Revolver Usage. (a) the aggregate amount of outstanding Revolver Loans; plus (b) the aggregate Stated Amount of outstanding Letters of Credit, except to the extent Cash Collateralized by Borrowers.
Revolver Usage. Foreign Revolver Usage and/or U.S. Revolver Usage, as the context requires. Royalties: all royalties, fees, expense reimbursement and other amounts payable by an Obligor under a License.
Revolver Usage. (a) the aggregate amount of outstanding Loans; plus (b) the aggregate Stated Amount of outstanding Letters of Credit. Royalties: all royalties, fees, expense reimbursement and other amounts payable by a Borrower under a License. S&P: Standard & Poor’s Financial Services LLC, a subsidiary of The XxXxxx-Xxxx Companies, Inc. and any successor thereto.
Revolver Usage. (a) the aggregate amount of outstanding U.K. Loans; plus (b) the aggregate Stated Amount of outstanding U.K. Letters of Credit (except, for purposes of determining U.K. Availability only, to the extent Cash Collateralized by the U.K. Borrowers pursuant to Section 2.3.3(a)).
Revolver Usage. The parties agree that, notwithstanding anything to the contrary in any Transaction Agreement or in the definitive documentation for the Alternative Transaction Refinancing (including the definition of “Consolidated Funded Indebtedness” therein), the “Consolidated Total Indebtedness” as utilized in the Stockholders Agreement shall include the amounts drawn under any revolving credit facility of Buccaneer Holdings, LLC (“Steel Sub”), Syniverse Holdings, Inc. (to be converted into a Delaware limited liability company prior to Closing) and/or their respective Subsidiaries (as defined in the Stockholders Agreement), or of which Steel Sub and/or its Subsidiaries (including Syniverse Holdings, Inc.) are an obligor or guarantor, that would be reflected on a balance sheet of Steel Sub prepared as of any applicable date of determination on a consolidated basis in accordance with GAAP.
Revolver Usage. “Agreement” means the Credit Agreement to which this Schedule 1.1 is attached. “Applicable Margin” means, as of any date of determination and with respect to Base Rate Loans or LIBORSOFR Rate Loans, as applicable, the applicable margin set forth in the following table that corresponds to the Average Adjusted Excess Availability of Borrower for the most recently completed fiscal quarter of Borrower; provided, that for the period from the Closing Date through and including July 31, 2020, the Applicable Margin shall be set at the margin in the row styled “Level I”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Margin shall be set at the margin in the row styled “Level III”: Level Average Adjusted Excess Availability as a percent of the Maximum Credit Amount Applicable Margin Relative to Base Rate Loans (the “Base Rate Margin”) Applicable Margin Relative to LIBORSOFR Rate Loans (the “LIBOR SOFR Rate Margin”)
Revolver Usage. No more than $20,000,000 in Revolving Credit Advances and Letters of Credit in the aggregate shall be made or issued on the Closing Date and Borrower shall have at least $10,000,000 in Borrowing Availability as of the Closing Date after giving effect to the initial Revolving Credit Advance and Letters of Credit made or issued on the Closing Date.
Revolver Usage. Revolver Usage shall not exceed the amount that the Borrower is entitled to borrower under Section 2.1.
Revolver Usage. Affiliate: with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. Agent Indemnitees: Agent and its officers, directors, employees, Affiliates, agents and attorneys. Agent Professionals: attorneys, accountants, appraisers, auditors, business valuation experts, environmental engineers or consultants, turnaround consultants, and other professionals and experts retained by Agent.
