Tranche A Revolving Credit Facility definition

Tranche A Revolving Credit Facility means, at any time, the aggregate amount of the Tranche A Revolving Credit Lenders’ Tranche A Revolving Credit Commitments at such time.
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Tranche A Revolving Credit Facility means that certain $50 million Revolving Credit Facility, by and among Systems, certain of its affiliates and the lender parties thereto (excluding Stonington), the form of which shall be Filed on or before the Confirmation Date and which is referenced in the Lock-Up Agreement.
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Tranche A Revolving Credit Facility shall have the meaning assigned to such term in the preliminary statements.
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Examples of Tranche A Revolving Credit Facility in a sentence

  • Each Borrower shall repay the aggregate principal amount of its Swing Line Loans on the earlier to occur of (i) the date five (5) Business Days after such Loan is made and (ii) the Maturity Date for the Tranche A Revolving Credit Facility.

  • Notwithstanding the foregoing, only the Required Class Lenders in respect of each of the Tranche A Revolving Credit Facility and the Class A Term Loans shall have the ability to waive, amend, supplement or modify the covenant set forth in Section 7.11 (or the defined terms to the extent used therein but not as used in any other Section of this Agreement) or Section 8.01 (solely as it relates to Section 7.11).

  • Each such reduction of the Revolving Credit Facilities shall be applied ratably first to the Tranche A Revolving Credit Facility and second to the Tranche B Revolving Credit Facility.

  • The Tranche A Revolving Credit Facility may include one or more Swing Line Loans and one or more Letters of Credit from time to time.

  • The Tranche A Swingline Facility is not independent of the Tranche A Revolving Credit Facility.

  • Upon execution and delivery of the Security Agreement Joinder and the Designation Certificates, the Obligations in respect of the Tranche A Revolving Credit Facility shall constitute “Priority Lien Obligations” (under and as defined in the Security Agreement) and the Obligations in respect of the Tranche B Revolving Credit Facility shall constitute “Pari Passu Payment Lien Obligations” (under and as defined in the Security Agreement).

  • The Tranche A Revolving Credit Facility may include one or more Letters of Credit (as defined below) from time to time.

  • Each such prepayment shall be applied ratably first (on and after January 31, 1999) to the Tranche B Term Out Amount and to the installments thereof pro rata, second to the Tranche B Revolving Credit Facility, and third, to the Tranche A Revolving Credit Facility as set forth in clause (v) below.

  • Prior to the Scheduled Tranche A Revolving Termination Date, the Borrower may elect to make optional prepayments under the Tranche A Revolving Credit Facility that do not constitute permanent reductions of Commitments thereunder to repay the Tranche A Revolving Credit Loans only.

  • If at any time after the Tranche A Revolving Credit Facility Termination Date the sum of the aggregate principal amount of all of the Tranche B Revolving Credit Exposures exceeds the aggregate Tranche B Revolving Commitment, the Borrowers shall immediately repay Tranche B Revolving Loan Borrowings in an aggregate principal amount sufficient to cause the aggregate principal amount of all Tranche B Revolving Credit Exposures to be less than or equal to the aggregate Tranche B Revolving Commitment.


More Definitions of Tranche A Revolving Credit Facility

Tranche A Revolving Credit Facility means the Tranche A Revolving Loans, the Swingline Loans and the Letters of Credit provided or participated in by the Tranche A Lenders to the Borrower pursuant to this Agreement and the other Loan Documents.
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Tranche A Revolving Credit Facility means the facility described in Section 2.1(a) hereof providing for Loans to the Borrower by the Lenders in the aggregate principal amount of up to the Total Tranche A Commitment.
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Tranche A Revolving Credit Facility means the credit facility comprising the Tranche A Revolving Credit Commitments of all of the Tranche A Revolving Credit Lenders.
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Tranche A Revolving Credit Facility means, the Tranche A Revolving Commitments and the extensions of credit hereunder by the Tranche A Revolving Lenders.
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Related to Tranche A Revolving Credit Facility

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

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

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

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

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

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

  • 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.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

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

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

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • 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.

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

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).