Tranche 2 Revolving Credit Lender definition

Tranche 2 Revolving Credit Lender means a Lender with a Tranche 2 Revolving Credit Commitment or, if the Tranche 2 Revolving Credit Commitments have terminated or expired, a Lender with Tranche 2 Revolving Credit Exposure.
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Tranche 2 Revolving Credit Lender means, at any time, any Lender that has a Tranche 2 Revolving Credit Commitment at such time (including Additional Tranche 2 Revolving Credit Lenders) or, if the Tranche 2 Revolving Credit Commitments have terminated, Revolving Credit Exposure.
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Tranche 2 Revolving Credit Lender any Lender with a Tranche 2 Revolving Commitment.
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Examples of Tranche 2 Revolving Credit Lender in a sentence

  • Upon any reduction of the Tranche 2 Revolving Credit Commitments, the Tranche 2 Revolving Credit Commitments of each Tranche 2 Revolving Credit Lender shall be reduced by such Tranche 2 Revolving Credit Lender’s Tranche 2 Applicable Percentage of such reduction amount.

  • The Tranche 2 Applicable Adjusted Percentage of each Tranche 2 Revolving Credit Lender shall adjust automatically whenever a Lender Default occurs or ceases to exist.

Related to Tranche 2 Revolving Credit Lender

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • 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.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • 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.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • 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.