Examples of Original Revolving Lender in a sentence
Upon any Issuance of a Letter of Credit in accordance with the terms of this Agreement resulting in any increase in the Letter of Credit Obligations, each Original Revolving Lender shall be deemed to have acquired, without recourse or warranty, an undivided interest and participation in such Letter of Credit and the related Letter of Credit Obligations in an amount equal to its Commitment Percentage of such Letter of Credit Obligations.
Each Original Revolving Lender hereby consents to the termination of the Original Revolving Commitments in accordance with Section 2.08(d).
Each Amended Revolving Lender (or, if applicable, Original Revolving Lender) will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, New York City time, on the Borrowing Date requested by the Borrower in funds immediately available to the Administrative Agent.
The original amount of (x) each Lender's Revolving Loan Commitment and (y) the aggregate principal amount of the Original Revolving Loans of each Original Revolving Lender continued as Revolving Loans as provided pursuant to this subsection 2.1A(ii) and outstanding on the Restatement Effective Date, is set forth opposite such Lender's name on Schedule 2.1 annexed hereto.
On the Restatement Effective Date, each Original Revolving Loan Commitment (as in effect on the Restatement Effective Date immediately prior to giving effect thereto) of each Original Revolving Lender under the Original Credit Agreement is hereby continued as a Revolving Loan Commitment hereunder of such Original Revolving Lender.