Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).
Specified Existing Revolving Credit Commitment means any Existing Revolving Credit Commitments belonging to a Specified Existing Revolving Credit Commitment Class.
Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.15(a)(ii). The 2013 Revolving Credit Commitments shall be deemed to be the Specified Existing Revolving Credit Commitments from which the 2016 Revolving Credit Commitments were extended.
Examples of Specified Existing Revolving Credit Commitment in a sentence
Any Extended Revolving Credit Commitments of any Extension Series shall constitute a separate Class of revolving credit commitments from Existing Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Class and from any other Existing Revolving Credit Commitments (together with any other Extended Revolving Credit Commitments so established on such date).
Any Extended Revolving Credit Commitments of any Extension Series shall constitute a separate Class of revolving credit commitments from Existing Revolving Credit Commitments of the Specified Existing Revolving Credit Commitment Class and from any other Existing Revolving Credit Commitments.
More Definitions of Specified Existing Revolving Credit Commitment
Specified Existing Revolving Credit Commitment except (w) all or any of the final maturity dates of such Extended Revolving Credit Commitments may be delayed to later dates than the final maturity dates of the Specified Existing Revolving Credit Commitments, (x) (A) the interest rates, interest margins, rate floors, upfront fees, funding discounts, original issue discount and premiums with respect to the Extended Revolving Credit Commitments may be different than those for the Specified Existing Revolving Credit Commitments and/or (B) additional fees may be payable to the Lenders providing such Extended Revolving Credit Commitments in addition to or in lieu of any of the items contemplated by the preceding clause (A), (y) the undrawn revolving credit commitment fee rate with respect to the Extended Revolving Credit Commitments may be different than such rate for the Specified Existing Revolving Credit Commitment and (z) the Extension Amendment may provide for other covenants and terms that apply solely to any period after the Latest Maturity Date; provided that the amount of the Extended Revolving Credit Commitments and the principal amount of the Extended Revolving Credit Loans shall not exceed the amount of the Specified Existing Revolving Credit Commitments being extended and the principal amount of the related Existing Revolving Credit Loans being extended, respectively, and provided further that, notwithstanding anything to the contrary in this Section 2.15 or otherwise, (1) the borrowing and repayment (other than in connection with a permanent repayment and termination of commitments) of the Extended Revolving Credit Loans under any Extended Revolving Credit Commitments shall be made on a pro rata basis with any borrowings and repayments of the Specified Existing Revolving Credit Commitments (the mechanics for which may be implemented through the applicable Extension Amendment and may include technical changes related to the borrowing and repayment procedures of the applicable Credit Facility), (2) assignments and participations of Extended Revolving Credit Commitments and Extended Revolving Credit Loans shall be governed by the same assignment and participation provisions applicable to Revolving Credit Commitments and the Revolving Credit Loans related to such Commitments set forth in Section 13.6 and (3) subject to Section 4.2, Section 5.2(a)(iv), Section 5.2(e)(ii) and Section 10.1(y)(ii), permanent repayments of Old Revolving Credit Loans (and permanent reductions in Old Revolving Credit Comm...
Specified Existing Revolving Credit Commitment has the meaning set forth in Section 2.23(b).
Specified Existing Revolving Credit Commitment means any Existing Revolving Credit Commitments belonging to a Specified Existing Revolving Credit Commitment Class. “Specified Existing Revolving Credit Commitment Class” shall have the meaning provided in Section 2.15(a)(ii). “Specified GP Entities” shall mean the GP Entities other than any GP Entity that is a party to the Security Agreement, has executed a supplement to the Security Agreement or is required to become a party to the Security Agreement pursuant to Section 9.12. “Specified Representations” shall mean the representations and warranties set forth in Sections 8.1(a) (only with respect to the Borrower and the Guarantors), 8.2(a), 8.3(iii) (only with respect to the organizational existence of the Borrower and the Guarantors), 8.5, 8.7, 8.17, the second sentence of 8.19, 8.21 (subject to the final sentence of Section 6.5) and 8.22(iii), in each case after giving effect to the Transactions. “Specified Subsidiary” shall mean, at any date of determination, (a) in the case of Restricted Subsidiaries, (i) any Restricted Subsidiary whose total assets (when combined with the assets of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations) at the last day of the most recent Test Period ended on or prior to such date of determination were equal to or greater than 10% of the Consolidated Total Assets of the Borrower and the Restricted Subsidiaries at such date, (ii) any Restricted Subsidiary whose gross revenues (when combined with the gross revenues of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations) for such Test Period were equal to or greater than 10% of the consolidated gross revenues of the Borrower and the Restricted Subsidiaries for such period, in each case determined in accordance with GAAP or (iii) each other Restricted Subsidiary that, when such Restricted Subsidiary’s total assets or gross revenues (when combined with the total assets or gross revenues of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations) are aggregated with each other Restricted Subsidiary (when combined with the total assets or gross revenues of such Restricted Subsidiary’s Subsidiaries after eliminating intercompany obligations) that is the subject of an Event of Default described in Section 11.5 would constitute a “Specified Subsidiary” under clause (a)(i) or (a)(ii) above and (b) in the case of Unrestricted Subsidiaries,
Specified Existing Revolving Credit Commitment means any Existing Revolving Credit Commitments belonging to a Specified Existing Revolving Credit Commitment Class. “Specified Existing Revolving Credit Commitment Class” shall have the meaning provided in Section 2.15(b). “Specified Restructuring” shall mean any restructuring initiative, cost savings initiative, operating improvement or other similar strategic initiative of the Borrower or any of its Restricted Subsidiaries after the Closing Date described in reasonable detail in a certificate of an Authorized Officer delivered by the Borrower to the Administrative Agent. -87- #95203802v2296160609v3 #96160609v5
Specified Existing Revolving Credit Commitment means any Existing Revolving Credit Commitments belonging to a Specified Existing Revolving Credit Commitment Class. “Specified Existing Revolving Credit Commitment Class” shall have the meaning provided in Section 2.15(b). “Specified Restructuring” shall mean any restructuring initiative, cost savings initiative, operating improvement or other similar strategic initiative of the Borrower or any of its Restricted Subsidiaries after the Closing Date described in reasonable detail in a certificate of an Authorized Officer delivered by the Borrower to the Administrative Agent. “Specified Transaction” shall mean, with respect to any Test Period, the Transactions, any Investment (including Acquisitions), sale, transfer or other Disposition of assets or property, issuance or offering of Capital Stock, Incurrence, Refinancing, prepayment, redemption, repurchase, defeasance, acquisition similar payment, extinguishment, retirement or repayment of Indebtedness, Restricted Payment, Subsidiary designation, the implementation of any Run Rate Initiatives, any Tax Restructuring, provision of Incremental Term Loans, provision of Incremental Revolving Credit Commitment Increases, provision of Additional/Replacement Revolving Credit Commitments, creation of Extended Term Loans or Extended Revolving Credit Commitments or other event that, in any such case, by the terms of the Credit Documents requires pro forma compliance with a test or covenant hereunder or requires such test or covenant to be calculated on a pro forma basis. “Sponsors” shall mean, and including any successors, to the foregoing Xxxxxxx & Xxxxxxxx LLC, and its Affiliates and any funds, partnerships or other co-investment vehicles managed, advised or controlled by the foregoing or their respective Affiliates, but not including, however, any operating portfolio companies of any of the foregoing. “SPV” shall have the meaning provided in Section 13.6(c). “Standard Securitization Undertakings” shall mean representations, warranties, covenants, indemnities and guarantees of performance entered into by the Borrower or any Subsidiary of the Borrower which the Borrower has determined in good faith to be customary in a Receivables Financing, including, without limitation, those relating to the servicing of the assets of a Receivables Subsidiary, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Securitization Undertaking. “Stated Amount” of any Letter of Credit shall mean,...
Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii). “Specified Representations” shall mean the representations and warranties of the Borrowers set forth in Sections 8.1 (with respect to the organizational existence and good standing only of the Borrowers), Section 8.2 and Section 8.3(c). “Specified Transaction” shall mean, with respect to any period, any Investment (including a Permitted Acquisition), any asset sale, incurrence or repayment of Indebtedness, Restricted Payment, Subsidiary designation, New Term Loan, Incremental Revolving Credit Commitment, or other event or action that in each case by the terms of this Agreement requires Pro Forma Compliance with a test or covenant hereunder or requires such test or covenant to be calculated on a Pro Forma Basis. “Sponsor” shall mean any of KKR, Silver Lake and TCV VIII Management, L.L.C. and their Affiliates but excluding portfolio companies of any of the foregoing. “Sponsor Management Agreement” shall mean the management agreement between certain of the management companies associated with the Initial Investors and Holdings dated as of December 16, 2011. “Spot Rate” for any currency shall mean the rate determined by the Administrative Agent to be the rate quoted by the Administrative Agent as the spot rate for the purchase by the Administrative Agent of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is -77- made; provided that the Administrative Agent may obtain such spot rate from another financial institution designated by the Administrative Agent if it does not have as of the date of determination a spot buying rate for any such currency. “SPV” shall have the meaning provided in Section 13.6(g). “Stated Amount” of any Letter of Credit shall mean the maximum amount from time to time available to be drawn thereunder, determined without regard to whether any conditions to drawing could then be met; provided, however, that with respect to any Letter of Credit that by its terms or the terms of any Issuer Document provides for one or more automatic increases in the stated amount thereof, the Stated Amount shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. “Status” shall mean the existence of Level I Status, Leve...