Revolver Commitment Increase definition

Revolver Commitment Increase as defined in Section 2.1.7(a).
Revolver Commitment Increase shall have the meaning assigned to such term in Section 2.22(a).
Revolver Commitment Increase as defined in Section 2.1.8(a). U.S. Revolver Commitment Termination Date: the earliest of (a) the Facility Termination Date, (b) the date on which the Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the Dollar Equivalent of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations (excluding amounts specified in clause (c) of such definition) on such date. U.S. Revolver Loan: a Revolver Loan made by a U.S. Lender to the U.S. Borrower pursuant to Section 2.1.1(a), and any U.S. Swingline Loan, which Loan shall be denominated in Dollars and shall be either a U.S. Base Rate Loan or a LIBORTerm SOFR Loan, in each case as selected by Loan Party Agent, and any U.S. Overadvance Loan and any Protective Advance made by the Agent as a U.S. Base Rate Revolver Loan pursuant to Section 2.1.6. U.S. Revolver Notes: the promissory notes, if any, executed by the U.S. Borrower in favor of each U.S. Lender to evidence the U.S. Revolver Loans funded from time to time by such U.S. Lender, which shall be in the form of Exhibit A-2, together with any replacement or successor notes therefor. U.S. Secured Hedging Obligations: all U.S. Hedging Obligations owing to any U.S. Facility Secured Party and with respect to which the applicable U.S. Domiciled Loan Party and the U.S. Facility Secured Party shall have delivered (except in the case of the Agent or any Affiliate of the Agent), at or prior to the time that the Hedging Agreement relating to such obligation is entered into or, if later, at the time that such U.S. Facility Secured Party becomes a party to this Agreement, written notice to the Agent (which notice shall be supplemented on a monthly basis or more frequently as the Agent may reasonably request) that such a transaction has been entered into, that it constitutes a U.S. Secured Hedging Obligation entitled to the benefits of the Security Documents, and of the Hedging Termination Value with respect to such U.S. Secured Hedging Obligations as of such date. U.S. Secured Hedging Reserves: the aggregate amount of reserves, as established by the Agent from time to time in its commercially reasonable credit judgment, to reflect the reasonably anticipated U.S. Secured Hedging Obligations then provided or outstanding. U.S. Security Agreement: col...

Examples of Revolver Commitment Increase in a sentence

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  • Between May of 2005 and April of 2006, the NLRB sent seven letters to MHAC and Precision requesting information and documentation to determine whether they had complied with its order.

  • The hospital has 4000 staff members, and 1500 patients are registered daily, including 280 casualties and 100 in-patients.

  • If any requested Revolver Commitment Increase is agreed to in accordance with this Section 2.2, Agent and Borrowers shall determine the effective date of such Revolver Commitment Increase (the “Commitment Increase Effective Date”).

  • Two inspec- tion modules were also proposed to check the connectivity and con- sistency of PFM based on the Subspace Connective Graph (SCG).

  • Subject to the terms and conditions hereof, at any time after the Closing Date and up to the Revolver Commitment Termination Date, provided that no Default or Event of Default has occurred and is continuing, Borrowers may request that the Lenders increase the Revolver Commitments up to an aggregate amount of $625,000,000 (each such commitment increase, a “ Revolver Commitment Increase”) by notifying Agent and each Lender of the amount of the proposed Revolver Commitment Increase.

  • Notwithstanding anything in this Agreement to the contrary, no Revolver Commitment Increase shall require the approval of any Lender other than any Lender (if any) providing all or part of the Revolver Commitment Increase, no Lender shall be required to provide all or part of any Revolver Commitment Increase unless it agrees to do so in its sole discretion, and no Revolver Commitment Increase shall be in an amount less than $10,000,000.

  • If the conditions set forth in clause (c) above are not satisfied on the applicable Increase Date (or, to the extent such conditions relate to an earlier date, such earlier date), the Agent shall notify such Loan Party Agent in writing that the requested Revolver Commitment Increase will not be effectuated.

  • It being understood that the increase in the Revolver Commitments represented by such amendment to Schedule 1.1 is not deemed to be a Revolver Commitment Increase as set forth in Section 2.2 of the Loan Agreement.(o) Titles.

  • The Lenders shall have 15 Business Days to respond to any request for a Revolver Commitment Increase (by notice to Borrowers and Agent) and may elect to accept all, a portion or none of their respective Pro Rata shares of the proposed Revolver Commitment Increase.


More Definitions of Revolver Commitment Increase

Revolver Commitment Increase as defined in Section 2.1.8(a). U.S. Revolver Commitment Termination Date: the earliest of (a) the Facility Termination Date, (b) the date on which the Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the Dollar Equivalent of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations (excluding amounts specified in clause (c) of such definition) on such date. U.S. Revolver Loan: a Revolver Loan made by a U.S. Lender to the U.S. Borrower pursuant to Section 2.1.1(a), and any U.S. Swingline Loan, which Loan shall be denominated in
Revolver Commitment Increase as defined in Section 2.1.4(a)(i). Revolver Commitment Increase Notice: as defined in Section 2.1.4(a)(ii). Revolver Loan: a U.S. Revolver Loan, a Canadian Revolver Loan or a German Revolver Loan. Revolver Note: a U.S. Revolver Note or a Canadian Revolver Note. Revolver Termination Date: with respect to Revolver Loans, (x) February 15, 2019 or (y) October 17, 2019 if the Revolver Termination Date Conditions have been satisfied on or prior to February 14, 2019, or, with respect to any Extended Revolving Commitment or Extended Revolving Loan, the date agreed to in the applicable Extension pursuant to Section 2.1.9. Revolver Termination Date Conditions: all outstanding Existing Secured Notes Debt shall have been repaid, refinanced (solely with indebtedness having a maturity date at least 91 days after the date set forth in clause (y) of the definition of “Revolver Termination Date”), redeemed or otherwise defeased or discharged prior to the maturity date of such Existing Secured Notes Debt in effect as of the date hereof.

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