Loan means a New Multicurrency Revolving Credit Loan and/or a New USD Revolving Credit Loan, as the context may require.
New Revolving Credit Loan means, the “New Revolving Credit Loans” as defined in the Second Amendment.

Examples of New Revolving Credit Loan in a sentence

  • At the Parent Borrower’s election in connection with any prepayment pursuant to this Section 5.1, such prepayment shall not be applied to any New Revolving Credit Loan of a Defaulting Lender.

  • At any time that the conditions precedent set forth in Section 7 have been satisfied or waived, the Administrative Agent may request the New Revolving Lenders to make a New Revolving Credit Loan to repay a Protective Advance.

  • Upon the satisfaction of the foregoing, Borrower may consummate a replacement or a refinancing of the Revolving Credit Loan, whereupon such New Revolving Credit Loan shall be deemed to be the Revolving Credit Loan as defined herein.

  • On the Effective Date, in full satisfaction thereof, the Allowed Secured Revolving Credit Claims shall be restructured by including in the stated principal amount of the Refinanced Indebtedness in the New Revolving Credit Loan the then outstanding amount of the Debtors' obligations under the Secured Revolving Credit Claims.

  • The interest rate for the New Revolving Credit Loans shall be: [equal to the interest rate applicable to the Revolving Credit Loans under the Credit Agreement (as modified from time to time in accordance with the terms of the Credit Agreement)] OR [ %]6; and 4 To be updated in the case of a provision of any New Revolving Credit Loan used to consummate a Permitted Acquisition or an Acquisition that is a Limited Condition Transaction.

  • The very sight of the cliché happenings ignites the flames of the past memories in her heart.

  • On the Effective Date, the Debtors anticipate that they will enter into a New Revolving Credit Loan with BTCC, as Agent for certain lenders, (a) to refinance the Secured Revolving Credit Claims and the DIP Credit Facility I and II (collectively, the "Refinanced Indebtedness"), (b) to provide working capital for their ongoing operations, and (c) to finance the cash requirements to implement the Plan.

  • For purposes of the Credit Agreement, to the extent not already a Lender, the initial notice address of each 2021-1 New Revolving Credit Loan Lender shall be as set forth below its signature below.


More Definitions of New Revolving Credit Loan

New Revolving Credit Loan as defined in Section 2.25(c).
New Revolving Credit Loan a Loan made under a New Revolving Credit Commitment.
New Revolving Credit Loan shall have the meaning set forth in Section 5.2.11(c) hereof.
New Revolving Credit Loan as defined in subsection 2.10.
New Revolving Credit Loan shall have the meaning provided in Section 2.01(c). “Non-Consenting Lender” has the meaning set forth in Section 3.07(d). “Non-Debt Fund Affiliate” means any Affiliate of the Investors other than (a) Holdings or any Subsidiary of Holdings, (b) any Debt Fund Affiliates and (c) any natural person. “Non-Defaulting Lender” means, at any time, a Lender that is not a Defaulting Lender. “Non-Expiring Credit Commitment” has the meaning set forth in Section 2.04(g). “Non-Extension Notice Date” has the meaning set forth in Section 2.03(b)(iii). “Non-U.S. ABL Facility Collateral” has the meaning given to such term in the ABL Intercreditor Agreement. “Not Otherwise Applied” means, with reference to any amount of proceeds of any transaction or event, that such amount (a) was not required to be applied to prepay the Loans pursuant to Section 2.05(b), (b) was not previously (and is not concurrently being) applied in determining the permissibility of a transaction under the Loan Documents where such permissibility was or is (or may have been) contingent on receipt of such amount or utilization of such amount for a specified purpose, (c) was not utilized pursuant to Section 8.05, (d) was not applied to incur Indebtedness pursuant to Section 7.03(m)(y), (e) was not utilized to make Restricted Payments pursuant to Section 7.06 (other than pursuant to Section 7.06(h)(y)), (f) was not utilized to make Investments pursuant to Sections 7.02(n), (p), (v), (w) or (z), (g) was not utilized to make prepayments of any Junior Financing pursuant to Section 7.13 (other than 7.13(a)(iv)(y)) or (h) was not utilized to increase availability under clause (c) of the definition of Cumulative Credit. The Borrower shall promptly notify the Administrative Agent of any application of such amount as contemplated by (b) above. “Note” means a Term Note, a Revolving Credit Note or a Swing Line Note, as the context may require. “Obligations” means all (x) advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party and its Restricted Subsidiaries 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 and fees that accrue after the commencement by or against any Loan Party or Restricted Subsidiary of any proceeding under any Debtor Relief Laws naming such Person as the ...
New Revolving Credit Loan shall have the meaning provided in Section 2.14. “New Term Loan Commitments” shall have the meaning provided in Section 2.14. “New Term Loan Lender” shall have the meaning provided in Section 2.14. -43- EAST\169633878.2 US-DOCS\137883688.9 -44- EAST\169633878.2 US-DOCS\137883688.9 matures. 2.5(c). 2.14.

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