Revolving Sublimit definition

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower, $150,000,000 and (vi) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility.

Revolving Sublimit means (i) with respect to the Canadian Borrower, $100,000,000; and (ii) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility.

Revolving Sublimit means (a) during the Interim Period, an aggregate amount not to exceed $31,500,000; provided that, notwithstanding anything to the contrary set forth herein, the proceeds of any Revolving Advances made during the Interim Period may only be used by the Parent and its Subsidiaries to satisfy their obligations under the 6.5% Convertible Senior Notes arising as a result of any holder thereof exercising its right to require the Parent to purchase such Notes, and (b) thereafter, in an aggregate amount not to exceed $150,000,000; provided that, notwithstanding anything to the contrary set forth herein, if the Interim Period terminates prior to December 30, 2010, $31,500,000 of the Revolving Sublimit shall be reserved, at any time following the date of such termination and on or prior to December 30, 2010, solely for the Revolving Advances the proceeds of which will be used by the Parent and its Subsidiaries to satisfy their obligations under the 6.5% Convertible Senior Notes arising as a result of any holder thereof exercising its right to require the Parent to purchase such Notes.

Examples of Revolving Sublimit in a sentence

• Section 2.12(a) of the Existing Credit Agreement is amended and restated in its entirety as follows: (a) Each Borrower agrees to pay to the Lender a commitment fee, which shall accrue at the Applicable Rate on the daily amount of the Available Revolving Commitment of the Lender with respect to the Revolving Sublimit of such Borrower during the period from and including the Effective Date to but excluding the date on which the Lender’s Commitment terminates.

• The Grace Period starts from the date on which the Revolving Sublimit / its part was used and ends with the end date of the period in which the Revolving Sublimit / its part was granted on preferential terms in accordance with the terms of the Instrument.

• For Revolving Sublimit and Installment Purchase Sublimit, when calculating the Interest for using the Loan, the actual number of days per month (according to the calendar) is taken into account, with the year being taken as equal to three hundred and sixty calendar days.

• This Note is one of the promissory notes originated to evidence Credit Extensions under the Revolving Facility and the Non- Revolving Sublimit in the Loan Agreement.

• The Payment period for Revolving Sublimit is calculated from the first day of the calendar month following the Accounting Period and ends on the last day of the given calendar month.

More Definitions of Revolving Sublimit

Revolving Sublimit means $440,000,000; provided that (i) from the Closing Date through December 31, 2008, the aggregate amount of outstanding Loans shall not exceed $425,000,000, and (ii) the Revolving Sublimit shall be permanently reduced to $415,000,000 on July 1, 2009.

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000,

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower, $150,000,000 and (vi) with respect to any Additional Foreign Borrower that is a Borrower

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower, $150,000,000 and (vi) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility. “Sale and Lease-Back Transaction” means any arrangement with any Per- son providing for the leasing by the U.S. Borrower or any Restricted Subsidiary of any real or tangible personal property, which property has been or is to be sold or transferred by the U.S. Borrower or such Restricted Subsidiary to such Person in contemplation of such leasing. “S&P” means Standard & Poor’s Financial Services LLC, a division of the XxXxxx-Xxxx Companies, Inc., and any successor to its rating agency business.

Revolving Sublimit means the Company Sublimit, the CTWS Sublimit, the SJWC Sublimit and/or the SJWTX Sublimit, as the context shall require.

Revolving Sublimit means, as to each Lender, an amount equal to one-third (1/3) of its Revolving Commitment. On the date hereof, the aggregate Revolving Sublimit is equal to $50,000,000.

Revolving Sublimit means $585,000,000, and shall be subject to increase in accordance with the provisions of Section 2.1.1.2.