Common use of Definitions and Accounting Matters Clause in Contracts

Definitions and Accounting Matters. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 Section 1.03 Accounting Terms 33 Section 1.04 Rounding 33 Section 1.05 Times of Day 33 Section 1.06 Letter of Credit Amounts 33 Section 1.07 Currency Equivalents Generally 34 Section 2.01 The Loans 34 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 Section 2.03 Letters of Credit 37 Section 2.04 Prepayments 45 Section 2.05 Termination or Reduction of Commitments 48 Section 2.06 Repayment of Loans 48 Section 2.07 Interest 50 Section 2.08 Fees 50 Section 2.09 Computation of Interest and Fees 51 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 Sharing of Payments by Lenders 54 Section 2.13 Increase in Commitments 55 Section 2.14 Incremental Term Facility 57 Section 3.01 Taxes 57 Section 3.02 Illegality 59 Section 3.03 Inability to Determine Rates 60 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Section 3.05 Compensation for Losses 62 Section 3.06 Mitigation Obligations; Replacement of Lenders 63

Appears in 1 contract

Sources: Credit Agreement (Cablevision Systems Corp /Ny)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 1.03 Types of Loans and Borrowings 51 Section 1.03 1.04 Terms Generally; Rules of Construction 51 Section 1.05 Accounting Terms 33 Section 1.04 Rounding 33 Section 1.05 Times of Day 33 and Determinations; GAAP 51 Section 1.06 Letter of Credit Amounts 33 Interest Rates; Benchmark Notifications 52 Section 1.07 Currency Equivalents Generally 34 Divisions 52 Section 2.01 The Loans 34 Commitments 52 Section 2.02 Borrowings, Conversions Loans and Continuations of Loans 35 Borrowings 53 Section 2.03 Requests for Borrowings 54 Section 2.04 Interest Elections 56 Section 2.05 Funding of Borrowings 57 Section 2.06 Termination and Reduction of Commitments and Aggregate Maximum Credit Amounts; Increase, Reduction and Termination of Aggregate Elected Revolving Commitment Amounts 57 Section 2.07 Borrowing Base 62 Section 2.08 Letters of Credit 37 65 Section 2.04 Prepayments 45 2.09 Term Loan Facility 73 Section 2.05 Termination or Reduction 2.10 Extension of Commitments 48 Term Loans 77 Section 2.06 3.01 Repayment of Loans 48 79 Section 2.07 3.02 Interest 50 79 Section 2.08 Fees 50 Section 2.09 Computation 3.03 Alternate Rate of Interest and Fees 51 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 Sharing of Payments by Lenders 54 Section 2.13 Increase in Commitments 55 Section 2.14 Incremental Term Facility 57 Section 3.01 Taxes 57 Section 3.02 Illegality 59 Section 3.03 Inability to Determine Rates 60 81 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Prepayments 83 Section 3.05 Compensation for Losses 62 Section 3.06 Mitigation Obligations; Replacement of Lenders 63Fees 88

Appears in 1 contract

Sources: Credit Agreement (Permian Resources Corp)

Definitions and Accounting Matters. Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 39 Section 1.03 Accounting Terms 33 40 Section 1.04 Rounding 33 41 Section 1.05 Times of Day 33 41 Section 1.06 Letter of Credit Amounts 33 41 Section 1.07 Currency Equivalents Generally 34 41 Section 2.01 The Loans 34 41 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 42 Section 2.03 Letters of Credit 37 44 Section 2.04 Prepayments 45 53 Section 2.05 Termination or Reduction of Commitments 48 56 Section 2.06 Repayment of Loans 48 57 Section 2.07 Interest 50 58 Section 2.08 Fees 50 59 Section 2.09 Computation of Interest and Fees 51 60 Section 2.10 Evidence of Debt 51 60 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 61 Section 2.12 Sharing of Payments by Lenders 54 63 Section 2.13 Increase in Commitments 55 64 Section 2.14 Incremental Term Facility 57 66 Section 2.15 Additional Facilities 67 Section 2.16 Extended Lenders and Facilities 69 Section 3.01 Taxes 57 71 Section 3.02 Illegality 59 73 Section 3.03 Inability to Determine Rates 60 73 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 73 Section 3.05 Compensation for Losses 62 75 Section 3.06 Mitigation Obligations; Replacement of Lenders 6376

Appears in 1 contract

Sources: Credit Agreement (Cablevision Systems Corp /Ny)

Definitions and Accounting Matters. Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 31 Section 1.03 Accounting Terms 33 31 Section 1.04 Rounding 33 32 Section 1.05 Times of Day 33 32 Section 1.06 Letter of Credit Amounts 33 32 Section 1.07 Currency Equivalents Generally 34 32 Section 2.01 The Loans 34 32 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 33 Section 2.03 Letters of Credit 37 34 Section 2.04 Prepayments 45 Swing Line Loans 41 Section 2.05 Prepayments 44 Section 2.06 Termination or Reduction of Commitments 48 46 Section 2.06 2.07 Repayment of Loans 48 Section 2.07 Interest 50 46 Section 2.08 Fees 50 Interest 47 Section 2.09 Fees 47 Section 2.10 Computation of Interest and Fees 51 48 Section 2.10 2.11 Evidence of Debt 51 48 Section 2.11 2.12 Payments Generally; Administrative Agent’s 's Clawback 52 48 Section 2.12 2.13 Sharing of Payments by Lenders 54 Section 2.13 Increase in Commitments 55 50 Section 2.14 Incremental Term Facility 57 51 Section 3.01 Taxes 57 51 Section 3.02 Illegality 59 53 Section 3.03 Inability to Determine Rates 60 53 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 54 Section 3.05 Compensation for Losses 62 55 Section 3.06 Mitigation Obligations; Replacement of Lenders 6355 Section 3.07 Survival 56

Appears in 1 contract

Sources: Credit Agreement (Madison Square Garden, Inc.)

Definitions and Accounting Matters. Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 Section 1.03 Accounting Terms 33 Types of Loans and Borrowings 34 Section 1.04 Rounding 33 Terms Generally; Rules of Construction 34 Section 1.05 Times of Day 33 Accounting Terms; Changes in GAAP 34 Section 1.06 Timing of Payment or Performance 35 Section 1.07 Rates 35 Section 1.08 Divisions 35 Section 1.09 Letter of Credit Amounts 33 Section 1.07 Currency Equivalents Generally 34 35 Section 2.01 The Loans 34 Commitments 35 Section 2.02 Borrowings, Conversions Loans and Continuations of Loans Borrowings 35 Section 2.03 Requests for Borrowings 36 Section 2.04 Interest Elections 37 Section 2.05 Funding of Borrowings 38 Section 2.06 Termination and Reduction of Aggregate Maximum Credit Amounts; Increase and Reduction of Aggregate Elected Commitment Amount 39 Section 2.07 Borrowing Base 43 Section 2.08 Letters of Credit 37 Section 2.04 Prepayments 45 Section 2.05 Termination or Reduction of Commitments 48 Section 2.06 3.01 Repayment of Loans 48 50 Section 2.07 3.02 Interest 50 Section 2.08 Fees 50 Section 2.09 Computation 3.03 Alternate Rate of Interest and Fees 51 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 Sharing of Payments by Lenders 54 Section 2.13 Increase in Commitments 55 Section 2.14 Incremental Term Facility 57 Section 3.01 Taxes 57 Section 3.02 Illegality 59 Section 3.03 Inability to Determine Rates 60 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Prepayments 53 Section 3.05 Compensation for Losses 62 Section 3.06 Mitigation Obligations; Replacement of Lenders 63Fees 56

Appears in 1 contract

Sources: Credit Agreement (Pedevco Corp)

Definitions and Accounting Matters. Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 39 Section 1.03 Accounting Terms 33 39 Section 1.04 Rounding 33 40 Section 1.05 Times of Day 33 40 Section 1.06 Letter of Credit Amounts 33 Section 1.07 Currency Equivalents Generally 34 40 Section 1.07 Interest Rates; Benchmark Notifications 40 Section 1.08 Divisions 41 Section 2.01 The Loans 34 41 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 42 Section 2.03 Letters of Credit 37 [Reserved] 43 Section 2.04 [Reserved] 43 Section 2.05 Prepayments 43 Section 2.06 [Reserved] 45 Section 2.05 Termination or Reduction of Commitments 48 Section 2.06 2.07 Repayment of Loans 48 Section 2.07 Interest 50 45 Section 2.08 Fees 50 Interest 45 Section 2.09 Fees 46 Section 2.10 Computation of Interest and Fees 51 46 Section 2.10 2.11 Evidence of Debt 51 46 Section 2.11 2.12 Payments Generally; Administrative Agent’s Clawback 52 46 Section 2.12 2.13 Sharing of Payments by Lenders 54 Section 2.13 Increase in Commitments 55 48 Section 2.14 Incremental Term Facility 57 Defaulting Lenders 49 Section 3.01 Taxes 57 50 Section 3.02 Illegality 59 54 Section 3.03 Inability to Determine Rates 60 Alternate Rate of Interest 54 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Costs 56 Section 3.05 Compensation for Losses 62 58 Section 3.06 Mitigation Obligations; Replacement of Lenders 6358 Section 3.07 Survival 58

Appears in 1 contract

Sources: Credit Agreement (Sphere Entertainment Co.)

Definitions and Accounting Matters. Section 1.01. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 Section 1.03 1.02. Accounting Terms 33 and Determinations 21 Section 1.04 Rounding 33 1.03. Computation of Time Periods 21 ADVANCES; LETTERS OF CREDIT Section 1.05 Times of Day 33 2.01. Revolving Credit Advances 21 Section 1.06 Letter of Credit Amounts 33 Section 1.07 Currency Equivalents Generally 34 Section 2.01 The Loans 34 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 Section 2.03 2.02. Letters of Credit 23 Section 2.03. Competitive Bid Advances 27 Section 2.04. Changes of Commitments 32 Section 2.05. Fees 34 Section 2.06. Repayment of Revolving Credit Advances and Alternate Currency Revaluation. 34 Section 2.07. Interest 35 Section 2.08. Interest Rate Determination 36 Section 2.09. Optional Conversion of Revolving Credit Advances 37 Section 2.04 2.10. Optional Prepayments 45 of Revolving Credit Advances 38 Section 2.05 Termination or Reduction of Commitments 48 2.11. Payments and Computations 38 Section 2.06 Repayment of Loans 48 Section 2.07 Interest 50 Section 2.08 Fees 50 Section 2.09 Computation of Interest and Fees 51 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 2.12. Sharing of Payments Set-off, Etc. 40 Section 2.13. Requirements of Law 41 Section 2.14. Illegality 43 Section 2.15. Taxes 43 Section 2.16. Borrowings by Lenders 54 Designated Borrowers 46 Section 2.13 Increase in Commitments 55 Section 2.14 Incremental Term Facility 57 Section 3.01 Taxes 57 Section 3.02 Illegality 59 Section 3.03 Inability to Determine Rates 60 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Section 3.05 Compensation for Losses 62 Section 3.06 2.17. Mitigation of Obligations; Replacement of Lenders 6347 Section 2.18. Extension of Commitment Termination Date 47 CONDITIONS PRECEDENT Section 3.01. [Reserved] 49

Appears in 1 contract

Sources: Credit Agreement (Merck & Co. Inc.)

Definitions and Accounting Matters. Section 1.01. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 1.02. Accounting Terms and Determinations 32 Section 1.03 Accounting 1.03. Computation of Time Periods 32 Section 1.04. Terms Generally 32 Section 1.05. Interest Rates; Benchmark Notification 32 Section 1.06. Divisions 33 AMOUNTS AND TERMS OF THE LOANS Section 2.01. Commitments 33 Section 1.04 Rounding 2.02. Loans and Borrowings 33 Section 1.05 Times of Day 33 Section 1.06 Letter of Credit Amounts 33 Section 1.07 Currency Equivalents Generally 2.03. Requests for Borrowings 34 Section 2.01 The Loans 34 Section 2.02 Borrowings, Conversions and Continuations of Loans 2.04. Interest Elections 35 Section 2.03 2.05. Letters of Credit 37 36 Section 2.04 Prepayments 2.06. Funding of Borrowings 41 Section 2.07. Changes of Commitments 41 Section 2.08. Fees 45 Section 2.05 Termination or Reduction 2.09. Repayment of Commitments 48 Loans 46 Section 2.06 Repayment 2.10. Interest on Loans 46 Section 2.11. [Reserved] 47 Section 2.12. Optional Conversion of Loans 47 Section 2.13. Optional Prepayments of Loans 48 Section 2.07 Interest 50 2.14. Payments and Computations 48 Section 2.08 Fees 50 Section 2.09 Computation of Interest and Fees 51 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 2.15. Sharing of Payments by Etc. 49 Section 2.16. Additional Costs 50 Section 2.17. Illegality 52 Section 2.18. Taxes 52 Section 2.19. Defaulting Lenders 54 Section 2.13 Increase in Commitments 55 Section 2.14 Incremental Term Facility 57 Section 3.01 Taxes 57 Section 3.02 Illegality 59 Section 3.03 Inability to Determine Rates 2.20. Substitution of Lender 60 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 2.21. Extension Option 60 Section 3.05 Compensation for Losses 2.22. Alternate Rate of Interest 62 Section 3.06 Mitigation Obligations; Replacement of Lenders 632.23. Break Funding Payments 64 Section 2.24. [Reserved] 65 CONDITIONS Section 3.01. Conditions Precedent to Closing Date 65 Section 3.02. [Reserved] 67 Section 3.03. Conditions Precedent to Credit Extensions 67

Appears in 1 contract

Sources: Revolving Credit Agreement (Zoetis Inc.)

Definitions and Accounting Matters. Section 1.01. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 Section 1.03 1.02. Accounting Terms 33 and Determinations 25 Section 1.04 Rounding 33 1.03. Computation of Time Periods 25 Section 1.05 Times of Day 33 1.04. Terms Generally 25 ARTICLE 2 AMOUNTS AND TERMS OF THE LOANS Section 1.06 Letter of Credit Amounts 33 2.01. Commitments 25 Section 1.07 Currency Equivalents Generally 34 2.02. Loans and Borrowings 25 Section 2.01 The Loans 34 2.03. Requests for Revolving Borrowings 26 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 2.04. [Reserved] 27 Section 2.03 2.05. Letters of Credit 37 27 Section 2.04 Prepayments 45 2.06. Funding of Borrowings 31 Section 2.05 Termination or Reduction 2.07. Changes of Commitments 48 32 Section 2.06 2.08. Fees 36 Section 2.09. Repayment of Loans 48 37 Section 2.07 2.10. Interest 50 on Loans 37 Section 2.08 Fees 50 2.11. Interest Rate Determination 37 Section 2.09 Computation 2.12. Optional Conversion of Interest Loans 38 Section 2.13. Optional Prepayments of Loans 39 Section 2.14. Payments and Fees 51 Computations 39 Section 2.10 Evidence of Debt 51 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 Section 2.12 2.15. Sharing of Payments by Etc. 40 Section 2.16. Additional Costs 41 Section 2.17. Illegality 43 Section 2.18. Taxes 44 Section 2.19. Defaulting Lenders 54 46 Section 2.13 Increase in Commitments 55 2.20. Substitution of Lender 48 Section 2.14 Incremental Term Facility 57 2.21. Extension Option 48 ARTICLE 3 CONDITIONS Section 3.01 Taxes 57 3.01. Conditions Precedent to Closing Date 50 Section 3.02 Illegality 59 3.02. [Reserved] 52 Section 3.03 Inability 3.03. Conditions Precedent to Determine Rates 60 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 Section 3.05 Compensation for Losses 62 Section 3.06 Mitigation Obligations; Replacement of Lenders 63Credit Extensions 52

Appears in 1 contract

Sources: Revolving Credit Agreement (Zoetis Inc.)

Definitions and Accounting Matters. Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 32 36 Section 1.03 Accounting Terms 33 37 Section 1.04 Rounding 33 38 Section 1.05 Times of Day 33 38 Section 1.06 Letter of Credit Amounts 33 38 Section 1.07 Currency Equivalents Generally 34 38 Section 2.01 The Loans 34 38 Section 2.02 Borrowings, Conversions and Continuations of Loans 35 39 Section 2.03 Letters of Credit 37 41 Section 2.04 Prepayments 45 50 Section 2.05 Termination or Reduction of Commitments 48 52 Section 2.06 Repayment of Loans 48 53 Section 2.07 Interest 50 55 Section 2.08 Fees 50 55 Section 2.09 Computation of Interest and Fees 51 56 Section 2.10 Evidence of Debt 51 56 Section 2.11 Payments Generally; Administrative Agent’s Clawback 52 57 Section 2.12 Sharing of Payments by Lenders 54 59 Section 2.13 Increase in Commitments 55 60 Section 2.14 Incremental Term Facility 57 62 Section 2.15 Additional Facilities 63 Section 3.01 Taxes 57 65 Section 3.02 Illegality 59 67 Section 3.03 Inability to Determine Rates 60 67 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 60 68 Section 3.05 Compensation for Losses 62 69 Section 3.06 Mitigation Obligations; Replacement of Lenders 6370

Appears in 1 contract

Sources: Amendment Agreement (CSC Holdings Inc)