Combined Revolving Commitments definition

Combined Revolving Commitments means the aggregate of (i) the Commitments of the Lenders hereunder and (ii) the U.S. Commitments. The initial aggregate amount of the Combined Revolving Commitments is U.S.$315,000,000.
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Combined Revolving Commitments. “Combined Revolving Obligations,” “Commitment,” “Equity Interests,” “Excepted Liens,” “Existing Credit Facilities,” “Financing Transactions,” “Global Administrative Agent,” “Global Borrowing Base,” “Global Borrowing Base Utilization,” “Global Effective Date,” “Governmental Rule,” “Indebtedness,” “Intercreditor Agreement,” “LIBO Rate,” “Loan Document,” “Loan Parties,” “Majority Lenders,” “Material Adverse Effect,” “Overdraft Facility,” “Parent Guaranty,” “Pledge Agreement,” “Required Lenders,” “Reserve Report,” “Revolving Borrowing Base,” “Security Documents,” “Super Majority Lenders,” “TBF Documents,” “U.S. Commitment,” “U.S. Credit Agreement,” “U.S. Documentation Agent,” “U.S. Loan Documents,” and “U.S. Obligations,” and replacing those definitions with the applicable definition below, in appropriate alphabetical order:
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Examples of Combined Revolving Commitments in a sentence

  • The Company will maintain Combined Working Capital as of the last day each month equal to 50% of the Combined Revolving Commitments as of such date.

  • If the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, then the Global Borrowing Base Designation Notice shall also set forth the then applicable Revolving Borrowing Base.

  • If the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, then upon receipt of such Global Borrowing Base Designation Notice, the Borrower shall designate the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base to the Global Administrative Agent in accordance with Section 2.7(d).

  • For so long as any of the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligations are outstanding, the Revolving Borrowing Base shall be comprised of the U.S. Revolving Borrowing Base and the Canadian Revolving Borrowing Base, and allocations between the U.S. Revolving Borrowing Base and Canadian Revolving Borrowing Base shall be made in accordance with this Section 2.7(d).

  • If the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligations are outstanding, then upon receipt of such Global Borrowing Base Designation Notice, the Borrower shall designate the U.S. Revolving Borrowing Base and the Canadian Revolving Borrowing Base to the Global Administrative Agent in accordance with Section 2.7(d).

  • For so long as any of the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, then the Revolving Borrowing Base shall be comprised of the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base, and allocations between the Allocated U.S. Borrowing Base and Allocated Canadian Borrowing Base shall be made in accordance with this Section 2.7(d).

  • Notwithstanding anything to the contrary in this Agreement, for so long as any of the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, the Global Borrowing Base shall be determined in accordance with Section 2.7 of the U.S. Credit Agreement.