Tranche 2 Revolving Credit Commitment definition

Tranche 2 Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Tranche 2 Revolving Credit Loans to the Borrower pursuant to Section 2.01(e), (b) purchase participations in L/C Obligations in respect of Letters of Credit and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount of (i) in the case of an Amendment No. 4 Converting Lender, such Lender’s Converted Revolving Credit Commitment, (ii) in the case of an Additional Tranche 2 Revolving Credit Lender, as set forth in the Amendment No. 4 Joinder Agreement, or (iii) following the Amendment No. 4 Effective Date, 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 (including Section 2.14 and Section 10.07(b)). The aggregate Tranche 2 Revolving Credit Commitments of all Revolving Credit Lenders shall be $192,500,000 on the Amendment No. 4 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
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Tranche 2 Revolving Credit Commitment means with respect to each Lender, the commitment, if any, of such Lender to make Tranche 2 Revolving Credit Loans and to acquire participations in Letters of Credit, expressed as an amount representing the maximum possible aggregate amount of such Xxxxxx’s Tranche 2 Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) increased from time to time pursuant to Section 2.14. The initial amount of each Lender’s Tranche 2 Revolving Credit Commitment on the Post-Conversion Amendment No. 3 Effective Date is set forth on Schedule 2.01 to the Post-Conversion Amendment No. 3, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche 2 Revolving Credit Commitment, as the case may be. The aggregate amount of the Lenders’ Tranche 2 Revolving Credit Commitments on the Post-Conversion Amendment No. 3 Effective Date is $850,000,000.
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Tranche 2 Revolving Credit Commitment means, as to each Tranche 2 Revolving Credit Lender, its obligation to (a) make Tranche 2 Revolving Credit Loans to the Borrower pursuant to Section 2.01(a)(ii), (b) purchase Tranche 2 L/C Participations in respect of Letters of Credit, (c) purchase Tranche 2 Swing Line Participations and (d) purchase Tranche 2 Protective Advance Participations in Protective Advances, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth, and opposite such Lender’s name on Schedule 2.01C under the caption “Tranche 2 Revolving Cre- dit Commitment” 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. The aggregate Tranche 2 Revolving Credit Commitments of all Tranche 2 Revolving Credit Lenders shall be $7,500,000 on the Closing Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
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Examples of Tranche 2 Revolving Credit Commitment in a sentence

  • Tranche 2 Revolving Credit Commitment: $ (or such lesser amount as notified to such Lender in writing by the Administrative Agent).

  • The undersigned Revolving Credit Lender hereby agrees to provide a Tranche 2 Revolving Credit Commitment in the amount set forth below as of the Amendment No. 4 Effective Date.


More Definitions of Tranche 2 Revolving Credit Commitment

Tranche 2 Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Tranche 2 Revolving Credit Loans to the Borrower pursuant to Section 2.01(e), (b) purchase participations in L/C Obligations in respect of Letters of Credit and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount of (i) in the case of
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Tranche 2 Revolving Credit Commitment a Revolving Credit Commitment of an Extending Revolving Credit Lender, which shall be treated as a “Tranche 2 Revolving Credit Commitment” on and after the Amendment No. 1 Effective Date in accordance with subsection 3.1(d).
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Tranche 2 Revolving Credit Commitment means, with respect to each Tranche 2 Revolving Credit Lender, its Dollar Revolving Credit Sub-Commitment and/or its Multicurrency Revolving Credit Sub-Commitment, if any.
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Tranche 2 Revolving Credit Commitment means, with respect to each Revolving Lender, the commitment of such Revolving Lender to make Tranche 2 Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed in each case as an amount representing the maximum principal amount of such Revolving Lender’s Revolving Credit Exposure of such Tranche hereunder, as the same may be reduced from time to time pursuant to the provisions of this Agreement.
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Related to Tranche 2 Revolving Credit Commitment

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (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 under the caption “Revolving Credit Commitment” or opposite such caption 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.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Extended Revolving Credit Commitments shall have the meaning provided in Section 2.14(g)(ii).

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.