Replacement Revolving Commitments. (a) The Borrowers may at any time and from time to time, with the consent of the Administrative Agent (not to be unreasonably withheld or delayed), request the establishment of one or more additional Classes of Revolving Commitments (“Replacement Revolving Commitments”) to replace all or a portion of any existing Classes of Revolving Commitments under this Credit Agreement (“Replaced Revolving Commitments”); provided that:
Replacement Revolving Commitments. (a) The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Commitments” and the revolving loans thereunder “Replacement Revolving Loans”). Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which the Borrower proposes that the Replacement Revolving Commitments shall become effective, which shall be a date not less than five Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:
Replacement Revolving Commitments. The Borrower may by written notice to Administrative Agent elect to request the establishment of one or more additional Facilities providing for revolving commitments (“Replacement Revolving Commitments” and the revolving loans thereunder “Replacement Revolving Loans”). Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which the Borrower proposes that the Replacement Revolving Commitments shall become effective, which shall be a date not less than five Business Days after the date on which such notice is delivered to the Administrative Agent; provided that: before and after giving effect to the establishment of such Replacement Revolving Commitments on the Replacement Revolving Facility Effective Date each of the conditions set forth in Section 4.01 shall be satisfied; after giving effect to the establishment of any Replacement Revolving Commitments and any concurrent reduction in the aggregate amount of any other Revolving Credit Commitments, the aggregate amount of Revolving Credit Commitments shall not exceed the aggregate amount of the Revolving Credit Commitments outstanding on the Amendment No. 4 Effective Date; no Replacement Revolving Commitments shall have a scheduled termination date prior to the Maturity Date of the Tranche 2 Revolving Credit Facility (or if later, the date required pursuant to any Replacement Revolving Facility Amendment); all other terms applicable to such Replacement Revolving Facility (other than provisions relating to (x) fees and interest rates which shall be as agreed between the Borrower and the Lenders providing such Replacement Revolving Commitments and (y) the amount of any Letter of Credit Sublimit and Swing Line Sublimit under such Replacement Revolving Facility which shall be as agreed between the Borrower, the Lenders providing such Replacement Revolving Commitments, the Administrative Agent and the Replacement L/C Issuer and Replacement Swing Line Lender, if any, under such Replacement Revolving Commitments) shall be substantially identical to, or less favorable to the Lenders providing such Replacement Revolving Commitments than, those applicable to the Tranche 2 Revolving Credit Facility; there shall be no more than two Classes, in the aggregate, of Revolving Credit Commitments and Replacement Revolving Commitment Series in effect at any time any Replacement Revolving Commitment Series is established; and the Loan Parties and the Collateral Agent shall enter in...
Replacement Revolving Commitments. (a) Pursuant to Section 2.21 of the Credit Agreement, each of the 2018 Revolving Lenders shall have a 2018 Revolving Credit Commitment in the amount set forth opposite such 2018 Revolving Lender’s name on Schedule 1 hereto and agrees, severally and not jointly, to make Revolving Loans to the Borrowers as described in Section 2.01 of the Amended Credit Agreement, with such 2018 Revolving Credit Commitments having the terms set forth in the Amended Credit Agreement. On the Amendment No. 5 Effective Date, the 2018 Revolving Credit Commitments will replace the Original Revolving Commitments. The Borrowers shall prepay in full the outstanding principal amount of any Revolving Loans outstanding immediately prior to the Amendment No. 5 Effective Date, together with all accrued and unpaid interest thereon and all accrued and unpaid fees in respect of the Revolving Commitments and Letters of Credit outstanding immediately prior to the Amendment No. 5 Effective Date. Any Letters of Credit outstanding immediately prior to the Amendment No. 5 Effective Date shall be deemed to be issued under the 2018 Revolving Credit Commitments.
Replacement Revolving Commitments. (a) Either the U.S. Borrower or the Canadian Borrower may at any time and from time to time by written notice to Administrative Agent elect to request the establishment of replacement revolving commitments (“Replacement Revolving Commitments”) under the U.S. Revolving Facility or the Canadian Revolving Facility in order to effectively extend the Revolving Termination Date for such Revolving Commitments. Each such notice shall specify the date (each, a “Replacement Revolving Facility Effective Date”) on which such Borrower proposes that the Replacement Revolving Commitments shall become effective, which shall be a date not less than five Business Days after the date on which such notice is delivered to the Administrative Agent; provided that:
Replacement Revolving Commitments. (i) As of the Third Amendment Closing Date, (A) the Replacement Revolving Credit Commitments shall be “Commitments”, “Initial Revolving Credit Commitments” and “Revolving Credit Commitments”, and (B) the Revolving Loans to be made under the Replacement Revolving Credit Commitments shall be “Loans”, “Initial Revolving Loans” and “Revolving Loans”, in each case under, and for all purposes of, the Credit Agreement and the other Loan Documents. The Replacement Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) shall have the same terms as the Existing Revolving Credit Commitments (and the Revolving Loans and the other extensions of credit made thereunder) outstanding immediately prior to the Third Amendment Closing Date, other than to the extent expressly provided in this Agreement. Upon the Third Amendment Closing Date, the Replacement Revolving Credit Commitments shall be treated as part of the same Class for all purposes of the Credit Agreement and the other Loan Documents.
Replacement Revolving Commitments. The Replacement Revolving Commitments, the Revolving Loans made thereunder, the Replacement L/C Commitments and the L/C Obligations thereunder shall be subject to the following terms and conditions, as applicable:
Replacement Revolving Commitments. (i) Subject to the terms and conditions set forth herein, each Replacement Revolving Lender agrees to provide the Replacement Revolving Commitments to the Company on the Amendment Effective Date in a principal amount not to exceed its Replacement Revolving Commitment as set forth opposite its name under the heading “Replacement Revolving Commitment” on Schedule III hereto.
Replacement Revolving Commitments. (a) Pursuant to Section 2.16(c) of the Loan Agreement, each of the 2022 Revolving Lenders shall have a 2022 Revolving Credit Commitment in the amount set forth opposite such 2022 Revolving Lender’s name on Schedule 1 to the Amended and Restated Loan Agreement and agrees, severally and not jointly, to make Revolving Loans to the Borrowers as described in Section 2.2 of the Amended and Restated Loan Agreement, with such 2022 Revolving Credit Commitments having the terms set forth in the Amended and Restated Loan Agreement. On the Amendment and Restatement Effective Date, the 2022 Revolving Commitments will replace the Original Revolving Credit Commitments. The Lead Borrower shall prepay in full the outstanding principal amount of any Revolving Loans outstanding immediately prior to the Amendment and Restatement Effective Date. Any Letters of Credit outstanding immediately prior to the Amendment and Restatement Effective Date shall be deemed to be issued under the 2022 Revolving Credit Commitments.
Replacement Revolving Commitments. (a) Each of the Revolving Lenders shall have a Revolving Commitment in the amount set forth opposite such Revolving Lender’s name on Schedule I hereto and agrees, severally and not jointly, to make Revolving Loans to the Borrower as described in Section 2.01 of the Amended Credit Agreement, with such Revolving Commitments having the terms set forth in the Amended Credit Agreement. On the Amendment No. 6 Effective Date, the Revolving Commitments will replace the Original Revolving Commitments. Any Revolving Loans outstanding immediately prior to the Amendment No. 6 Effective Date, shall be deemed to be borrowed under the Amended Credit Agreement and will be reallocated on a pro rata basis among the Revolving Lenders under the Amended Credit Agreement. Any Letters of Credit outstanding immediately prior to the Amendment No. 6 Effective Date shall be deemed to be issued under the Revolving Commitments and the participations in any outstanding Letters of Credit shall be adjusted in accordance with each Revolving Lender’s Applicable Percentage as reallocated in accordance with this Section 4(a).
