Tranche A-1 Revolving Loans definition

Tranche A-1 Revolving Loans means the loans now or hereafter made by or on behalf of any Tranche A-1 Lender or by Administrative Agent for the account of any Tranche A-1 Lender on a revolving basis pursuant to the Credit Facility (involving advances, repayments and readvances) as set forth in Section 2.1(a)(ii) hereof.
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Tranche A-1 Revolving Loans has the meaning specified in Section 2.01(b).
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Tranche A-1 Revolving Loans means the Revolving Loans made by Tranche A-1 Lenders pursuant to Section 2.2.
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Examples of Tranche A-1 Revolving Loans in a sentence

  • Notwithstanding anything to the contrary contained herein, other than Swing Line Loans or Letter of Credit Accommodations, Borrowers shall not request any Tranche A Revolving Loans, and the Tranche A Lenders shall not be required to make any Tranche A Revolving Loans, unless and until the outstanding principal amount of the Tranche A-1 Revolving Loans at such time are equal to the lesser of the Tranche A-1 Borrowing Base or the Tranche A-1 Maximum Credit.

  • As described above, the DIP Orders and other DIP Loan Documents contemplate a “creeping” roll-up of the Tranche A-1 Revolving Loans and the Tranche A-2 Revolving Loans to commence upon entry of the Interim DIP Order, with the remainder of the Tranche A-1 Revolving Loans and the Tranche A-2 Revolving Loans to be rolled-up upon entry of the Final DIP Order.

  • Tranche A-1 Revolving Loans shall be solely Revolving Loans and all Letter of Credit Accommodations and Swing Line Loans shall be issued under the Tranche A Commitments and, with respect to Letter of Credit Accommodations, reserved against the Tranche A Borrowing Base as provided for in Section 2.4(d) hereof.

  • Commitments for JPM Roll-Up Borrowing: $10,000,000, consisting of the portion of the DIP Facility to be used to repay all amounts (including, without limitation, accrued and unpaid interest) outstanding under the Prepetition First Lien Credit Agreement consisting of Tranche A-1 Revolving Loans.

  • Tranche A-1 Revolving Loans shall not exceed the amount of such Lender’s Tranche A-1 Commitment, as the same may from time to time be amended in accordance with the provisions hereof.

  • If the then outstanding Term Loans have been repaid in full, mandatory and optional prepayments made shall be applied to repay then outstanding Tranche A-1 Revolving Loans and following such repayment, at the option of Borrower, which option shall be specified in the notice referred to in the first sentence of this paragraph, to repay Second Lien Loans.

  • For the avoidance of doubt, Tranche A-1 Revolving Loans shall not be used to prepay Second Lien Loans.

  • All such prepayments shall first be applied to Tranche A Revolving Loans until payment in full (and to Cash Collateralize any outstanding LC Obligations) and then to Tranche A-1 Revolving Loans.

  • Any such payments shall be applied first, to the Tranche A Revolving Loans and second, to the Tranche A-1 Revolving Loans.

  • Each Tranche A1 Revolving Loan shall be made as part of a Borrowing consisting of Tranche A1 Revolving Loans made by the Tranche Al Lenders ratably in accordance with their respective Tranche A1 Commitments.


More Definitions of Tranche A-1 Revolving Loans

Tranche A-1 Revolving Loans has the meaning specified in the Existing Loan Agreement.
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Related to Tranche A-1 Revolving Loans

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

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

  • New Revolving Loans as defined in Section 2.25.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

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

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Credit Loans as defined in Section 2.1.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.