Total Extended Revolving Credit Commitment definition
Total Extended Revolving Credit Commitment means the sum of all Extended Revolving Credit Commitments of all Lenders under each Extension Series.
Total Extended Revolving Credit Commitment means the sum of all Extended Revolving Credit Commitments of all Lenders under each Extension Series. “Total Incremental Term Loan Commitment” shall mean the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans. “Total Initial Term Loan Commitment” shall mean the sum of the Initial Term Loan Commitments of all the Lenders. “Total Revolving Credit Commitment” shall mean, on any date, the sum of the Revolving Credit Commitments on such date of all the Revolving Credit Lenders. “Transaction Expenses” shall mean any fees or expenses incurred or paid by the Sponsors, the Borrower, any of their Subsidiaries or any of their Affiliates in connection with the Transactions, this Agreement and the other Credit Documents and the transactions contemplated hereby and thereby. “Transactions” shall mean, collectively, (a) the payment and consummation of the Closing Date Refinancing, (b) the entering into of the Agreement, the other Credit Documents, and funding of the Loans on the Closing Date and the consummation of the other transactions contemplated by this Agreement and the other Credit Documents, (c) the payment of Transaction Expenses and (d) the consummation of any other transactions in connection with the foregoing (including all or any of those contemplated by the recitals to this Agreement). “Transferee” shall have the meaning provided in Section 13.6(f). “Transformative Transaction” shall mean any merger, Acquisition, Disposition, dissolution, consolidation, recapitalization or Investment, in any such case by the Borrower or any Restricted Subsidiary that (a) is not permitted by the terms of this Agreement immediately prior to the consummation of such transaction, (b) solely in the case of a Transformative Transaction that is a merger, Acquisition, Disposition or Investment, involves consideration in excess of the lesser of (x) $27,500,000 and (y) 25.0% of Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the Test Period most recently ended on or prior to the date such transaction occurs (measured as of such date) based upon the Internal Financial Statements most recently available on or prior to such date or (c) if permitted by the terms of this Agreement immediately prior to the consummation of such transaction, would not provide the Restricted Group with adequate flexibility under this Agreement for the continuation and/or expansion of thei...
Total Extended Revolving Credit Commitment means, at any time, the aggregate amount of the Extended Revolving Credit Commitments, as in effect at such time. The Total Extended Revolving Credit Commitment as of the Amendment No. 1 Closing Date is $250,000,000.241,250,000.
Examples of Total Extended Revolving Credit Commitment in a sentence
Such Fronting Fees shall be due and payable quarterly in arrears on the last day of each March, June, September and December and on the date upon which the Total Extended Revolving Credit Commitment terminates and the Letter of Credit Outstandings shall have been reduced to zero.
In the case of any Revolving Credit Loan, at the time of the applicable Credit Event the Extended Revolving Credit Exposures shall be equal to no less than the Total Extended Revolving Credit Commitment.
Such Letter of Credit Fees shall be due and payable quarterly in arrears on the last day of each March, June, September and December and on the date upon which the Total Extended Revolving Credit Commitment terminates and the Letter of Credit Outstandings shall have been reduced to zero.
More Definitions of Total Extended Revolving Credit Commitment
Total Extended Revolving Credit Commitment means the sum of all Extended Revolving Credit Commitments of all Lenders under each Extension Series. “Total Incremental Term Loan Commitment” shall mean the sum of the Incremental Term Loan Commitments of all the Lenders providing Incremental Term Loans. “Total Leverage Ratio” shall mean, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the most recently ended Test Period on or prior to such date of determination to (b) Consolidated EBITDA for such Test Period. “Total Revolving Credit Commitment” shall mean, on any date, the sum of the Revolving Credit Commitments on such date of all the Revolving Credit Lenders. “Transaction Expenses” shall mean any fees or expenses incurred or paid by the Borrower or any of its Restricted Subsidiaries in connection with the Transactions and the Amendment No. 5