UK Revolving Loan Commitment definition

UK Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule 1.01(a) directly below the column entitled “UK Revolving Loan Commitment,” as same may be (x) reduced from time to time or terminated pursuant to Sections 4.02, 4.03 and/or 11, as applicable, (y) increased from time to time pursuant to Section 2.15, or (z) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 2.13 or 13.04(b).
Sample 1Sample 2Sample 3
UK Revolving Loan Commitment means the commitment of a Lender to make UK Revolving Loans to United Glass pursuant to subsection 2.1C, and “UK Revolving Loan Commitments” means such commitments of all Lenders in the aggregate.
Sample 1Sample 2Sample 3
UK Revolving Loan Commitment. As to each UK Lender, its obligation to make UK Revolving Loans or to participate in UK Swingline Loans to the UK Borrower pursuant to §2.1 in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such UK Lender’s name on Schedule II, as such Schedule may be updated from time to time pursuant to §§2.10. 6.23(a) or 20, or in the Assignment and Assumption pursuant to which a UK Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Credit Agreement.
Sample 1Sample 2Sample 3

Examples of UK Revolving Loan Commitment in a sentence

  • Following the prepayment of the Term Loans in full, in the event no Term Loans shall be outstanding, the US Revolving Loan Commitment Amount and UK Revolving Loan Commitment shall, without any further action, automatically and permanently be reduced pro rata concurrently with the receipt of any Net Disposition Proceeds received by the US Borrower or its US Subsidiaries, in an amount equal to 100% of such Net Disposition Proceeds.

  • Any reduction of the UK Revolving Loan Commitment Amount which reduces the UK Revolving Loan Commitment Amount below the then current amount of the UK Letter of Credit Commitment Amount shall result in an automatic and corresponding reduction of the UK Letter of Credit Commitment Amount to the amount of the UK Revolving Loan Commitment Amount, as so reduced, without any further action on the part of any UK Lender or any UK Issuer.

  • Each note shall be in the principal amount of the UK Revolving Loan Commitment of the applicable UK Revolving Lender denominated in Sterling or Euro, as the case may be, dated the Closing Date (or later date, as applicable) and substantially in the form of Exhibit 1.1(a)-3(ii) (each a “UK Revolving Note” and, collectively, the “UK Revolving Notes”).

  • The Pro Rata Share of the UK Revolving Loan of any UK Revolving Lender shall not at any time exceed its separate UK Revolving Loan Commitment.

  • The UK Revolving Loan Commitment shall not be permanently reduced by the amount of any such prepayments.

  • Each note shall be in the principal amount of the UK Revolving Loan Commitment of the applicable UK Revolving Lender, dated the Closing Date and substantially in the form of Exhibit 1.1(a)(ii) (each a “UK Revolving Note” and, collectively, the “UK Revolving Notes”).

  • The UK Revolving Loan Commitment Amounts are subject to reduction from time to time pursuant to Section 3.2.1, and to reallocation from time to time pursuant to Section 3.2.

  • If the US Revolving Loan Commitment Amount is reduced as a result of a reallocation that increases the UK Revolving Loan Commitment Amount pursuant to Section 3.2.2, then the US Percentages of the US Lenders that are not Dual Lenders shall be increased and the US Percentages of the Dual Lenders shall be decreased based upon the foregoing principles (it being understood that the Commitment Amounts of the US Lenders that are not Dual Lenders shall not be changed as a result of such reallocation).

  • The UK Pro Rata Share of the Dollar Equivalent of UK Revolving Loan of any UK Revolving Lender shall not at any time exceed its separate UK Revolving Loan Commitment.

  • Upon (and as a condition to) a reallocation pursuant to this Section which increases the UK Revolving Loan Commitment Amount, the UK Borrower shall execute and deliver to each of the Dual Lenders a new UK Revolving Note to reflect the increased UK Revolving Loan Commitment of such Dual Lender.


More Definitions of UK Revolving Loan Commitment

UK Revolving Loan Commitment means, relative to any UK Lender, such UK Lender's obligation (if any) to make UK Revolving Loans pursuant to Section 3.1.1.
Sample 1
UK Revolving Loan Commitment means the commitment of a UK Lender (i) to make UK Revolving Loans to Xxxx UK pursuant to
Sample 1
UK Revolving Loan Commitment means (a) as to any UK Revolving Lender, the aggregate commitment in U.S. Dollars of such UK Revolving Lender to make UK Revolving Credit Advances or incur UK Letter of Credit Obligations as set forth on Annex I to the Agreement or in the most recent Assignment Agreement executed by such UK Revolving Lender and (b) as to all UK Revolving Lenders, the aggregate commitment in U.S. Dollars of all UK Revolving Lenders to make UK Revolving Credit Advances or incur UK Letter of Credit Obligations, which aggregate commitment shall be $28,000,000 on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
Sample 1
UK Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in S chedule 1.01(a) directly below the column entitled “UK Revolving Loan Commitment,” as same may be (x) reduced from time to time or terminated pursuant to
Sample 1
UK Revolving Loan Commitment means (a) as to any UK Revolving Lender, the commitment of a UK Revolving Lender to make UK Revolving Credit Advances as set forth in Annex J to the Agreement or in the most recent Assignment Agreement executed by such UK Revolving Lender and (b) as to all UK Revolving Lenders, the aggregate commitment of all UK Revolving Lenders to make UK Revolving Credit Advances, which aggregate commitment shall be £2,740,300 on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
Sample 1

Related to UK Revolving Loan Commitment

  • 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.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

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

  • 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).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • 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.

  • Term Loan Commitments means the aggregate amount of such commitments of all 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 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

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • 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.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.