Revolving Indebtedness definition

Revolving Indebtedness means, collectively, all obligations of the Borrower to the Revolving Lenders and the Revolving Administrative Agent under the Revolving Credit Facility and the other Loan Documents (as defined in the Existing Revolving Credit Agreement), including in each case in respect of the principal of and interest on the loans made thereunder, and all fees, indemnification payments and other amounts whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Revolving Administrative Agent or the Revolving Lenders or any of them under or in respect of the Existing Revolving Credit Agreement and the other Loan Documents (as defined in the Existing Revolving Credit Agreement), and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower, whether or not such interest or expenses are allowed as a claim in such proceeding.

Revolving Indebtedness means Indebtedness incurred by the Parent or any of its Subsidiaries owing under the Revolving Credit Agreement and the other Revolving Loan Documents.

Revolving Indebtedness means all Indebtedness and other “Obligations” (as defined in the Revolving Credit Agreement) incurred by the “Administrative Borrower ” (as defined in the Revolving Credit Agreement) and its Subsidiaries under the Revolving Indebtedness Documents from time to time.

Examples of Revolving Indebtedness in a sentence

• See also Van der Tas (1988); Tay and Parker (1990); Archer, Delvaille, and McLeay (1995); Morris and Parker (1998, 2001); and Taplin (2004, 2010, 2011, 2017).

• The DIP Superpriority Claims granted hereunder to the Roll Up DIP Secured Parties shall be immediately junior in priority and subject to the DIP Superpriority Claims of the other DIP Secured Parties.For the avoidance of doubt, no DIP Superpriority Claim shall be paid from any of the ABL Priority Collateral or any proceeds therefrom until all Revolving Indebtedness up to the Revolving Indebtedness Cap shall have been Indefeasibly Paid.(n) Priority of DIP Liens and DIP Superpriority Claims.

• For the avoidance of doubt, no fees, costs, expenses, charges, or interest payable pursuant to this subparagraph shall be payable from the ABL Priority Collateral or any proceeds therefrom until all Revolving Indebtedness up to the Revolving Indebtedness Cap shall have been Indefeasibly Paid.

• The amounts paid prior to the Carve-Out Trigger Notice shall not reduce the Post- Default Carve-Out Cap and shall not be paid from any ABL Priority Collateral or proceeds therefrom until all Revolving Indebtedness up to the Revolving Indebtedness Cap shall have been Indefeasibly Paid.

• For the avoidance of doubt, no ABL Priority Collateral or any proceeds therefrom shall be used to fund the Carve-Out Account until all Revolving Indebtedness up to the Revolving Indebtedness Cap shall have been Indefeasibly Paid.

More Definitions of Revolving Indebtedness

Revolving Indebtedness means (i) the Revolving Loan Facility and (ii) any revolving Indebtedness of any Company under any Other Loan Agreement.

Revolving Indebtedness means, collectively, all obligations of the Borrower to the Revolving Lenders and the Revolving Administrative Agent under the Revolving Credit Facility and the other Loan Documents (as defined in the Revolving Credit Agreement), including in each case in respect of the principal of and interest on the loans made thereunder, and all fees, indemnification payments and other amounts whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Revolving Administrative Agent or the Revolving Lenders or any of them under or in respect of the Revolving Credit Agreement and the other Loan Documents (as defined in the Revolving Credit Agreement), and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower, whether or not such interest or expenses are allowed as a claim in such proceeding.

Revolving Indebtedness means, collectively, all obligations of the Borrower to the Revolving Lenders and the Revolving Administrative Agent under the Revolving Credit Facility and the other Revolving Loan Documents, including in each case in respect of the principal of and interest on the loans made thereunder, and all fees, indemnification payments and other amounts whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Revolving Administrative Agent or the Revolving Lenders or any of them under or in respect of the other Revolving Loan Documents, and including all interest and expenses accrued or incurred subsequent to the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower, whether or not such interest or expenses are allowed as a claim in such proceeding.

Revolving Indebtedness means indebtedness incurred in the Ordinary Course of Business in respect of the Companies’ revolving credit facilities with Transportation Alliance Bank, Inc. and Wells Fargo Bank.

Revolving Indebtedness means, collectively, all obligations of the Borrower to the Revolving Lenders and the Revolving Administrative

Revolving Indebtedness means the amount of Indebtedness that is outstanding pursuant to the Revolver.

Revolving Indebtedness has the meaning set forth in the definition of Assumed Liabilities.