Initial Revolving Credit Facility definition

Initial Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Initial Revolving Credit Commitments at such time.

Initial Revolving Credit Facility means the Initial Revolving Credit Commitments and the extensions of credit made thereunder.

Initial Revolving Credit Facility means the Revolving Credit Facility as of the Closing Date.

Examples of Initial Revolving Credit Facility in a sentence

• All Initial Revolving Credit Loans will be made by all Initial Revolving Credit Lenders in accordance with their Pro Rata Share of the Initial Revolving Credit Facility until the Initial Revolver Maturity Date.

• Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02(a), without regard to the minimum and multiples specified therein for the principal amount of the Base Rate Loans nor the satisfaction of the conditions set forth in Section 4.02, but subject to the unutilized portion of the Initial Revolving Credit Facility.

• Upon any reduction of the Revolving Credit Commitments, the Revolving Credit Commitment of each Revolving Credit Lender under the Initial Revolving Credit Facility and any Incremental Revolving Credit Facility shall be reduced by such Revolving Credit Lender’s Applicable Percentage of such reduction amount with respect to each such Revolving Credit Facility.

• Neither the Initial Revolving Credit Facility Agent nor the Initial Term Credit Facility Agent shall have duties or obligations under or pursuant to this Agreement other than such duties expressly set forth in this Agreement as duties on its part to be performed or observed.

• Each of the Initial Revolving Credit Facility Agent and the Initial Term Credit Facility Agent is executing and delivering this Agreement solely in its capacity as such and pursuant to directions set forth in the Initial Revolving Credit Agreement or the Initial Term Credit Agreement, as applicable; and in so doing, neither the Initial Revolving Credit Facility Agent nor the Initial Term Credit Facility Agent shall be responsible for the terms or sufficiency of this Agreement for any purpose.

More Definitions of Initial Revolving Credit Facility

Initial Revolving Credit Facility means the Revolving Credit Commitments created on the Restatement Date that have not been extended pursuant to Section 2.21.

Initial Revolving Credit Facility means, at any time, the aggregate amount of the Initial Revolving Credit Commitments at such time. “Initial Revolving Credit Lender” means, at any time, any Lender that has an Initial Revolving Credit Commitment at such time. “Initial Revolving Credit Loan” means a Loan made by an Initial Revolving Credit Lender pursuant to its Initial Revolving Credit Commitment. “Initial Revolving Termination Date” has the meaning specified in Section 2.10(b). “Initial Term Borrowing” means a Borrowing consisting of simultaneous Initial Term Loans made by each of the Initial Term Lenders of such Class pursuant to Section 2.01(a), 2.16, 2.18 or 2.19. “Initial Term Commitment” as to each Initial Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the Dollar amount set forth opposite such Initial Term Lender’s name on Schedule 2.01 under the caption “Initial Term Commitment” or in the Assignment and Assumption pursuant to which such Initial Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Lenders’ Initial Term Commitments on the Closing Date is $2,530,000,000 as such commitment may be reduced or increased from time to time pursuant to (a) assignments by or to such Initial Term Lender pursuant to an Assignment and Assumption, (b) an Incremental Joinder, (c) a Refinancing Amendment or (d) an Extension Amendment. “Initial Term Facility” means, (a) on or prior to the applicable funding date of such Initial Term Loans, the aggregate amount of the Initial Term Commitments and (b) thereafter, the aggregate principal amount of the Initial Term Loans. “Initial Term Lender” means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan, including, for the avoidance of doubt, any 2020 Incremental Term Lender. 43

Initial Revolving Credit Facility means, initially, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments on the date hereof, and hereafter on any date of determination, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders on such date.

Initial Revolving Credit Facility means the Revolving Commitments provided by the Revolving Lenders on the Closing Date, in each case as such amount may be increased pursuant to Section 2.15 or decreased from time to time in accordance with the terms hereof.

Initial Revolving Credit Facility means as defined in the recitals hereto. “Initial Term Loan” means as defined in Section 2.1(b)(i). “Initial Term Loan Commitment” means, for each Lender, the commitment of such Lender to make a portion of the Initial Term Loan hereunder. The Initial Term Loan Commitment of each Lender as of the Closing Date is set forth on Appendix A. The aggregate principal amount of the Initial Term Loan Commitments of all of the Lenders as in effect on the Closing Date was ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000). “Initial Term Loan Commitment Percentage” means, for each Lender providing a portion of the Initial Term Loan, a fraction (expressed as a percentage carried to the ninth decimal place), (a) the numerator of which is the outstanding principal amount of such Lender’s portion of such Initial Term Loan, and (b) the denominator of which is the aggregate outstanding principal amount of such Initial Term Loan. “Initial Term Loan Outstanding Amount” means as defined in the recitals hereto. “Intellectual Property” means all trademarks, service marks, trade names, copyrights, patents, patent rights, franchises related to intellectual property, licenses related to intellectual property and other intellectual property rights. 20

Initial Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ (i) prior to the Second Amendment Effective Date, the Original Initial Revolving Credit Commitments at such timeFacility and (ii) from and after the Second Amendment Effective Date, the Original Initial Revolving Credit Facility and the New Initial Revolving Credit Facility, collectively.

Initial Revolving Credit Facility means the Revolving Credit Commitments initially made available by the Revolving Credit Lenders to the Borrower on the Closing Date as increased by Amendment No. 1 on the Amendment No. 1 Effective Date and as amended by Amendment No. 2 on the Amendment No. 2