Examples of Original Revolving Maturity Date in a sentence
Notwithstanding any provision in this Agreement to the contrary, at no time prior to the Original Revolving Maturity Date shall the sum of the total LC Exposure with respect to Letters of Credit that expire after the fifth Business Day prior to the Original Revolving Maturity Date plus (without duplication) the total Revolving Exposure of the Extending Revolving Lenders exceed the total Revolving Commitments of the Extending Revolving Lenders.
Unless previously terminated, (i) the Tranche B Term Loan Commitments and the Tranche B-1 Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Fourth Restatement Effective Date, (ii) the Revolving Commitment of each Non-Extending Revolving Lender shall terminate on the Original Revolving Maturity Date and (iii) the Revolving Commitment of each Extending Revolving Lender shall terminate on the Extended Revolving Maturity Date.
The Borrower shall have the right, exercisable one time, to request that the Administrative Agent and the Revolving Lenders extend the Original Revolving Maturity Date by one year to the Extended Revolving Maturity Date by executing and delivering to the Administrative Agent at least sixty (60) days, but not more than one hundred eighty (180) days, prior to the Original Revolving Maturity Date, a written request for such extension (an “Extension Request”).
Unless previously terminated, (i) the Tranche B-1 Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Fourth Restatement Effective Date, (ii) the Revolving Commitment of each Non-Extending Revolving Lender shall terminate on the Original Revolving Maturity Date and (iii) the Revolving Commitment of each Extending Revolving Lender shall terminate on the Extended Revolving Maturity Date.
For the avoidance of doubt, the aggregate Revolving Commitments in respect of which the Original Revolving Maturity Date has been extended under this clause shall not exceed the Total Revolving Commitments.