Revolving Loan Extension Request has the meaning given that term in Section 2.13.(b)(i).
Revolving Loan Extension Request and together with any Term Loan Extension Request, each an “Extension Request”) setting forth the proposed terms of the Extended Revolving Commitments to be established, which shall be on terms to be agreed between the Borrower and any Lender providing Extended Revolving Commitments; provided, however, that (w) all or any of the final maturity dates of such Extended Revolving Commitments shall be delayed to later dates than the final maturity dates of the Existing Revolving Commitments, (x) (A) the interest margins with respect to the Extended Revolving Commitments may be higher or lower than the interest margins for the Existing Revolving Commitments and/or (B) additional fees and premiums may be payable to the Lenders providing such Extended Revolving Commitments in addition to or in lieu of any increased margins contemplated by the preceding clause (A) and (y) the revolving credit commitment fee rate with respect to the Extended Revolving Commitments may be higher or lower than the revolving credit commitment fee rate for the Existing Revolving Commitment; provided that, notwithstanding anything to the contrary in this Section 2.12 or otherwise, (1) the borrowing and repayment (other than in connection with a permanent repayment and termination of commitments) of Loans with respect to any Extended Revolving Commitments shall be made on a pro rata basis with all other Revolving Commitments and (2) assignments and participations of Extended Revolving Commitments and Extended Revolving Loans shall be governed by the same assignment and participation provisions applicable to Revolving Commitments and the Revolving Loans related to such Commitments set forth in Section 10.4. No Lender shall have any obligation to agree to have any of its Revolving Loans or Revolving Commitments of any Existing Revolving Class converted into Extended Revolving Loans or Extended Revolving Commitments pursuant to any Revolving Loan Extension Request. Each Extended Revolving Commitment shall be deemed for all purposes a Revolving Commitment and, each Loan made under an Extended Revolving Commitment shall be deemed, for all purposes, Revolving Loans. Any Extended Revolving Commitments of any Extension Series shall constitute a separate Class of Revolving Commitments from the Existing Revolving Commitments and from any other Revolving Commitments (together with any other Extended Revolving Commitments so established on such date).
Revolving Loan Extension Request shall have the meaning provided in Section 2.25(a)(ii).
Examples of Revolving Loan Extension Request in a sentence
The Agent shall forward to each Revolving Loan Lender a copy of the Revolving Loan Extension Request delivered to the Agent promptly upon receipt thereof.
The Borrower may exercise such right only by executing and delivering to the Agent at least 90 days prior to the current Revolving Loan Termination Date, a Revolving Loan Extension Request.
No Lender shall have any obligation to agree to have any of its Revolving Commitments or Revolving Loans converted into Extended Revolving Commitments or Extended Revolving Loans, as applicable, pursuant to any Revolving Loan Extension Request.
The Administrative Agent shall notify the Revolving Lenders if it receives a Revolving Loan Extension Request promptly upon receipt thereof.
More Definitions of Revolving Loan Extension Request
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,
Revolving Loan Extension Request is defined in Section 2.23(a).