Refinancing Revolving Commitments Sample Clauses
Refinancing Revolving Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional revolving credit facilities providing for revolving commitments (“Refinancing Revolving Commitments” and the revolving loans thereunder, “Refinancing Revolving Loans”) which Refinances the Revolving Commitments (and the Revolving Loans thereunder) and/or Term Loans under this Agreement; provided, that any such Refinancing Revolving Commitments may not be in an amount greater than the Revolving Commitments and/or Term Loans being Refinanced plus unpaid accrued interest and premium (if any) thereon and underwriting discounts, fees, commissions and expenses in connection therewith. Each such notice shall specify the date (each, a “Refinancing Revolving Credit Effective Date”) on which the Borrower proposes that the Refinancing Revolving Commitments shall become effective, which shall be a date (and which may be contingent on the closing of such Refinancing) not less than three Business Days after the date on which such notice is delivered to the Administrative Agent; provided that
(i) after giving effect to the establishment of any Refinancing Revolving Commitments and the concurrent reduction in the aggregate amount of any other Revolving Commitments, the aggregate amount of Revolving Commitments and Refinancing Revolving Commitments shall not exceed the aggregate amount of the Revolving Commitments in effect immediately prior to the establishment of such Refinancing Revolving Commitments plus the aggregate amount of any Term Loans being Refinanced;
(ii) no Refinancing Revolving Commitments shall have a scheduled termination date prior to the Revolving Maturity Date of the Revolving Commitments being Refinanced and/or the Term Maturity Date of the Term Loans being Refinanced;
(iii) all other terms (other than pricing, interest rates, fees, premiums and optional and mandatory prepayment or redemption terms, which terms shall be as mutually agreed between the Borrower and the lenders providing the Refinancing Revolving Commitments) applicable to such Refinancing Revolving Commitments shall reflect market terms and conditions precedent at the time of incurrence but shall be substantially the same as, or otherwise less favorable to (taken as a whole), the lenders providing such Refinancing Revolving Commitments than those applicable to the Revolving Commitments and/or Term Loans being Refinanced (as certified by the chief financial officer ...
Refinancing Revolving Commitments. Subject to the terms and conditions set forth herein and in the Credit Agreement, each Refinancing Revolving Lender severally agrees to provide Refinancing Revolving Commitments to the Borrower in an aggregate amount equal to the amount set forth opposite such Refinancing Revolving Lender’s name on Schedule I hereto.
Refinancing Revolving Commitments. (a) Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, each Person that has executed and delivered a signature page to this Amendment as a “Refinancing Revolving Lender” (each, a “Refinancing Revolving Lender”) hereby agrees, severally and not jointly, to provide to the Borrower on the Amendment No. 2 Effective Date (as defined herein) a commitment under the Refinancing Revolving Facility in the amount set forth opposite such Person’s name on Schedule A-1 hereto (each, a “Refinancing Revolving Commitment”).
(b) By delivering a signature page to this Amendment, each Refinancing Revolving Lender shall be deemed to have agreed and consented to the amendment of the Existing Credit Agreement as contemplated hereby and to have acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered to, or be approved by or satisfactory to, the Administrative Agent or any Lenders on the Amendment No. 2
Refinancing Revolving Commitments. (a) Effective as of the Fifth Amendment Effective Date, immediately after giving effect to the Revolving Commitment Extension, on the terms and subject to the conditions set forth herein and in the Amended Credit Agreement, (i) each Refinancing Revolving Lender severally agrees to provide Refinancing Revolving Commitments to the Borrower on and following the Fifth Amendment Effective Date in the amount set forth opposite such Refinancing Revolving Lender’s name on Schedule II hereto and (ii) each Issuing Bank listed on Schedule III hereto severally agrees to provide L/C Commitments to the Borrower on and following the Fifth Amendment Effective Date in the amount set forth opposite such Issuing Bank’s name on Schedule III hereto (it being understood and agreed that such L/C Commitments shall supersede and replace in full all L/C Commitments in effect under the Existing Credit Agreement immediately prior to giving effect to this Agreement).
(b) On the Fifth Amendment Effective Date, immediately after giving effect to the Revolving Commitment Extension, (i) all 2021 Extended Revolving Commitments shall automatically terminate in full (it being understood and agreed by the parties hereto that the requirement pursuant to Section 2.06(1) of the Existing Credit Agreement that the Borrower deliver written notice to the Administrative Agent not less than three (3) Business Days
Refinancing Revolving Commitments. (a) Each Refinancing Revolving Lender hereby agrees, severally and not jointly, to provide the Refinancing Revolving Commitments to the Revolving Borrowers on the Amendment No. 4 Effective Date in an aggregate amount equal to the amount set forth opposite such Refinancing Revolving Lender’s name on Schedule I attached hereto, on the terms set forth herein and in the Amended Credit Agreement, and subject to the conditions set forth in Section 6 below.
(b) The Refinancing Revolving Commitments shall be “Other Revolving Commitments” (and any Revolving Loans made thereunder shall be “Other Revolving Loans”) as contemplated by Section 2.20 of the Credit Agreement.