Other Revolving Facility Commitments definition

Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.
Other Revolving Facility Commitments means, collectively, (a) Extended Revolving Facility Commitments to make Extended Revolving Loans and (b) Replacement Revolving Facility Commitments.
Other Revolving Facility Commitments means one or more Classes of revolving credit commitments that result from a modification of the Revolving Facility Commitments pursuant to an Incremental Assumption Agreement.

Examples of Other Revolving Facility Commitments in a sentence

  • For all purposes of the Credit Agreement, this Agreement shall constitute a Loan Modification Agreement, a Permitted Amendment and a Loan Document, the Extended Commitments shall constitute Other Revolving Facility Commitments and the revolving loans made pursuant to the Extended Commitments shall constitute Other Revolving Loans.

  • Any Other Term Loans and/or Other Revolving Facility Commitments (any corresponding Revolving Facility Credit Exposure) converted from or exchanged for any then-existing Term Loans or then-existing Revolving Facility Commitments may, to the extent provided in the applicable Refinancing Amendment, be designated as an increase in any previously established Other Term Loan or Other Revolving Facility Commitment, as applicable.


More Definitions of Other Revolving Facility Commitments

Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans. “Other Revolving Loans” shall have the meaning assigned to such term in Section 2.21.
Other Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(a).
Other Revolving Facility Commitments means, collectively, (a) Extended Revolving Facility Commitments
Other Revolving Facility Commitments means one or more Classes of revolving credit commitments that result from a modification of the Revolving Facility
Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans. “Other Revolving Loans” shall have the meaning assigned to such term in Section 2.21. “Other Taxes” shall mean any and all present or future stamp or documentary Taxes or any other intangible, mortgage recording or similar Taxes arising from any payment made hereunder or under any other Loan Document or from the execution, registration, delivery or enforcement of, consummation or administration of, from the receipt or perfection of a security interest under, or otherwise with respect to, the Loan Documents, except any such Taxes imposed with respect to an assignment. “Other Term Loans” shall have the meaning assigned to such term in Section 2.21 (including in the form of Extended Term Loans or Refinancing Term Loans, as applicable). “Parent” means Driven Brands Holdings Inc., a Delaware corporation. “Parent Entity” shall mean Holdings or any other direct or indirect parent of the Borrower. “Participant” shall have the meaning assigned to such term in Section 9.04(d)(i). “Participant Register” shall have the meaning assigned to such term in Section 9.04(d)(ii). “Payment” shall have the meaning assigned to such term in Section 8.14(b). “Payment Directive” shall mean (i) in respect of the Existing Securitization Facility, the written instruction, from Driven Brands, Inc. to Driven Funding Holdco, LLC to cause Driven Funding Holdco, LLC to deposit any and all cash distributed by it to the Borrower or a Subsidiary as described therein and (ii) in respect of any other Permitted Securitization Financing, one or more payment direction(s) in respect of the Residual Amount for such Permitted Securitization Financing on substantially similar terms and subject to substantially similar limitations as the Payment Directive for the Existing Securitization Facility. “Payment Notice” shall have the meaning assigned to such term in Section 8.14(b). “PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA. “Perfection Certificate” shall mean the Perfection Certificate with respect to the Loan Parties in a form reasonably satisfactory to the Administrative Agent, as the same may be supplemented from time to time to the extent required by Section 5.04(f). 54 Doc#: US1:15347125v11
Other Revolving Facility Commitments means one or more Classes of revolving credit commitments that result from a modification of the Revolving Facility Commitments pursuant to a Loan Modification Offer.
Other Revolving Facility Commitments means one or more Classes of revolving facility commitments hereunder that result from a Refinancing Amendment.