Revolving Extension Election definition

Revolving Extension Election has the meaning specified in Section 2.15(c).
Revolving Extension Election has the meaning set forth in Section 2.18(b).
Revolving Extension Election has the meaning set forth in Section 2.10(c). “Revolving Extension Minimum Condition” means a condition to consummating any extension of a minimum amount (to be determined and specified in the relevant Revolving Loan Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes to be submitted for extension. “Revolving Lenders” means (a) the Persons listed on Annex I with a Revolving Commitment, (b) any Person that shall have become a party hereto as a Revolving Lender pursuant to an Assignment and Assumption, and (c) any Person that shall have become a party hereto as an Additional Revolving Lender pursuant to Section 2.06(c), other than, in each case, any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption. Unless the context otherwise requires, the term “Lenders” includes the Swingline Lender. “Revolving Loans” has the meaning set forth in Section 2.01(a), and, shall include, unless the context otherwise requires, the Swingline Loans. “Revolving Loan Extension Period” has the meaning set forth in Section 2.10(a). “Revolving Loan Extension Request” has the meaning set forth in Section 2.10(a). “Revolving Loan Extension Series” has the meaning set forth in Section 2.10(a). “Revolving Maturity Date” means the date that is the earlier to occur of (a) July 1, 2027 and (b) the date on which the Revolving Commitments are terminated in full pursuant to this Agreement. “S&P” means S&P Global Ratings and any successor thereto that is a nationally recognized rating agency. “Sanctioned Country” means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (including, as of the Fourth Amendment Effective Date, the so- called Donetsk People’s Republic, the so-called Luhansk People’s Republic, the Crimea, Zaporizhzhia and Kherson Regions of Ukraine, Cuba, Iran, North Korea and Syria). “Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by OFAC, the U.S. Department of State, or by the United Nations Security Council, the European Union, any European Union member state, His Majesty’s Treasury of the United Kingdom or other relevant sanctions authority, (b) any Person operating,

Examples of Revolving Extension Election in a sentence

  • In the event that the aggregate portion of the Existing Class subject to Revolving Extension Elections exceeds the amount of the Extended Class requested pursuant to the Revolving Extension Request, the portion of the Existing Class converted shall be allocated on a pro rata basis based on the amount of the Existing Class included in each such Revolving Extension Election.


More Definitions of Revolving Extension Election

Revolving Extension Election has the meaning specified in Section 2.17(b). “Revolving Extension Request” has the meaning specified in Section 2.17(a). “Revolving Extension Series” has the meaning specified in Section 2.17(a). “Revolving Loan” has the meaning specified in Section 2.1(a)(i) and shall include for the avoidance of any doubt all Revolving Loans made under an Incremental Revolving Amendment and any Revolving Extension Amendment. “Revolving Loan Cap” means, at any time, the lesser of (a) the Revolving Borrowing Base at such time and (b) the Aggregate Revolving Credit Commitments at such time. “S&P” means Standard & Poor’s Rating Services and any successor thereto. “Same Day Funds” means (a) with respect to disbursements and payments in Dollars, immediately available funds, and (b) with respect to disbursements and payments in an Alternative Currency, same day or other funds as may be determined by the Administrative Agent or the applicable Issuer, as the case may be, to be customary in the place of disbursement or payment for the settlement of international banking transactions in the relevant Alternative Currency. “Sanctions” means any sanction administered or enforced by the United States Government (including without limitation, OFAC), the United Nations Security Council, the - 84 -

Related to Revolving Extension Election

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Term Loan Election has the meaning specified in Section 2.06.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Revolving Maturity Date means April 22, 2024 (or, with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted Amendment, the extended maturity date, set forth in any such Loan Modification Agreement).

  • Initial Revolving Credit Maturity Date means the date that is five years after the Closing Date.

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Extension limitation means (a) the lesser of 5% or the

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the fifth anniversary of the Closing Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 8.1.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).