Accordion Request definition

Accordion Request shall have the meaning ascribed thereto in Section 2.4(a).
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Accordion Request has the meaning specified in Section 2.21 (Accordion Increase).
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Accordion Request is defined in Section 2.1(d).
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Examples of Accordion Request in a sentence

  • Following the receipt by the Administrative Agent of the Accordion Request, the Administrative Agent shall promptly forward a copy to each Purchaser Agent for informational purposes.

  • An Accordion Increase will only become effective if, on the date of the Accordion Request and the proposed Accordion Increase Date, the Facility Termination Date has not occurred and no event exists or would result from the proposed Accordion Increase that constitutes a Facility Event or Portfolio Event.

  • Each Accordion Request may specify any fees offered to those Lenders which agree to increase their Commitment (each such Lender, an "Increasing Lender"), which fees may be variable based upon the amount by which any such Increasing Lender is willing to increase the principal amount of its Commitment (which for greater certainty, need not be equal to such Increasing Lender's Applicable Percentage of the Credit existing immediately prior to receipt of such Accordion Request).

  • On each Accordion Increase Date, the Maximum Commitment shall be the sum of the Maximum Commitment in effect immediately prior to the Accordion Increase Date, plus the Accordion Amount set forth in Schedule I to the Accordion Request.

  • Upon full execution of the Accordion Request, Administrative Agent and Borrower shall establish the effective date of the Accordion Amount (the “Accordion Increase Date”).

  • Each Accordion Request made under this Section 2.6(a) shall be submitted by the Borrowers to the Agent (which shall promptly forward copies to each Lender).

  • If the entire Accordion Amount is not absorbed by the other Lenders within ten (10) Business Days from the date of the Accordion Request, then Administrative Agent will inform Borrower of the amount of the Accordion Amount that Lenders are willing to provide, and Borrower will have the right to accept such lesser Accordion Amount, cancel the Accordion Request or find additional Persons who are willing to act as Lenders that are acceptable to Administrative Agent in Administrative Agent’s sole discretion.

  • Each Accordion Request shall be for an amount at least equal to $10,000,000 except to the extent the unused portion of the Accordion Amount is less than $10,000,000 in which event such request may be for such unused amount.

  • In order to provide the Borrowers with the full amount of the Accordion Request, the New Lender is willing to provide new USD/MC Commitments in the principal amount of $50,000,000 (the “Revolving Commitment Increase”).

  • Once Administrative Agent, Lenders and Borrower agree on the amount of the Accordion Amount and each Lender’s portion of the Accordion Amount thereunder, Administrative Agent shall complete Schedule I to the Accordion Request and each Lender or other Person providing a portion of the Accordion Amount shall countersign the Accordion Request.


More Definitions of Accordion Request

Accordion Request has the meaning given to that term in Clause 2.2 (Accordion Increase in Commitments).
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Accordion Request has the meaning given to that term in Clause 2.2 (Accordion).
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Related to Accordion Request

  • Extension Request has the meaning provided in Section 2.20(a).

  • Conversion Request means (a) the irrevocable request to be given by a Debentureholder to the Conversion Agent directing the Conversion Agent to convert the Debentures into shares of Common Stock, and (b) the irrevocable request to be given by a holder of Preferred Securities to the Conversion Agent directing the Conversion Agent to exchange such stock on behalf of such holder.

  • Transaction Request means a request from Seller to Buyer, in the form attached as Exhibit A hereto, to enter into a Transaction.

  • Acceleration Request means a request pursuant to Operating Agreement, Schedule 1, section 1.9.4A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.4A, to accelerate or reschedule a transmission outage scheduled pursuant to Operating Agreement, Schedule 1, section 1.9.2 or Operating Agreement, Schedule 1, section 1.9.4, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.2 or Tariff, Attachment K-Appendix, section 1.9.4.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Group Agents pursuant to Section 2.02(a).

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Mediation Request shall have the meaning set forth in Section 7.2.

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Interconnection Request means a Generation Interconnection Request, a Transmission Interconnection Request and/or an IDR Transfer Agreement.

  • Information Request means a request for any Information under the FOI Legislation.

  • Corporation Request and "Corporation Order" mean, respectively, the written request or order signed in the name of the Corporation by its Chairman of the Board of Directors, its Vice Chairman of the Board of Directors, its President or a Vice President, and by its Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee.

  • Registration Request has the meaning set forth in Section 2.01(a).

  • Redemption Request has the meaning as set forth in Section 8.1.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Borrowing Notice is defined in Section 2.8.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Arbitration Request shall have the meaning set forth in Section 7.3(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).