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 (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.

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.

Examples of Revolving Sublimit in a sentence

• 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.

• No Revolving Commitment or Revolving Sublimit Commitment of any Lender shall be increased or otherwise affected by any such failure or rejection by any Lender.

• Any payments of principal of or interest on Lender Debt which would, but for this paragraph (e), be paid to any Lender, shall be paid to the Lenders who shall not be in default under their respective Revolving Commitments and who shall not have rejected any Revolving Commitment or any Revolving Sublimit Commitment, for application to Lender Debt or to provide Letter of Credit Cash Collateral in such manner and order (pro rata among such Lenders) as shall be determined by the Agent.

• In no event shall Overadvance Loans be required that would cause (i) the aggregate outstanding U.S. Revolving Loans and LC Obligations to exceed the aggregate Revolving Commitments, (ii) the aggregate outstanding Canadian Revolving Loans to exceed the aggregate Canadian Revolving Sublimit or (iii) the Aggregate Exposure to exceed the Aggregate Commitments.

• Revolving Loans may not be incurred as Acquisition Revolving Loans if after giving effect thereto the aggregate outstanding principal amount of Acquisition Revolving Loans would exceed the Acquisition Revolving Sublimit at such time.

More Definitions of Revolving Sublimit

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 (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,

Revolving Sublimit means $405,000,000; provided that the Revolving Sublimit shall be permanently reduced to $375,000,000 on July 16, 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, (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 $585,000,000, and shall be subject to increase in accordance with the provisions of Section 2.1.1.

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