Revolving Credit Specified Percentage definition

Revolving Credit Specified Percentage means, as to any Lender, the percentage indicated beside its name on Schedule 1 hereto as its Revolving Credit Specified Percentage, or as adjusted or specified in any amendment to this Agreement or in any Assignment Agreement.
Revolving Credit Specified Percentage. Facility A Term Loan Specified Percentage", "Facility B Term Loan Specified Percentage" or "Facility C Term Loan Specified Percentage" or "Total Specified Percentage"; or (viii) amend the definition of "Maturity Date" or otherwise extend the Maturity Date; (b) without the consent of the Administrative Agent, if it would alter the rights, duties or obligations of the Administrative Agent; or (c) without the consent of the Issuing Bank, if it would alter the rights, duties or obligations of the Issuing Bank. Notwithstanding anything in this Agreement to the contrary, no amendment, waiver or consent (a) that changes the allocations of payments between the Facility A Term Loan Advances, the Facility B Term Loan Advances and the Facility C Term Loan Advances may be made without the express written consent of the following: the Lenders holding more than 50% of all outstanding Facility A Term Loan Advances, the Lenders holding at least 50% of all outstanding Facility B Term Loan Advances, and the Lenders holding at least 50% of all outstanding Facility C Term Loan Advances, or (b) with respect to SECTION 2.5(c), 2.5(d), or 2.5(e) shall be made without the consent of any combination of Lenders whose Total Specified Percentages aggregate at least 66-2/3%. Neither this Agreement nor any term hereof may be amended orally, nor may any provision hereof be waived orally but only by an instrument in writing signed by the Administrative Agent and, in the case of an amendment, by the Borrower.
Revolving Credit Specified Percentage means, as to any Lender, the percentage obtained by dividing such Lender's portion of the Revolving Credit Commitment (or Revolving Credit Advances owing to such Lender after the Revolving Credit Commitment has terminated) by the Revolving Credit Commitment (or to the aggregate principal amount of Revolving Credit Advances after the Revolving Credit Commitment has terminated), which percentage for each Lender existing on the Agreement Date shall be set forth on Schedule 1.1(b) hereto.

Examples of Revolving Credit Specified Percentage in a sentence

  • All Revolving Credit Advances shall be made by each Lender according to its Revolving Credit Specified Percentage.

  • In the event that a payment under any Letter of Credit is not reimbursed by the Borrower by 11:00 a.m. (Dallas time) on the first Business Day after notice of such drawing has been given by the Issuing Bank to the Borrower, the Issuing Bank shall promptly notify Administrative Agent and each other Lender which has a Revolving Credit Specified Percentage.

  • Each Lender severally agrees, upon the terms and subject to the conditions of this Agreement, to make Revolving Credit Advances to the Borrower from time to time in an aggregate amount not to exceed its Revolving Credit Specified Percentage of the Revolving Credit Commitment less its Revolving Credit Specified Percentage of the aggregate amount of all Reimbursement Obligations then outstanding (assuming compliance with all conditions to drawing).

  • Xxxxxxx, Xx. Attorney-In-Fact LENDERS: NATIONSBANK OF TEXAS, N.A., as a Lender, Swing Line Bank and Issuing Bank Revolving Credit Specified Percentage: 17.931034473% Facility A Term Loan Specified By: /s/ XXXXXX X.

  • However, the financial statement presentation shows the bond proceeds clearly for the purpose of capital expenditures.

  • Government should project/plan for mega project such as hydropower project, roads and highway, railway, etc.

  • Each Lender shall, not later than 12:30 p.m., Dallas, Texas time, on the date of any Advance that is not a Refinancing Advance, deliver to the Administrative Agent, at its address set forth herein, such Lender's Revolving Credit Specified Percentage, Facility A Term Loan Specified Percentage, Facility B Term Loan Specified Percentage or Facility C Term Loan Specified Percentage, as the case may be, of such Advance in immediately available funds in accordance with the Administrative Agent's instructions.

  • Schedule I ROYALTON COMPANY (PIMCO) Revolving Credit Specified Percentage 0% Facility A Term Loan Specified Percentage 0% Facility B Term Loan Specified Percentage 2.123187565% Total Specified Percentage 1.652779461% Home Interiors and Gifts, Inc.

  • Section 7.10(d) Material Contracts....................................................................Section 2.1(j) Merger......................................................................................

  • The making of such Revolver Advance shall be automatic and without any requirement of compliance with the conditions of Articles 2 and 3 hereof (including, without limitation, any provision of Section 2.1(a)(i) hereof limiting a Lender's obligation to make Revolving Credit Advances in excess of its Revolving Credit Specified Percentage of the Revolving Credit Commitment).


More Definitions of Revolving Credit Specified Percentage

Revolving Credit Specified Percentage set forth in Section 1.1 of the Credit Agreement is hereby amended to read as follows:
Revolving Credit Specified Percentage means, as to any Lender, the percentage indicated besides its name or SCHEDULE 1 hereto as its Revolving Credit Specified Percentage, or as adjusted or specified in any amendment to this Agreement or in any Assignment Agreement.

Related to Revolving Credit Specified Percentage

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Total Revolving Credit Exposure means, as to any Revolving Credit Lender at any time, the unused Revolving Credit Commitments and the Revolving Credit Exposure of such Revolving Credit Lender at such time.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standby Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.