Existing Class Loans shall have the meaning assigned to such term in Section 9.08(f).
Existing Class Loans shall have the meaning assigned to such term in Section 9.08(f). “Existing Roll-Over Letters of Credit” shall mean those letters of credit or bank guarantees issued and outstanding as of the Closing Date and set forth on Schedule 1.01(C), which shall each be deemed to constitute a Letter of Credit issued hereunder on the Closing Date. “Existing Securitization Facility” shall mean the facility governed by the Amended and Restated Base Indenture, dated as of April 24, 2018, entered into by and among Driven Brands Funding, LLC, a Delaware limited liability company, Driven Brands Canada Funding Corporation, a Canadian corporation, and Citibank, N.A., and, as the context requires, the other Transaction Documents as defined thereunder and entered into in connection therewith, in each case, as amended, restated, supplemented or otherwise modified from time to time. 35 Doc#: US1:15347125v11
Existing Class Loans has the meaning assigned to such term in Section 9.02(g). “Extended R evolving C redit C ommitment” h as t he m eaning a ssigned to such term in Section 2.19(a). “Extended Revolving Loan” has the meaning assigned to such term in Section 2.19(a). - 21-
Examples of Existing Class Loans in a sentence
The “Pro Rata Share” of any Lender on the Applicable Date is the ratio of (1) the sum of such Lender’s Existing Class Loans immediately prior to the Applicable Date plus the amount of New Class Loans made by such Lender on the Applicable Date over (2) the aggregate principal amount of all Class Loans on the Applicable Date.
More Definitions of Existing Class Loans
Existing Class Loans shall have the meaning assigned to such term in Section 9.08(f). “Existing Roll-Over Letters of Credit” shall mean those letters of credit or bank guarantees issued and outstanding as of the Closing Date and set forth on Schedule 1.01(C), which shall each be deemed to constitute a Letter of Credit issued hereunder on the Closing Date.
Existing Class Loans shall have the meaning assigned to such term in Section 9.08(g). “Existing Credit Agreement” shall have the meaning assigned to such term in the recitals hereto.