Tranche A Revolving Facility definition

Tranche A Revolving Facility as defined in the definition of “Facility”.
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Tranche A Revolving Facility means, at any time, the aggregate amount of the Tranche A Revolving Lenders’ Tranche A Revolving Commitments.
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Tranche A Revolving Facility means the multicurrency revolving loan facility made available under this Agreement as described in Clause 2.1 (a)(i) (The Facility).
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Examples of Tranche A Revolving Facility in a sentence

  • Each Revolving Facility Loan made hereunder shall be deemed a Tranche B Revolving Facility Loan until the limitation in the immediately preceding sentence is satisfied and, thereafter, each Revolving Facility Loan in excess thereof will be deemed a Tranche A Revolving Facility Loan.

  • Notwithstanding the foregoing, Tranche A Revolving Facility Loans shall not be made, unless, after giving effect to the Tranche B Revolving Facility Loans being made on such date, the Tranche B Revolving Facility Exposure is at least equal to the Tranche B Revolving Facility Commitment.

  • Notwithstanding the foregoing, no Borrower may select to repay a Borrowing of a Tranche B Revolving Facility Loan if any Tranche A Revolving Facility Loan remains outstanding at such time.

  • Thereafter, until the Maturity Date of the Tranche A Revolving Facility, the participations in any new Letters of Credit shall be allocated pro rata in accordance with the aggregate Commitments (including both the Tranche A Commitments and the Tranche B Commitments from time to time in effect).

  • Tranche A Revolving Secured Obligations, SISO Secured Obligations and other Secured Obligations in respect of the Tranche A Revolving Facility.

  • Notwithstanding the foregoing, in no event shall the successor or alternative index rate be less than, with respect to the Tranche A Revolving Facility, 0.50% (or with respect to the SISO Term Facility and any other Facilities, 1.75%).

  • For the avoidance of doubt, unless terminated earlier, (i) all Tranche A Revolving Commitments shall automatically terminate on the Revolving Termination Date with respect to the Tranche A Revolving Facility and (ii) all Tranche B Revolving Commitments shall automatically terminate on the Revolving Termination Date with respect to the Tranche B Revolving Facility.

  • For the avoidance of doubt, unless terminated earlier, all Tranche A Revolving Commitments shall automatically terminate on the Revolving Termination Date with respect to the Tranche A Revolving Facility.

  • Such reports have been duly filed, were in substantial compliance with the requirements of their respective report forms, were complete and correct in all material respects as of the dates for which the information was furnished, and contained (as of such dates) no untrue statement of a material fact nor omitted to state a material fact necessary in order to make the statements made therein in light of the circumstances in which made not misleading.

  • Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each such Tranche A Lender, specifying in such notice such Tranche A Lender’s Revolving Facility Percentage (irrespective of the maturity of the Tranche A Revolving Facility Loan) of such Swingline Loan or Loans.


More Definitions of Tranche A Revolving Facility

Tranche A Revolving Facility means the Tranche A Revolving Credit Commitments and the extensions of credit made thereunder.
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Tranche A Revolving Facility as defined in the definition of “Facility”. US-DOCS\123668313.8
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Tranche A Revolving Facility is defined in Section 2.1.1.
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Related to Tranche A Revolving Facility

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

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

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

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

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

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

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

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

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Additional Revolving Facility means any revolving credit facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(ii).

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