Revolver Amendment definition

Revolver Amendment means that certain Amendment No. 1 to the Revolving Credit Agreement, dated as of February 23, 2015.

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Revolver Amendment means an amendment to the First Lien Credit Agreement which permits inter alia the incurrence of the Indebtedness hereunder and the terms thereof, and the granting of the liens on the Collateral with the priority contemplated in the Loan Documents, in each case, in a manner reasonably acceptable to the Administrative Agent.

Revolver Amendment has the meaning assigned to such term in the definition of “Senior Credit Facilities.”

Examples of Revolver Amendment in a sentence

Other than the fees paid in connection with the Revolver Amendment (as defined below) as previously disclosed by the Company to the Noteholders prior to the First Amendment Effective Date, no fee or other consideration was or will be paid to the administrative agent or any of the lenders party to the SunTrust Agreement, the SunTrust Loan Facility Agreement or the RIMCO Agreement in connection with the Bank Amendments (as defined below).
The Administrative Agent acknowledges that, subject to the satisfaction of the conditions described in Section 3 hereof, the Administrative Agent has consented to the amendment to the definition of “Availability Block” under the Revolving Credit Agreement as such amendment is set forth in the Sixth Revolver Amendment, pursuant to the terms of that certain letter by the Administrative Agent to the annexed hereto as Exhibit B.
Such consent relates only to the terms set forth in the Third Revolver Amendment attached hereto as Exhibit B and shall not be deemed to constitute a continuing consent to any other amendment to the Revolving Credit Agreement for which the consent of the Term Loan Agent is required pursuant to the terms of the Intercreditor Agreement.
Pursuant to the provisions of Section 7.1(ii) of the Intercreditor Agreement, the consent of the Term Loan Agent is required to effect certain of the amendments set forth in the Third Revolver Amendment.
Each of Holdings and the Borrower shall, and cause each of its Restricted Subsidiaries to use the proceeds of the Advances (a) to directly or indirectly consummate the Initial Acquisition, (b) to pay the fees, costs and expenses incurred in connection with this Agreement, the Initial Acquisition, the Revolver Amendment and the other transactions contemplated hereby, and (c) to provide ongoing working capital and for other general corporate purposes of the Borrower and its Restricted Subsidiaries.

More Definitions of Revolver Amendment

Revolver Amendment means the amendment of the Revolving Credit Agreement to, among other things, (a) provide for an exception to the application of the “Change of Control” definition as it would otherwise apply to the consummation of the transactions contemplated by this Agreement, and (b) reduce the aggregate commitments thereunder to One Billion One Hundred Million Dollars ($1,100,000,000).

Revolver Amendment has the meaning specified in Section 4.01(i).

Revolver Amendment means an amendment to the First Lien Credit Agreement which permits inter alia the incurrence of the Indebtedness hereunder and the terms hereof, and the granting of the liens on the Collateral with the priority contemplated in the Loan Documents, in each case, in a manner reasonably acceptable to the Administrative Agent.

Revolver Amendment means an amendment (including pursuant to an amendment and restatement) to the Agreement on terms and conditions reasonably satisfactory to all parties hereto, the purpose of which is to convert the Loans into revolving credit loans, which amendment shall cause the Lenders to assume a commitment to re-lend hereunder (subject to the draw conditions herein) up to the aggregate principal amount of Loans then outstanding.

Revolver Amendment means, collectively, (i) that certain Amendment No. 1 to the Credit Agreement, and (ii) that certain Incremental Amendment to the Credit Agreement, in each case, to be dated as of the Consummation Date and providing for amendments to the Revolver to effectuate the Transactions, in the forms attached hereto at Exhibits F-1 and F-2, respectively, and as otherwise mutually satisfactory to the Required Supporting Noteholders and the Company.

Revolver Amendment means the amendment of the Company’s Amended and Restated Credit Agreement dated as of October 5, 2018 (as amended from time to time), among Northern Oil and Gas, Inc., as Borrower, Royal Bank of Canada, as Administrative Agent, and the Lenders party thereto from time to time (the “Credit Agreement”) on terms reasonably satisfactory to the Backstop Parties, which shall include an increase of the aggregate commitments thereunder to not less than $800.0 million.

Revolver Amendment has the meaning set forth in Section 6.12(a).