Revolving Extension Election definition

Revolving Extension Election has the meaning specified in Section 2.15(c).
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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 -
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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,
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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.

Related to Revolving Extension Election

  • Revolving Loan Maturity Date means April 15, 2012, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

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

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.