Total Revolving Commitment Amount definition

Total Revolving Commitment Amount means the principal amount of Two Hundred Fifty Million Dollars ($250,000,000), or such other amount as shall be determined pursuant to Section 2.5 hereof.

Total Revolving Commitment Amount means the principal amount of Three Hundred Twenty-Five Million Dollars ($325,000,000), or such other amount as shall be determined pursuant to Section 2.5 hereof.

Total Revolving Commitment Amount means the principal amount of the Dollar Equivalent of One Hundred Fifty Million Dollars ($150,000,000), as such amount may be reduced pursuant to Section 2.10(e) hereof; provided, however, that, for the purposes of determining the Total Revolving Commitment Amount, Agent may, in its discretion, calculate the Dollar Equivalent of any Alternate Currency Loan on any Business Day selected by Agent.

Examples of Total Revolving Commitment Amount in a sentence

• If the Revolving Credit Exposure at any time exceeds the Total Revolving Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all Revolving Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Revolving Credit Commitments of the Banks.

• After each such reduction, the commitment fees payable hereunder shall be calculated upon the Total Revolving Commitment Amount as so reduced.

• Any increase in the Total Revolving Commitment Amount may be made in an amount that is less than the increase requested by Borrower if Borrower is unable to arrange for, or chooses not to arrange for, Augmenting Lenders, in the full amount.

• Subject to the terms and conditions of this Agreement, during the Commitment Period, the Banks shall make a Revolving Loan or Revolving Loans to Borrower in such amount or amounts as Borrower may from time to time request, but not exceeding in aggregate principal amount at any time outstanding hereunder the Total Revolving Commitment Amount, when such Revolving Loans are combined with the Letter of Credit Exposure.

• On the effective date of any increase in the Total Revolving Commitment Amount in accordance with this Section 2.5, Schedule 1 hereto shall be deemed automatically amended to reflect the new Revolving Credit Commitments and Commitment Percentages of each Bank.

More Definitions of Total Revolving Commitment Amount

Total Revolving Commitment Amount. The sum of (a) the Revolving (A) Commitment Amount, plus (b) the Revolving (B) Commitment Amount.

Total Revolving Commitment Amount. The sum of the Revolving Commitment Amounts.

Total Revolving Commitment Amount means Six Hundred Million Dollars ($600,000,000), as reduced from time to time pursuant to Section 2.5.

Total Revolving Commitment Amount means (i) One Hundred Seven Million Five Hundred Thousand Dollars ($107,500,000) at all times prior to the Sixth Amendment Effective Date and (ii) Seventy Seven Million Five Hundred Thousand Dollars ($77,500,000) on and at all times after the Sixth Amendment Effective Date, with such reduction being applied on a pro rata basis to each Revolving Lender’s Revolving Credit Commitment; as such amount may be adjusted from time to time in accordance with this Agreement.

Total Revolving Commitment Amount means Eight Hundred Twenty Five Million Dollars ($825,000,000), as reduced from time to time pursuant to Section 2.5 or 2.7.

Total Revolving Commitment Amount means, at any time, the aggregate amount of the Revolving Credit Commitments of all Lenders in effect from time to time. As of the Closing Date, the Total Revolving Commitment Amount is $50,000,000.

Total Revolving Commitment Amount means the principal amount of Three Hundred Twenty-Five Million Dollars ($325,000,000), or such other amount as shall be determined pursuant to Section 2.5 hereof. “Treasury Regulations” means final and temporary regulations promulgated under the Code. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unrestricted Cash” shall mean, as of any date of determination, the lesser of (a) the aggregate amount of unrestricted cash and Cash Equivalents held by Borrower, any Guarantors of Payment (excluding any Foreign Subsidiaries) and the Insurance Subsidiary in deposit accounts in the United States, as of such date and (b) $15,000,000. “U.S. Person” shall mean any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. “U.S. Special Resolution Regime” shall have the meaning provided in Section 10.23(a) hereof. “U.S. Tax Compliance Certificate” shall have the meaning provided in Section 3.2 hereof. “USA Patriot Act” shall mean the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT Act) Act of 2001. “Voting Power” shall mean, with respect to any Person, the exclusive ability to control, through the ownership of shares of capital stock, partnership interests, membership interests or otherwise, the election of members of the board of directors or other similar governing body of such Person, and the holding of a designated percentage of Voting Power of a Person means the ownership of shares of capital stock, partnership interests, membership interests or other interests of such Person sufficient to control exclusively the election of that percentage of the members of the board of directors or similar governing body of such Person. “Welfare Plan” shall mean an ERISA Plan that is a “welfare plan” within the meaning of ERISA Section 3(l).