Existing Revolving Loans definition

Existing Revolving Loans has the meaning specified in Section 2.7(a).
Existing Revolving Loans has the meaning assigned to such term in Section 2.27(a).
Existing Revolving Loans means the Revolving Loans under, and as defined in, the Original Credit Agreement.

Examples of Existing Revolving Loans in a sentence

  • Each Initial Term Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, that, on the Closing Date, 100% of the principal amount of its Existing Revolving Loans shall be converted into, and it shall be deemed to have made, an Initial Term Loan to the Borrower in a principal amount equal to the amount set forth opposite its name on Annex I hereto.


More Definitions of Existing Revolving Loans

Existing Revolving Loans has the meaning set forth in Section 2.2.
Existing Revolving Loans as defined in Section 2.26(b).
Existing Revolving Loans means “Revolving Loans” under and as defined in the Existing Revolving Credit Agreement.
Existing Revolving Loans is defined in the first recital.
Existing Revolving Loans. Revolving Loans” outstanding under the Existing Credit Agreement immediately prior to the Restatement Effective Date.
Existing Revolving Loans or “Existing Revolving Commitments”); except (A) the final maturity date of any Extended Revolving Commitments of a Class to be extended pursuant to an Extension may be later than the Latest Maturity Date at the time of such Extension, and the Weighted Average Life to Maturity of any Extended Revolving Commitments of a Class to be extended pursuant to an Extension shall be no shorter than the Weighted Average Life to Maturity of the Class of Existing Revolving Commitments, as applicable, subject to the Latest Maturity Date at the time of such Extension; (B) the all-in pricing (including, without limitation, margins, fees and premiums) with respect to the Extended Revolving Loans or Extended Revolving Commitments, as applicable, may be higher or lower than the all-in pricing (including, without limitation, margins, fees and premiums) for the Existing Revolving Loans or Existing Revolving Commitments, as applicable; (C) the revolving credit commitment fee rate with respect to the Extended Revolving Commitments may be higher or lower than the revolving credit commitment fee rate for Existing Revolving Commitments, in each case, to the extent provided in the applicable Extension Amendment; (D) no repayment of any Extended Revolving Loans or Extended Revolving Commitments, as applicable, shall be permitted unless such repayment is accompanied by an at least pro rata repayment of all earlier maturing Loans (including previously extended Loans) (or all earlier maturing Loans (including previously extended Loans) shall otherwise be or have been terminated and repaid in full); (E) the Extended Revolving Loans and/or Extended Revolving Commitments may contain a “most favored nation” provision for the benefit of Lenders holding Extended Revolving Commitments; and (F) the other terms and conditions applicable to Extended Revolving Loans and/or Extended Revolving Commitments may be terms different than those with respect to the Existing Revolving Loans or Existing Revolving Commitments, as applicable, so long as such terms and conditions only apply after the Latest Maturity Date; provided, further, that each Extension Amendment may, without the consent of any Lender other than the applicable extending Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent and the Borrower, to give effect to the provisions of this Section 2.13, including any amendments necessary to tre...
Existing Revolving Loans means the Revolving Loans (as such term is defined in the Existing Credit Agreement) of an Existing Lender under and pursuant to the Existing Credit Agreement.