Existing Revolving Loans definition

Existing Revolving Loans has the meaning specified in Section 2.16(a).
Existing Revolving Loans has the meaning assigned to such term in Section 2.27(a).
Existing Revolving Loans means the Revolving Loans under, and as defined in, the Original Credit Agreement.

Examples of Existing Revolving Loans in a sentence

  • The Existing Revolving Loans shall have been repaid such that 50% of Existing Revolving Commitments are undrawn.

  • The Borrowers shall have paid to the Administrative Agent for the ratable account of the Consenting Revolving Lenders holding outstanding Existing Revolving Loans (prior to giving effect to this Amendment) all accrued and unpaid interest and any accrued and unpaid fees under Section 2.11(a) of the Existing Credit Agreement on such outstanding Existing Revolving Loans held by the Consenting Revolving Lenders to, but not including, the Third Amendment Effective Date.

  • For the avoidance of doubt, any Existing Revolving Commitments and Existing Revolving Loans of existing Revolving Lenders who are not Consenting Revolving Lenders (“2024 Non-Extending Revolving Lenders”) shall remain outstanding under the Amended Credit Agreement as Existing Revolving Commitments and Existing Revolving Loans subject to the same terms as conditions as in effect in the Existing Credit Agreement all of which terms have been incorporated into the Amended Credit Agreement.


More Definitions of Existing Revolving Loans

Existing Revolving Loans means the Revolving Loans (as such term is defined in the Existing Credit Agreement) of an Existing Lender under and pursuant to the Existing Credit Agreement.
Existing Revolving Loans as defined in Section 2.26(b).
Existing Revolving Loans means each “Revolving Loan” outstanding under the Original Credit Agreement, immediately prior to the Restatement Effective Date.
Existing Revolving Loans is defined in the first recital.
Existing Revolving Loans shall have the meaning set forth in Section 2.21.
Existing Revolving Loans. Revolving Loans” outstanding under the Existing Credit Agreement immediately prior to the Restatement Effective Date.
Existing Revolving Loans or “Existing Revolving Commitments”); except (A) the final maturity date of any Extended Revolving Commitments of a Class to be extended pursuant to an Extension may be later than the Latest Maturity Date at the time of such Extension, and the Weighted Average Life to Maturity of any Extended Revolving Commitments of a Class to be extended pursuant to an Extension shall be no shorter than the Weighted Average Life to Maturity of the Class of Existing Revolving Commitments, as applicable, subject to the Latest Maturity Date at the time of such Extension; (B) the all-in pricing (including, without limitation, margins, fees and premiums) with respect to the Extended Revolving Loans or Extended Revolving Commitments, as applicable, may be higher or lower than the all-in pricing (including, without limitation, margins, fees and premiums) for the Existing Revolving Loans or Existing Revolving Commitments, as applicable; (C) the revolving credit commitment fee rate with respect to the Extended Revolving Commitments may be higher or lower than the revolving credit commitment fee rate for Existing Revolving Commitments, in each case, to the extent provided in the applicable Extension Amendment; (D) no repayment of any Extended Revolving Loans or Extended Revolving Commitments, as applicable, shall be permitted unless such repayment is accompanied by an at least pro rata repayment of all earlier maturing Loans (including previously extended Loans) (or all earlier maturing Loans (including previously extended Loans) shall otherwise be or have been terminated and repaid in full); (E) the Extended Revolving Loans and/or Extended Revolving Commitments may contain a “most favored nation” provision for the benefit of Lenders holding Extended Revolving Commitments; and (F) the other terms and conditions applicable to Extended Revolving Loans and/or Extended Revolving Commitments may be terms different than those with respect to the Existing Revolving Loans or Existing Revolving Commitments, as applicable, so long as such terms and conditions only apply after the Latest Maturity Date; provided, further, that each Extension Amendment may, without the consent of any Lender other than the applicable extending Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent and the Borrower, to give effect to the provisions of this Section 2.13, including any amendments necessary to tre...