Revolving Term Lender definition

Revolving Term Lender means any Lender with a Revolving Term Commitment.
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Revolving Term Lender or "REVOLVING TERM LENDERS" means the Lender or Lenders having a Revolving Term Loan Commitment or a Revolving Term Loan outstanding.
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Revolving Term Lender s Revolving Term Loan Commitment shall expire on the Revolving Term Loan Commitment Termination Date and all Revolving Term Loans and all other amounts owed hereunder with respect to the Revolving Term Loans and the Revolving Term Loan Commitments shall be paid in full no later than that date; provided that each Revolving Term Lender's Revolving Term Loan Commitment shall expire immediately and without further action on the earlier of the date of consummation of the IPO and November 15, 1996 if the Term Loans are not made on or before such earlier date. Amounts borrowed under this subsection 2.1A(ii) may be repaid and reborrowed to but excluding the Revolving Term Loan Commitment Termination Date. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the aggregate principal amount of all outstanding Revolving Term Loans at any time exceed the Revolving Term Loan Commitments then in effect.
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Examples of Revolving Term Lender in a sentence

  • Immediately upon the issuance of each Letter of Credit, each Revolving Term Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder, without recourse or warranty, in an amount equal to such Revolving Term Lender’s Pro Rata Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • In such event, each Revolving Term Lender’s payment to the Administrative Agent for the account of the Issuing Lender pursuant to Section 2.7(c)(ii) shall be deemed payment in respect of its participation in such Letter of Credit Borrowing and shall constitute a Participation Advance from such Revolving Term Lender in satisfaction of its participation obligation under this Section 2.8.

  • On the Second Amendment Effective Date, each Revolving Term Lender shall be deemed to have converted a portion of the Revolving Term Loans held bysuch Revolving Term Lender to a Term C Advance hereunder in an amount equal to such Revolving Term Lender’s Term C Commitment Amount.

  • Each Revolving Term Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the Letter of Credit Issuer shall not have any responsibility to obtain any document (other than any sight draft and certificates expressly required by such Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document.

  • Borrower will pay Revolving Term Lender, on the first day of each calendar quarter in arrears, an unused commitment fee equal to 50 basis points (0.50%) per annum of the daily average un-drawn amount of the Revolving Commitment Amount during the applicable calendar quarter throughout the Revolving Credit Availability Period.

  • If the Letter of Credit Issuer shall not have obtained reimbursement for any drawing under a Letter of Credit (whether from the Borrower or as proceeds of a Borrowing), upon demand of the Administrative Agent each Revolving Term Lender shall immediately advance the amount of its participation in such drawing to the Letter of Credit Issuer and shall be entitled to interest on such participating interest at the Default Rate until reimbursed in full by the Borrower.

  • Revolving Term Lender is willing to provide a revolving commitment, subject to the terms and conditions hereof.

  • Assignee: [and is [a Specified Permitted Lender] [a [Revolving] [Term] Lender] [an Affiliate/Approved Fund of [Identify Lender]]]1 1 Select as applicable.

  • XxXxxxxx Title: Authorized Signatory KZH-ING-1 LLC By:/s/ Xxxxx Xxxx ---------------------------------- Name: Xxxxx Xxxx Title: Authorized Agent SCHEDULE I Commitments ----------- Revolving Term Lender Credit Commitment Loan Commitment ------ ------------------- --------------------- The Chase Manhattan Bank $ 41,000,000.00 $ 62,500,000.00 First Union National Bank 37,000,000.00 4,000,000.00 Bank of Montreal 37,000,000.00 4,000,000.00 CIBC Inc.

  • Responsibilities of individuals include: Employees should: • report any absence from work to the Human Resources Department in accordance with the College’s Reporting Absence Notification Procedure outlined in section 5.0; • cooperate with reasonable requests to attend Occupational Health for assessments to enable management to make informed decisions in the best interests of the employee and the College.


More Definitions of Revolving Term Lender

Revolving Term Lender means a Lender with a Revolving Term --------------------- Commitment or, if the Revolving Term Commitments have terminated or expired, a Lender with Revolving Term Exposure.
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Revolving Term Lender means a Lender that has a Revolving/Term Commitment.
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Related to Revolving Term Lender

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.