Revolving Extension Series definition

Revolving Extension Series has the meaning provided in Section 2.16(2).

Revolving Extension Series has the meaning assigned to such term in Section 2.21(e).

Revolving Extension Series means all Extended Revolving Credit Commitments that are established pursuant to the same Revolver Extension Agreement (or any subsequent Revolver Extension Agreement to the extent such Revolver Extension Agreement expressly provides that the Extended Revolving Credit Commitments provided for therein are intended to be a part of any previously established Revolving Extension Series) and that provide for the same interest margins, extension fees, if any, and amortization schedule.

Examples of Revolving Extension Series in a sentence

• After giving effect to any Extended Revolving Commitment, all borrowings under the Revolving Commitments (including any such Extended Revolving Commitments) and repayments thereunder shall be made on a pro rata basis (except for (x) any payments of interest and fees at different rates on any Revolving Extension Series (and related Loans thereunder) and (y) repayments required upon the applicable Revolving Credit Maturity Date of other Revolving Commitments).

• After giving effect to any Extended Revolving Credit Commitment, all borrowings under the Revolving Credit Commitments (including any such Extended Revolving Credit Commitment) and repayments thereunder shall be made on a pro rata basis (except for (x) any payments of interest and fees at different rates on any Revolving Extension Series (and related outstandings) and (y) repayments required upon the applicable Revolving Credit Termination Date of other Revolving Credit Commitments).

• In connection with the foregoing, Schedule 1.01(b) attached hereto shall be updated to reflect each applicable Revolving Extension Series, in a manner reasonably satisfactory to the Administrative Agent.

• Each Revolving Extension Series of Extended Revolving Credit Commitments incurred under this Section 2.17 shall be in an aggregate principal amount equal to not less than 50% of the aggregate Revolving Credit Commitments outstanding at the time such Extended Revolving Credit Commitments become effective.

• After giving effect to any Extended Revolving Commitment, all borrowings under the Revolving Commitments (including any such Extended Revolving Commitments) and repayments thereunder shall be made on a pro rata basis (except for (x) any payments of interest and fees at different rates on any Revolving Extension Series (and related Loans thereunder), (y) repayments required upon the applicable Maturity Date of other Revolving Commitments and (z) except as otherwise expressly set forth herein).

• The 2021 Extended Revolving Commitments shall (x) constitute a Revolving Extension Series for all purposes of the Amended Credit Agreement, (y) constitute a separate class from the Existing Revolving Commitments and (z) have terms identical to those applicable to the Existing Revolving Commitments, except that the Maturity Date applicable to such 2021 Extended Revolving Commitments shall be October 31, 2023.

• After giving effect to 100 any Extended Revolving Commitment, all borrowings under the Revolving Commitments (including any such Extended Revolving Commitments) and repayments thereunder shall be made on a pro rata basis (except for (x) any payments of interest and fees at different rates on any Revolving Extension Series (and related Loans thereunder), (y) repayments required upon the applicable Maturity Date of other Revolving Commitments and (z) except as otherwise expressly set forth herein).

• In connection with the foregoing, Schedule 2.01 attached hereto shall be updated to reflect each applicable Revolving Extension Series, in a manner reasonably satisfactory to the Administrative Agent.

More Definitions of Revolving Extension Series

Revolving Extension Series shall have the meaning assigned to such term in Section 2.24(b) (Extension of Term Loans and Revolving Commitments).

Revolving Extension Series has the meaning assigned to such term in Section 2.21(e). “Revolving Lender” means each Lender that has a Revolving Commitment or that holds Revolving Credit Exposure.

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 -