Tranche A Revolving Credit Loans definition

Tranche A Revolving Credit Loans as defined in subsection 2.1(a).
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Tranche A Revolving Credit Loans has the meaning specified in Section 2.01(b).
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Tranche A Revolving Credit Loans as to any Existing Lender, the Tranche A Revolving Credit Loans made by such Existing Lender under the Existing Credit Agreement.
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Examples of Tranche A Revolving Credit Loans in a sentence

  • The Tranche A Revolving Credit Loans may be (i) Eurodollar Loans, (ii) Alternate Base Rate Loans or (iii) a combination thereof, as determined by the Company and notified to the Agent in accordance with subsection 2.1(c).

  • During the Commitment Period the Company may use the Tranche A Commitments by borrowing, prepaying the Tranche A Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

  • For the avoidance of doubt all Letters of Credit outstanding prior to the Fifth A&R Effective Date shall remain outstanding thereafter and all Tranche A Revolving Credit Loans shall be repaid and redrawn on the Fifth A&R Effective Date.

  • Such fee shall be allocated between the Tranche A Revolving Credit Loan Banks and the Tranche B Revolving Credit Loan Banks based on such Banks earning a commission equal to the Applicable Revolving Margin for Tranche A Revolving Credit Loans and the Applicable Re-volving Margin for Tranche B Revolving Credit Loans, respectively, and then ratably in proportion to their Total Exposures.

  • Each borrowing of Tranche A Revolving Credit Loans shall be made by each Tranche A Revolving Credit Lender pro rata based on such Lender's Tranche A Revolving Credit Commitment Percentage.

  • The proceeds of the Tranche A Revolving Credit Loans shall be used by the Borrower to repay indebtedness outstanding under the Existing Credit Agreement and to provide funding for the general corporate purposes of the Borrower and the Subsidiary Guarantors, including working capital but excluding Permitted Acquisitions.

  • BORROWING BASE: Tranche A Revolving Credit Loans shall be limited at any time to the lesser of (i) the Tranche A Revolving Credit Commitment and (ii) a percentage, to be determined after completion of a field examination, of the Borrower's net eligible accounts receivable and net eligible inventory (in each case, to be defined in the Credit Agreement).

  • Proceeds of Tranche A Revolving Credit Loans and Swingline Loans have been and shall continue to be used by the Borrower for general corporate purposes and Letters of Credit have been and shall continue to be used by the Borrower for general corporate purposes.

  • For the avoidance of doubt, the Borrowers may borrower Tranche A Revolving Credit Loans and/or Tranche B Revolving Credit Loans in their sole discretion.

  • If, at any time, the unpaid principal -------------------------- balance of Note A shall exceed the Tranche A Commitment, then, Borrowers shall immediately repay, without premium or penalty, Tranche A Revolving Credit Loans or the Term Loan in an amount equal to such excess, along with accrued unpaid interest on the amount so repaid to the date of such repayment.


More Definitions of Tranche A Revolving Credit Loans

Tranche A Revolving Credit Loans means all Revolving Credit Loans at any time made by a Tranche A Revolving Lender pursuant to Section 2.1.
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Tranche A Revolving Credit Loans is defined in Section 2.1(a).
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Tranche A Revolving Credit Loans all Revolving Credit Loans made by the Lenders pursuant to Section 1.1 of this Agreement other than Incremental Revolving Credit Loans.
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Related to Tranche A Revolving Credit Loans

  • Revolving Credit Loans as defined in Section 2.1.

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

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

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

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

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

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

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

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

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • 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.

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

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

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

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

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

  • 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).

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

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

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

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

  • 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.

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

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

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