Initial Revolving Lenders definition

Initial Revolving Lenders means a Lender with an Initial Revolving Credit Commitment or an outstanding Initial Revolving Loan.
Sample 1Sample 2Sample 3
Initial Revolving Lenders means a Lender with an Initial Revolving Credit Commitment or an outstanding Initial Revolving Loan. “Initial Revolving Maturity Date” means the fifth anniversary of the Effective Date.
Sample 1
Initial Revolving Lenders means each of the Lenders holding an Initial Revolving Loan Commitment.
Sample 1

Examples of Initial Revolving Lenders in a sentence

  • Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders, Required Revolving Lenders, Required Initial Revolving Lenders, Required Additional Revolving Lenders and Section 11.12.

  • Each borrowing of Initial Revolving Loans shall consist of Initial Revolving Loans made simultaneously by the Initial Revolving Lenders on the applicable borrowing date in accordance with their respective Percentage.

  • All Fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, in the case of Commitment Fees, to the Initial Revolving Lenders entitled thereto.

  • Prepayments of the Revolving Loans pursuant to Section 2.09(b)(iii) shall be applied to the Initial Revolving Facility on a pro rata basis among the Initial Revolving Lenders based upon the respective remaining outstanding principal amounts thereof.

  • Substantially concurrently with the initial funding of the Revolving Loans hereunder, the Acquisition shall be consummated in accordance with the terms of the Merger Agreement, but without giving effect to any amendments, waivers or consents by Holdings or the Lead Borrower that are materially adverse to the interests of the Initial Revolving Lenders on the Closing Date without the consent of the Arrangers, such consent not to be unreasonably withheld, delayed or conditioned.

  • Initial Term Lenders Initial Term Commitment JPMorgan Chase Bank, N.A. $ 275,000,000 Total: $ 275,000,000 Initial Revolving Lenders Initial Revolving Commitment JPMorgan Chase Bank, N.A. $ 30,000,000 Citizens Bank, N.A. $ 22,500,000 Xxxxx Fargo Bank, National Association $ 22,500,000 Total: $ 75,000,000 Schedule 5.4 CONSENTS, AUTHORIZATIONS, FILINGS AND NOTICES None.

  • All Ffees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, in the case of Commitment Fees, to the Initial Revolving Lenders entitled thereto.

  • Without the prior consent of the Required Initial Revolving Lenders and the Required Second Amendment Revolving Lenders and excluding any adjustments contemplated by an Approved Budget, no material adjustments will be made to the compensation of any officer, director, insider or other Affiliate of the Borrower ore any of its Subsidiaries after the Second Amendment Effective Date.

  • The Administrative Agent (or its counsel) shall have received, a customary written opinion of Xxxxxxxx & Xxxxx LLP, in its capacity as special counsel for the Loan Parties, dated the First Amendment Effective Date and addressed to the Administrative Agent, the 2020 Incremental Term Loan Lender and the Initial Revolving Lenders.

  • No significant system changes will be made without prior Owner written approval.

Related to Initial Revolving Lenders

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

  • 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.

  • 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.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • 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.

  • 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.

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

  • New Revolving Lender as defined in Section 2.24.

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

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

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

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

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

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

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

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

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

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

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

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).