Examples of Revolving Lender in a sentence
The respective Pro Rata Share of each Revolving Lender shall thereafter, to the extent applicable, be determined based on such reallocated amounts (subject to any subsequent changes thereto and clause (c) of this Section 2.12), and the Agents and the affected Revolving Lenders shall make such adjustments as the Agents shall deem necessary so that the outstanding Revolving Credit Loans of each Revolving Lender equals its Pro Rata Share thereof after giving effect to the Reallocation.
Each Revolving Lender electing to participate in the Reallocation by decreasing its Revolving Credit Commitments under one Tranche and increasing its Revolving Credit Commitments in the other Tranche in an equal amount shall notify the Administrative Agent and the Funding Agent within five (5) Business Days after its receipt of such notice of its election and the maximum amount of the respective Revolving Credit Commitment Reallocation to which it would agree (each, a “Reallocation Consent”).