Definition of Euro Revolving Commitment


Euro Revolving Commitment means, for each Euro Revolving Lender, the commitment of such Lender to make Euro Revolving Loans (and to share in Euro Revolving Loan Obligations) hereunder. The initial Euro Revolving Commitments as of the Amendment No. 2 Effective Date are set out in Schedule 2.01.

Examples of Euro Revolving Commitment in a sentence

The aggregate principal amount of each Borrowing by any Borrower hereunder shall be not less than the Minimum Borrowing Amount and, if greater, shall be in Minimum Borrowing Multiples above such minimum (or, if less, the then Total Available Original Dollar Revolving Commitment, the Total Available Extended Dollar Revolving Commitment, the Total Available Multicurrency Revolving Commitment or Total Available Original Euro Revolving Commitment, as the case may be).
The aggregate principal amount of each Borrowing by any Borrower hereunder shall be not less than the Minimum Borrowing Amount and, if greater, shall be in Minimum Borrowing Multiples above such minimum (or, if less, the then Total Available Dollar Revolving Commitment or Total Available Euro Revolving Commitment, as the case may be).
Within the limits of each Euro Lenders Euro Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b).
Upon any reduction of (i) the Aggregate Domestic Revolving Commitments, the Domestic Revolving Commitment of each Domestic Lender shall be reduced by such Domestic Lender's Applicable Percentage of such reduction amount and (ii) the Aggregate Euro Revolving Commitments, the Euro Revolving Commitment of each Euro Lender shall be reduced by such Euro Lender's Applicable Percentage of such reduction amount.