Refinancing Revolving Commitments definition

Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

Refinancing Revolving Commitments has the meaning assigned to such term in Section 2.26(a).

Refinancing Revolving Commitments means Incremental Revolving Commitments and Incremental Revolving Facilities that are designated by a Responsible Officer of the Borrower as “Refinancing Revolving Commitments” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the date of incurrence.

Examples of Refinancing Revolving Commitments in a sentence

• If the Borrower obtains any Refinancing Revolving Commitments, the Borrower shall, concurrently with the receipt thereof, terminate Revolving Credit Commitments in an equivalent amount.

• The terms of any Increased Commitments shall be the same as those of the Revolving Commitments or Extended Revolving Commitments, as applicable; provided that Refinancing Revolving Commitments may have a later maturity date than, and pricing and fees different from, those applicable to the Revolving Commitments and Extended Revolving Commitments.

• The applicable Borrowers will use the proceeds, if any, of the Refinancing Term Loans and Refinancing Revolving Commitments in exchange for, or to extend, renew, replace, repurchase, retire or refinance, and shall permanently terminate applicable commitments under, substantially concurrently, the applicable Refinanced Debt.

• Any Specified Refinancing Amendment may provide for the issuance of letters of credit for the account of the Borrower or any Restricted Subsidiary, or the provision to the Borrower of swing line loans, pursuant to any Specified Refinancing Revolving Commitments established thereby.

• Pursuant to Section 2.25 of the Credit Agreement, the Specified Refinancing Revolving Commitments and related Specified Refinancing Revolving Loans shall have the terms set forth in this Amendment and in the Amended Credit Agreement.

More Definitions of Refinancing Revolving Commitments

Refinancing Revolving Commitments means Incremental Revolving Commitments that are designated by a Responsible Officer of the Borrower as “Refinancing Revolving Commitments” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the date of incurrence; provided that (i) any Refinancing Revolving Commitments shall not be in a principal amount that exceeds the amount of Revolving Credit Commitments so refinanced, except to the extent a different incurrence basket pursuant to Section 7.03 is utilized plus an amount equal to any fees, expenses, commissions, underwriting discounts and premiums payable in connection with such Refinancing Revolving Commitments, (ii) to the extent applicable, such Refinancing Revolving Commitments shall be subject to an Acceptable Intercreditor Agreement, (iii) any Refinancing Revolving Commitment does not mature prior to the maturity date of or have scheduled amortization or commitment reductions prior to the maturity date of the Revolving Credit Commitments being refinanced, (iv) such Refinancing Revolving Commitments have solely the same guarantors and are secured solely by the same assets as the Revolving Credit Commitments being refinanced, (v) the terms and conditions of such Refinancing Revolving Credit Commitments (excluding pricing and optional prepayment or redemption terms or covenants or other provisions applicable only to periods after the Maturity Date of the Loans or Commitments being refinanced) shall reflect terms, taken as a whole, not materially more favorable to the lenders providing such Refinancing Revolving Commitments than the terms of such Revolving Credit Commitments being refinanced or are as otherwise reasonably acceptable to the Administrative Agent (except for covenants or other provisions (1) applicable only to periods after the final maturity date of such Revolving Credit Commitments existing at the time of such refinancing or (2) applicable prior to the final maturity date of such Revolving Credit Commitments existing at such time to the extent such terms and conditions are added for the benefit of such existing Revolving Credit Commitments, and such terms shall be automatically added for the benefit of such existing Revolving Credit Commitments) and (vi) if such Refinancing Revolving Credit Commitments contain any financial maintenance covenants, such covenants shall be added for the benefit of the Revolving Credit Lenders.

Refinancing Revolving Commitments means Commitments under the Refinancing Revolving Facilities.

Refinancing Revolving Commitments shall have the meaning given thereto in Section 2.13(a).

Refinancing Revolving Commitments means one or more tranches of Revolving Commitments hereunder that result from a Refinancing Revolving Amendment.

Refinancing Revolving Commitments as defined in Section 2.23(a).

Refinancing Revolving Commitments the revolving credit commitments hereunder that result from a Refinancing Amendment.

Refinancing Revolving Commitments as defined in Section 10.1(d).