Revolving Creditor definition

Revolving Creditor means each Revolving Lender, each L/C Issuer, the Revolver Agent and L/C Issuers, each Secured Swap Provider who is also (or was also at the time of execution and delivery of the applicable Rate Contract) a Revolving Lender (or an Affiliate of a Revolving Lender), each Secured Cash Management Provider who is also (or was also at the time of execution and delivery of the applicable Cash Management Agreement) a Revolving Lender (or an Affiliate of a Revolving Lender), and, to the extent its claim arises in connection with the Revolving Credit Facility, each other Indemnitee and holder of an Obligation of a Credit Party.

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Revolving Creditor means each Revolving Lender, the Swing Line Lender, each Issuing Bank, the Revolver Agent and, to the extent its claim arises in connection with the credit facility evidenced by the Revolving Commitments, each other Indemnitee and holder of an Obligation of a Loan Party.

Revolving Creditor means each Revolving Credit Lender, the Swingline Lender, each L/C Issuer, and to the extent its claims arises in connection with the Revolving Credit Facility, each other Indemnitee and holder of a Revolving Credit Obligation of a Loan Party, including Secured Hedging Counterparties. “Revolving Loan” has the meaning specified in Section 2.1(a). “S&P” means Standard & Poor’s Rating Services. “Sale and Leaseback Transaction” means, with respect to any Person (the “obligor”), any Contractual Obligation or other arrangement with any other Person (the “counterparty”) consisting of a lease by such obligor of any property that, directly or indirectly, has been or is to be Sold by the obligor to such counterparty or to any other Person to whom funds have been advanced by such counterparty based on a Lien on, or an assignment of, such property or any obligations of such obligor under such lease. “Scheduled Maturity Date” means the later of the Scheduled Revolving Credit Termination Date, the Term Loan Maturity Date and each Incremental Term Loan Maturity Date. “Scheduled Revolving Credit Termination Date” means May 11, 2023. “Screen Rate” has the meaning specified in the definition of “Eurodollar Base Rate”. “Second Amendment” means the Second Amendment dated as of April 1, 2019, to this Agreement, among Holdings, the Borrower, the other Loan Parties party thereto, the Administrative Agent and the Lenders party thereto. “Second Amendment Effective Date” means April 1, 2019. “Second Amendment Incremental Term Loans” means the Incremental Term Loans provided pursuant to the Second Amendment. “Secured Hedging Agreement” means any Hedging Agreement that (a) has been entered into with a Secured Hedging Counterparty, (b) in the case of a Hedging Agreement not entered into with or provided or arranged by the Administrative Agent or an Affiliate of the Administrative Agent, is 45 [[3901999]]

Examples of Revolving Creditor in a sentence

No Revolving Creditor shall seek in any Insolvency Proceeding to be treated as part of the same class of creditors as the Term Loan Creditors or the Existing Notes Creditors or shall oppose any pleading or motion for the Revolving Creditors, the Existing Notes Creditors and the Term Loan Creditors to be treated as separate classes of creditors.
For the avoidance of doubt, this Clause 3.2 shall not prohibit the Revolving Lenders from taking, accepting or receiving the benefit of any Security, guarantee, indemnity or other assurance against loss in respect of the Revolving Creditor Liabilities if the same is not capable of being granted in support of some or all of the Liabilities of the other Secured Parties.
If a court order or other legal process compels a Revolving Creditor to disgorge or return any payment or Collateral proceeds, or any portion thereof, applied to the Revolving Obligations, this Agreement will be reinstated to the extent of the amount returned or disgorged.
The CONTRACTOR shall remedy within the following two (2) weeks at least those Major Defects that preclude acceptance, after which the CLIENT and the CONTRACTOR shall proceed to do it new visit and complete a new check list with the Minor Defects so the CLIENT could sign the corresponding PAC and attach to it the list of pending matters.
Nothing in the preceding sentence shall be construed to impose any duty on the Revolving Agent or the Term Loan Agent (or any third party acting on either such Person’s behalf) with respect to such Collateral or provide the Term Loan Agent, any other Term Loan Creditor, the Revolving Agent or any other Revolving Creditor, as applicable, with any rights with respect to such Collateral beyond those specified in this Agreement, the Revolving Credit Documents and the Term Credit Documents, as applicable.
Each Term Loan Creditor agrees that it will not contest the validity, perfection, priority or enforceability of any Lien of Revolving Agent granted pursuant to the Revolving Creditor Agreements on any property of Borrower to the extent such Liens secure the Revolving Loan Debt.
Nothing in this Agreement shall restrict the Senior Creditors, the Super Senior Creditors and the providers of the additional Revolving Creditor Liabilities from agreeing the ranking of their respective senior claims among themselves.
Nothing in this Agreement shall restrict the Senior Creditors and the providers of the additional Revolving Creditor Liabilities from agreeing the ranking of their respective senior claims among themselves.
Term Loan Creditors hereby acknowledge that Revolving Loan Agent has been granted a Lien for the benefit of itself and the Revolving Loan Lenders upon the Collateral pursuant to the Revolving Creditor Agreements to secure the Revolving Loan Debt.
No Revolving Creditor shall seek in any Insolvency Proceeding to be treated as part of the same class of creditors as the Term Loan Creditors or shall oppose any pleading or motion for the Revolving Creditors and the Term Loan Creditors to be treated as separate classes of creditors.

More Definitions of Revolving Creditor

Revolving Creditor. “Conforming Revolving Lender DIP Financing,” “Revolving Loans,” “Springing Control Agreement,” “Swingline Advance,” “Swingline Loan Limit,” “Conforming Term Lender DIP Financing,” and “Waterfall Trigger Event;” (H) shorten the maturity or weighted average life to maturity of the Term Loans or require that any payment on the Term Loans be made earlier than the date originally scheduled for such payment; or (I) reduce the principal amount of any Loan or reduce the rate of interest thereon (provided, the cash pay interest amount may not be reduced by more than 50% without all directly affected Lenders), or reduce any fees payable hereunder (including any Prepayment Premium); and

Revolving Creditor means any one of the Revolving Agent or any Revolving Lender and "Revolving Creditors" means the Revolving Agent and the Revolving Lenders, collectively.