Supplemental Revolving Credit Commitments definition

Supplemental Revolving Credit Commitments means the obligation of the Supplemental Revolving Lenders to make deposits in their respective Supplemental Revolving Credit Linked Accounts in accordance with this Agreement and to permit such deposits to be used to fund Supplemental Revolving Loans and support Supplemental Revolving Letters of Credit as provided in this Agreement.
Supplemental Revolving Credit Commitments is defined in Section 1.5 hereof.
Supplemental Revolving Credit Commitments has the meaning set forth in Section 2.21.

Examples of Supplemental Revolving Credit Commitments in a sentence

  • No partial terminations of the Acquisition Financing Commitments may be made below the Supplemental Revolving Credit Commitments then in effect, unless the Supplemental Revolving Credit Commitments are concurrently reduced by a like amount.

  • During the Revolving Credit Commitment Period the Company may use the Supplemental Revolving Credit Commitments by borrowing, prepaying the Supplemental Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

  • Any such ---- ----- reduction shall be in an amount equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof and shall reduce permanently the Supplemental Revolving Credit Commitments then in effect.

  • Each borrowing under the Supplemental Revolving Credit Commitments shall be in an amount equal to (A) in the case of Base Rate Loans, $1,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if the then aggregate Available Supplemental Revolving Credit Commitments are less than $1,000,000, such lesser amount) and (B) in the case of Eurodollar Loans, $10,000,000 or a whole multiple of $1,000,000 in excess thereof.

  • The Company shall have the privilege upon 1 Business Day's prior notice to the Agent (which shall promptly notify the Lenders) to ratably terminate the Revolving Credit Commitments and/or the Acquisition Financing Commitments and/or the Supplemental Revolving Credit Commitments in whole or in part (but if in part then in the amount of $500,000 or such greater amount which is an integral multiple of $500,000) and upon payment of any prepayment premium required by the terms of the following sentence.


More Definitions of Supplemental Revolving Credit Commitments

Supplemental Revolving Credit Commitments has the meaning set forth in Section 2.21. “Tax Affiliate” means, with respect to any Person, (a) any Subsidiary of such Person, and (b) any Affiliate of such Person with which such Person files consolidated, combined or unitary tax returns. “Tax Sharing Agreement” means any tax sharing agreement between Parent and Borrower entered into on or prior to the Closing Date, as the same may be amended, restated, supplemented, waived or otherwise modified from time to time in. “Taxes” means any and all present or future income, stamp or other taxes, levies, imposts, duties, charges, fees, deductions or withholdings (including penalties and interest with respect thereto), now or hereafter imposed, levied, collected, withheld or assessed by any Governmental Authority. “Term Loan” means an Initial Term Loan, an Incremental Term Loan, an Extended Term Loan and a Specified Refinancing Term Loan, and “Term Loans” means all of them, collectively. “Term Loan Borrowing” means Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments. “Term Loan Commitment” means an Initial Term Loan Commitment or an Incremental Term Commitment, and “Term Loan Commitments” means all of them, collectively. “Term Loan Facility” means the Initial Term Loan Facility, any Incremental Term Facility, any Extended Term Tranche or any Specified Refinancing Term Loan Facility, and “Term Loan Facilities” means all of them, collectively. “Term Loan Lender” means, at any time, any Lender that is an Initial Term Loan Lender, an Additional Lender under an Incremental Term Facility, an Extending Lender under an Extended Term Tranche or a Specified Refinancing Lender providing Specified Refinancing Term Loans.

Related to Supplemental Revolving Credit Commitments