Examples of Original Revolving Credit Commitment in a sentence
Any Extension Term Loans shall constitute a separate Class of Term Loans from the related Original Term Loan Class, and any Extension Revolving Credit Commitments and Extension Non-Revolving Credit Loans, as applicable, shall constitute a separate Class of Revolving Credit Commitments from the related Original Revolving Credit Commitment Class.
Borrower shall deliver to the Agent an irrevocable Borrowing Notice no later than 1:00 p.m. Mountain Time on the Business Day prior to the anticipated Restated Effective Date with respect to the conversion on the Restated Effective Date of (i) the Original Term A Loan into the Term A Loan and (ii) the Original Term B Loan and outstanding revolving credit loans under the Original Revolving Credit Commitment into the Term B Loan.
Each Bank, acting in its sole discretion, shall, by notice to the Company and the Administrative Agent given not later than the date 30 days prior to the Original Revolving Credit Commitment Termination Date, advise the Company whether or not such Bank agrees to such extension, which extension shall become effective if (and only if) all of the Banks agree thereto.
Extension Revolving Credit Commitments and Extension Non-Revolving Credit Loans, as applicable, shall constitute a separate Class of Revolving Credit Commitments from the related Original Revolving Credit Commitment Class.
The “Extended Revolving Loan Commitment” of any Extended Revolving Loan Lender shall be the amount of its Original Revolving Credit Commitment (after giving effect to any conversion of such Extended Revolving Loan Lender’s Original Revolving Loans into New Term Loans) or such lesser amount as is determined by Credit Suisse Securities (USA) LLC and National City (collectively, the “Arrangers”) and the Company and notified to such Lender on or prior to the Second Restatement Effective Date.