Incremental Revolving Credit Commitment definition

Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.
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Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to Section 2.24, to make Incremental Revolving Loans to the Borrower.
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Incremental Revolving Credit Commitment has the meaning assigned thereto in Section 5.13(a)(ii).
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Examples of Incremental Revolving Credit Commitment in a sentence

  • Any Lender not responding by the end of such Election Period shall be deemed to have declined to participate in any such Incremental Revolving Credit Commitment.

  • No Lender shall be obligated to participate in any Incremental Revolving Credit Commitment, and each such Lender’s determination to participate 758298623.11 in any such Incremental Revolving Credit Commitment shall be in such ▇▇▇▇▇▇’s sole and absolute discretion.

  • The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such Incremental Revolving Credit Commitment and the Increase Effective Date.

  • If an Incremental Revolving Credit Commitment is to be made or established in accordance with this Section 2.21, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Revolving Credit Commitment among the Lenders.

  • The Administrative Agent shall promptly distribute to the parties an amended Schedule 1.1A (which shall be deemed incorporated into this Agreement), to reflect the addition of any new Lenders that have provided a portion of any such Incremental Revolving Credit Commitment, and the respective Revolving Percentages of the Revolving Lenders resulting therefrom.


More Definitions of Incremental Revolving Credit Commitment

Incremental Revolving Credit Commitment is defined in Section 2.22.
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Incremental Revolving Credit Commitment means any incremental revolving credit commitment provided pursuant to Section 2.17.
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Incremental Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.23(a).
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Incremental Revolving Credit Commitment means any commitment made by a lender to provide all or any portion of any Incremental Revolving Facility.
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Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to Section 2.25, to make Incremental Revolving Loans to one or more Borrowers.
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Incremental Revolving Credit Commitment means as is specified in Section 2.11 [Incremental Loans].
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Incremental Revolving Credit Commitment means, subject to the terms and conditions of Section 2.14 as to each Incremental Revolving Credit Lender, its obligation to make Incremental Revolving Credit Loans to the Company pursuant to Section 2 of the applicable Incremental Revolving Credit Supplement in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule I to such Incremental Supplement under the caption “Incremental Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Incremental Revolving Credit Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Credit Agreement.
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