Examples of Incremental Revolving Credit Loan in a sentence
THE AFTERMARKET CRASH PARTS USED IN THE PREPARATION OF THIS ESTIMATE ARE WARRANTED BY THE MANUFACTURER OR DISTRIBUTOR OF SUCH PARTS RATHER THAN THE MANUFACTURER OF YOUR VEHICLE.
Any Lender (other than a Defaulting Lender) may (in its sole discretion) participate in any Commitment Increase with the consent of the Borrowers (in their sole discretion) and the Administrative Agent (not to be unreasonably withheld), and in the case of an Incremental Revolving Credit Loan, the L/C Issuers (not to be unreasonably withheld), but no Lender shall have any obligation to do so.
Any Lender (other than a Defaulting Lender) may (in its sole discretion) participate in any Commitment Increase with the consent of the Borrower (in its sole discretion) and the Administrative Agent (not to be unreasonably withheld), and in the case of an Incremental Revolving Credit Loan, the L/C Issuers (not to be unreasonably withheld), but no Lender shall have any obligation to do so.
The final maturity date of any Incremental Revolving Credit Loan shall be no earlier (but may be later) than the final stated maturity date of the initial Revolving Credit Loans.
For the avoidance of doubt, each 2022 Incremental Revolving Credit Loan is a Revolving Credit Loan.