Departing Revolving Credit Lender definition

Departing Revolving Credit Lender means (i) each Revolving Credit Lender (as defined in the Existing Credit Agreement) that is not a New Revolving Credit Lender and (ii) each Revolving Credit Lender (as defined in the Existing Credit Agreement) that is a New Revolving Credit Lender but that has an Existing Revolving Credit Commitment that exceeds its New Revolving Credit Commitment to the extent of such excess;
Sample 1
Departing Revolving Credit Lender means each party to this Agreement that is a Revolving Credit Lender under and as defined in the Existing Credit Agreement and for which no Revolving Credit Commitment is shown on Amended Schedule 2.01, in its capacity as a Revolving Credit Lender under the Existing Credit Agreement.
Sample 1

Examples of Departing Revolving Credit Lender in a sentence

  • Xxxxxxxx Title: Vice President SOCIETE GENERALE, as a Departing Revolving Credit Lender By: /s/ Xxxxx XXXXXX Name: Xxxxx XXXXXX Title: Director THE BANK OF NEW YORK MELLON, as a Departing Revolving Credit Lender By: /s/ Xxxxxx X.

  • Each of the Additional Revolving Credit Lenders shall be deemed to have purchased such interests from each Departing Revolving Credit Lender ratably in accordance with their respective obligations to purchase and assume Extended Revolving Credit Commitments pursuant to this Section 2(a) as set forth on Schedule I(a) hereto.

  • The Agent shall pay to each Departing Revolving Credit Lender the amounts so received by the Agent from the Additional Revolving Credit Lenders and the Borrower for the account of such Departing Revolving Credit Lender.

  • Each of the Assignee Revolving Credit Lenders shall be deemed to have purchased such interests from each Departing Revolving Credit Lender ratably in accordance with their respective obligations to purchase and assume Revolving Credit Commitments of the applicable Class pursuant to this Section 2(a) as set forth on Schedule I(a) hereto.

Related to Departing Revolving Credit Lender

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • New Revolving Lender as defined in Section 2.24.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.