Examples of Revolving Credit Facility Administrative Agent in a sentence
If Administrative Agent does not receive agreements from Lenders (or Additional Lenders) in an amount sufficient to fund the requested Incremental Revolving Credit Facility, Administrative Agent shall so notify the Borrower and the request for Incremental Revolving Credit Facility shall be deemed automatically rescinded; provided, the Borrower may submit a replacement Notice of Incremental Revolving Credit Facility setting forth different terms for the requested Incremental Revolving Credit Facility.
The Revolving Credit Facility Administrative Agent may resign at any time by giving written notice thereof to the other Agents, the Revolving Credit Lenders, the Swing Line Lender and the Borrower.
If the Borrower fails to so reimburse such L/C Issuer by such time, the Revolving Credit Facility Administrative Agent shall promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (the "Unreimbursed Amount"), and the amount of such Revolving Credit Lender's Pro Rata Share thereof.
The Revolving Credit Facility Administrative Agent shall remit the funds so received to the Swing Line Lender.
Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Request, the Swing Line Lender will confirm with the Revolving Credit Facility Administrative Agent (by telephone or in writing) that the Revolving Credit Facility Administrative Agent has also received such Swing Line Loan Request and, if not, the Swing Line Lender will notify the Revolving Credit Facility Administrative Agent (by telephone or in writing) of the contents thereof.
In such event, each Revolving Credit Lender's payment to the Revolving Credit Facility Administrative Agent for the account of such L/C Issuer pursuant to Section 2.03(c)(ii) above shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Revolving Credit Lender in satisfaction of its participation obligation under this Section 2.03.
Any notice given by the L/C Issuer or the Revolving Credit Facility Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing; provided that the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice.
Upon the sale or transfer of Equity Interests in any Subsidiary or Subsidiaries of a Loan Party permitted under clause (z) above, the Great Wolf Senior Secured Revolving Credit Facility Administrative Agent shall, upon the request of the Borrower, release such Subsidiary or Subsidiaries from the Guaranty.
The Revolving Credit Facility Administrative Agent may (and may direct the Collateral Agent to), from time to time after funds are deposited in any Cash Collateral Account, apply funds then held in such Cash Collateral Account to the payment of any amounts, in accordance with Section 2.08(c) or (d) (Mandatory Prepayments) and Section 2.13(g) (Payments and Computations), as shall have become or shall become due and payable by the Borrower to the L/C Issuer or Lenders in respect of the L/C Obligations.
The Company Parties shall host a weekly telephonic meeting with the DIP Agent, the Revolving Credit Facility Administrative Agent, the FLLO Ad Hoc Group, and Franklin to discuss whether to reject or assume any midstream contracts, and (if applicable) the strategy to renegotiate any midstream contracts.