Total Additional Revolving Commitment definition

Total Additional Revolving Commitment means the sum of the Additional Revolving Commitments of all the Additional Revolving Lenders.
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Total Additional Revolving Commitment means, at any time, the ------------------------------------- aggregate amount of the Additional Revolving Commitments, as in effect at such time, but not to exceed $75,000,000. The Total Additional Revolving Commitment on the Effective Date is $0.
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Total Additional Revolving Commitment means the sum of the Additional Revolving Commitments of all the Additional Revolving Lenders. “Total Commitment” shall mean the sum of the Commitments of all Lenders. “Total Credit Exposure” shall mean, at any date, the sum, without duplication, of (a) the Total Commitment at such date, (b) if any of the Total Revolving Commitments shall have terminated on or prior to such date, the sum of (i) the aggregate outstanding principal amount of all Revolving Loans, in respect
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Examples of Total Additional Revolving Commitment in a sentence

  • In the event and on each occasion that the aggregate principal amount of the outstanding Additional Revolving Loans exceeds the Total Additional Revolving Commitment, the U.S. Borrower shall prepay Additional Revolving Loans in an aggregate amount equal to such excess.

  • Effective in the case of each Standby L/C and Commercial L/C as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Lender, and each Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application, an L/C Participating Interest in a percentage equal to such Lender’s Total Revolving Commitment Percentage or Total Additional Revolving Commitment Percentage, as applicable.


More Definitions of Total Additional Revolving Commitment

Total Additional Revolving Commitment means an additional portion of the Total Revolving Loan Commitment under the Existing Credit Agreement in the principal amount of $2,500,000 made available to the Company pursuant to the Second Amendment to Existing Credit Agreement.
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Related to Total Additional Revolving Commitment

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.