Initial Revolving Credit Commitments definition

Initial Revolving Credit Commitments shall have the meaning provided in the definition of the term Revolving Credit Commitment.
Initial Revolving Credit Commitments means, as to each Initial Revolving Credit Lender, its obligation to (a) make Initial Revolving Credit Loans to a Borrower pursuant to Section 2.01 and (b) purchase participations in L/C Obligations, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Initial Revolving Credit Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Revolving Credit Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of Initial Revolving Credit Commitments on the Closing Date is $330,000,000.
Initial Revolving Credit Commitments means the Revolving Credit Commitments made available by the Revolving Lenders to the Lead Borrower on the Closing Date pursuant to Section 2.01(a)(ii).

Examples of Initial Revolving Credit Commitments in a sentence

  • By checking the box immediately below, you have indicated that you will be converting the entire aggregate principal amount of your Initial Revolving Credit Commitments into New Initial Revolving Commitments.

  • Please complete one of the two boxes immediately below (or leave blank if you do not hold any Initial Revolving Credit Commitments).

  • For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Initial Revolving Credit Commitments for purposes of determining the Commitment Fee.

  • Except to the extent of reallocations of participations pursuant to clause (i) of this Section 2.04(m), the occurrence of a maturity date with respect to the Initial Revolving Credit Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Initial Revolving Credit Lenders in any Letter of Credit issued before such maturity date.

  • The Initial Revolving Credit Commitments shall automatically terminate on the Revolving Credit Maturity Date.


More Definitions of Initial Revolving Credit Commitments

Initial Revolving Credit Commitments means, as to each Initial Revolving Credit Lender, its obligation to
Initial Revolving Credit Commitments means, with respect to each Revolving Credit Lender, the amount of its initial Revolving Credit Commitment set forth opposite such Lender’s name on Schedule 2.01 under the caption “Initial Revolving Credit Commitment”, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.22, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04, (c) increased from time to time pursuant to Section 2.26 or (d) reduced or increased from time to time pursuant to Section 2.27. WEIL:\96480003\20\34471.0013 AMERICAS 109594622
Initial Revolving Credit Commitments means the Initial Multicurrency Revolving Credit Commitments of each Multicurrency Revolving Credit Lender and/or the Initial US Revolving Credit Commitments of each US Revolving Credit Lender, as the context may require.
Initial Revolving Credit Commitments means, with respect to the revolving credit facility established on the date hereof, the amount of such commitments set forth opposite each Lender’s name on Schedule 1.1(c) as such Lender’s Revolving Credit Commitment or in any Assignment and Acceptance pursuant to which such Lender assumed a portion of such commitment.
Initial Revolving Credit Commitments means the Revolving Credit Commitments made available to the Borrower pursuant to Section 2.01(a)(ii) on the Closing Date, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04 or (c) increased from time to time pursuant to Section 2.23. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $20,000,000.
Initial Revolving Credit Commitments means the Initial Dollar Revolving Credit Commitments and the Initial Multicurrency Revolving Credit Commitments, as the context may require.
Initial Revolving Credit Commitments means, with respect to any Initial Revolving Lender, the amount set forth on such Lender’s signature page under the caption “Revolving Credit Commitment” on the Closing Date or, if such Lender has entered into one or more Assignment and Acceptances, the amount set forth for such Lender at such time in the Register maintained by the Administrative Agent pursuant to Section 12.07(b) as such Lender’s “Revolving Credit Commitment”, as such amount may be reduced or increased at or prior to such time pursuant to the terms hereof. The aggregate amount of Initial Revolving Credit Commitments of all Initial Revolving Lenders shall be $250,000,000 on the Closing Date.