Revolving Facility Commitments definition

Revolving Facility Commitments means, with respect to any Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans and purchase participations in L/C Obligations and Swingline Loans, in each case as such commitment may be reduced or increased from time to time pursuant to Section 2.09, Section 9.04, Section 2.22, Section 2.23, Section 2.24 or otherwise in accordance with this Agreement. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance, Additional Credit Extension Amendment or other applicable definitive documentation pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitment as of the Closing Date is $200,000,000. The Revolving Facility Commitments include the Additional Revolving Commitments, Extended Revolving Commitments and Replacement Revolving Commitments.

Revolving Facility Commitments means, with respect to any Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(c), as such commitment may be (a) reduced from time to time pursuant to Section 2.09, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased as provided under Section 2.22. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance or Additional Credit Extension Amendment pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitment as of the Closing Date is $125,000,000. The Revolving Facility Commitments include the Additional Revolving Commitments, Extended Revolving Commitments and Replacement Revolving Commitments.

Revolving Facility Commitments shall have the meaning assigned to such term in the Existing Revolver Credit Agreement.

Examples of Revolving Facility Commitments in a sentence

• At the time that each ABR Revolving Facility Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided, that an ABR Revolving Facility Borrowing may be in an aggregate amount that is equal to the entire unused available balance of the Revolving Facility Commitments or that is required to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e).

• Upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Extended Term Loans and/or Extended Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e).

• Each party hereto hereby agrees that, upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitments and/or Incremental Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e).

• Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Revolving Facility Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

• Each reduction of the Revolving Facility Commitments shall be made ratably among the Lenders in accordance with their respective Revolving Facility Commitments.

More Definitions of Revolving Facility Commitments

Revolving Facility Commitments means a Revolving Facility A Commitment, a Revolving Facility B Commitment, a Revolving Facility C Commitment, a Revolving Facility D Commitment a Revolving Facility E Commitment, a Revolving Facility F Commitment or a Revolving Facility G Commitment.

Revolving Facility Commitments means the “Commitments” as such term is defined in the Revolving Credit Agreement.

Revolving Facility Commitments means the 2018 Revolving Facility Commitments, the 2020 Revolving Commitments, any Incremental Revolving Facility Commitments and/or any Replacement Revolving Facility Commitments, as the context may require.

Revolving Facility Commitments means the collective reference to the Current Asset Revolving Facility Commitments and the Fixed Asset Revolving Facility Commitments.

Revolving Facility Commitments shall be deemed a reference to the New Revolving Commitments contemplated hereby and (ii) “Revolving Facility Loans” shall be deemed a reference to New Revolving Loans contemplated hereby, as the case may be, except as the context may otherwise require.

Revolving Facility Commitments means, in relation to an Original Lender, the amount set forth opposite its name in Schedule 11 (Facilities, Tranches and Commitments) in respect of the Revolving Facility, or, in relation to any other Lender, such amount assigned to it under this Agreement in respect of the Revolving Facility; to the extent not cancelled, reduced or assigned by it under this Agreement.

Revolving Facility Commitments. (as defined in the Existing Credit Agreement) shall be redesignated as Revolving Facility Commitments hereunder as set forth on Schedule 2.01; and (ii) the Existing Letters of Credit which remain outstanding on the Closing Date shall continue as Letters of Credit under (and shall be governed by the terms of) this Agreement.