Initial Revolving Credit Lenders definition

Initial Revolving Credit Lenders means, at any time, any Revolving Credit Lender that has an Initial Revolving Credit Commitment or an outstanding Initial Revolving Credit Loan at such time.
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Initial Revolving Credit Lenders has the meaning specified in the recital of parties to this Agreement.
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Initial Revolving Credit Lenders means the Initial Dollar Revolving Lenders and the Initial Multicurrency Revolving Lenders, as the context may require.
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Examples of Initial Revolving Credit Lenders 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.

  • 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 Borrower shall pay to the Administrative Agent for the account of the Lead Arranger and the Initial Revolving Credit Lenders entitled thereto, respectively, such fees as may from time to time be agreed between the Borrower and the Lead Arranger and the Initial Revolving Credit Lenders in the amounts and at the times so specified.

  • The Administrative Agent shall have received, for its own account and for the account of the Initial Revolving Credit Lenders, the fees owing under the Fee Letters.

  • That Defaulting Lender’s right to approve or disapprove any amendment, modification, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders, Required Facility Lenders, Required Term Lenders, Required Initial Revolving Credit Lenders and Required Revolving Credit Lenders (and any similar term).

  • 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.

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

  • IfWith respect to Letter of Credit Fees owing to Original Initial Revolving Credit Lenders, if there is any change in the Applicable Rate for Original Initial Revolving Credit Loans during any quarter, the daily maximum amount of each Letter of Credit shall be computed and multiplied by the Applicable Rate for Original Initial Revolving Credit Loans separately for each period during such quarter that such Applicable Rate was in effect.

  • As Collateral Manager By: /s/ Thomas Ewald Name: Thomas Ewald Title: Authorized Signatory For any Revolving Credit Lender requiring a second signature line: By Name: Title: Fifth Amendment and Restatement to Credit Agreement Initial Revolving Credit Lenders whose commitments have been terminated SARATOGA CLO I, LIMITED.

  • As Collateral Manager By: /s/ Thomas Ewald Name: Thomas Ewald Title: Authorized Signatory For any Revolving Credit Lender requiring a second signature line: By Name: Title: Fifth Amendment and Restatement to Credit Agreement Initial Revolving Credit Lenders whose commitments have been terminated Invesco Floating Rate Fund as a Revolving Credit Lender By: INVESCO Senior Secured Management, Inc.


More Definitions of Initial Revolving Credit Lenders

Initial Revolving Credit Lenders means the Initial Dollar Revolving Lenders and the Initial Multicurrency Revolving Lenders, as the contextmay require.
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Related to Initial Revolving Credit Lenders

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • 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.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • New Revolving Lender as defined in Section 2.24.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.14(h).