Examples of Revolving Facility in a sentence
If on any date (after giving effect to any other payments on such date) (A) the Revolving Facility Exposure of any Lender exceeds such Lender’s Revolving Commitment, or (B) the Aggregate Revolving Facility Exposure exceeds the Total Revolving Commitment, then, in the case of each of the foregoing, the Borrowers shall, on such day, prepay on such date the principal amount of Loans and, after all Loans have been paid in full, Unpaid Drawings, in an aggregate amount at least equal to such excess.
Accrued Commitment Fees shall be due and payable in arrears on the last Business Day of each month and on the Revolving Facility Termination Date.
The Revolving Loans to be made by each Lender will be made by such Lender on a pro rata basis based upon such Xxxxxx’s Revolving Facility Percentage of each Revolving Borrowing, in each case in accordance with Section 2.06.
These extensions of the Revolving Facility Maturity Date, the DSRA L/C Facility Maturity Date, the Revolving Commitments and the DSRA L/C Lending Commitments are requested to become effective on March 31, 2021.
All of the Revolving Commitments shall terminate on the Revolving Facility Termination Date.