Initial Revolving Loan Commitment definition

Initial Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule I directly below the column entitled “Revolving Loan Commitment,” as same may be increased or reduced pursuant to the terms and conditions hereof.

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Initial Revolving Loan Commitment means (a) as to any Lender the several commitment of such Lender to fund its respective portion of the Initial Revolving Loans to, and to purchase participations in Letter of Credit Obligations and Swingline Loans for the account of, the Borrower in an amount set forth in the Register and (b) as to all Lenders, the aggregate commitments of such Lenders to make Initial Revolving Loans, and to purchase participations in Letter of Credit Obligations and Swingline Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without limitation, Section 2.14). The aggregate Initial Revolving Loan Commitment of all the Lenders as of the Restatement Effective Date shall be $500,000,000. The Initial Revolving Loan Commitment of each Lender as of the Restatement Effective Date is set forth on Annex C to the Restatement Agreement.

Initial Revolving Loan Commitment means, for each Lender party to this Agreement on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.01(b) directly below the column entitled “Initial Revolving Loan Commitment,” as the same may from time to time be (x) reduced or terminated pursuant hereto, (y) increased (but only with the consent of the respective Lender) in accordance with the terms hereof or (z) adjusted as a result of assignments to or from such Lender pursuant hereto.

Examples of Initial Revolving Loan Commitment in a sentence

No Lender’s obligation to fund its respective Initial Revolving Loan Commitment Ratio of a Swingline Loan shall be affected by any other Lender’s failure to fund its Initial Revolving Loan Commitment Ratio of a Swingline Loan, nor shall any Lender’s Initial Revolving Loan Commitment Ratio be increased as a result of any such failure of any other Lender to fund its Initial Revolving Loan Commitment Ratio of a Swingline Loan.
No other trading desks, business groups, or divisions of ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co. LLC, its Affiliates, or any other related parties thereof (other than any such desk, business group, or division that becomes a successor or assign with respect to the Initial Revolving Loan Commitment or Initial Revolving Loans) shall be bound by such provisions.
Such refundings shall be made by such Lenders in accordance with their respective Initial Revolving Loan Commitment Ratios and shall thereafter be reflected as Initial Revolving Loans of such Lenders on the books and records of the Administrative Agent.
The fee shall be payable to the Administrative Agent for the benefit of the Lenders with an Initial Revolving Loan Commitment in accordance with their respective Initial Revolving Loan Commitment Ratios.
Each Lender with an Initial Revolving Loan Commitment will immediately transfer to the Swingline Lender, in immediately available funds, the amount of its participation and upon receipt thereof the Swingline Lender will deliver to such Lender a certificate evidencing such participation dated the date of receipt of such funds and for such amount.

More Definitions of Initial Revolving Loan Commitment

Initial Revolving Loan Commitment for each Lender, the amount set forth opposite such Lender’s name on Schedule 1.1A.

Initial Revolving Loan Commitment means (a) as to any Initial Revolving Lender the several commitment of such Lender to fund its respective portion of the Initial Revolving Loans to, and to purchase participations in Letter of Credit Obligations and Swingline Loans for the account of, the Borrower in an amount set forth in the Register and (b) as to all Initial Revolving Lenders, the aggregate commitments of such Lenders to make Initial Revolving Loans, and to purchase participations in Letter of Credit Obligations and Swingline Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without limitation, Section 2.14). The aggregate Initial Revolving Loan Commitment of all the Initial Revolving Lenders as of the SecondThird Amendment Effective Date shall be $625,000,000680,000,000. The Initial Revolving Loan Commitment of each Initial Revolving Lender as of the SecondThird Amendment Effective Date is set forth on Annex C to the SecondThird Amendment.

Initial Revolving Loan Commitment means, for each Lender, the Revolving Loan Commitment of such Lender (immediately prior to giving effect to Amendment No. 4).

Initial Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule I (immediately prior to giving effect to Amendment No. 3) directly below the column entitled “Revolving Loan Commitment,” as same may be (x) reduced from time to time or terminated pursuant to Sections 4.02, 4.03 and/or 11, as applicable, or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 2.13 or 13.04(b).

Initial Revolving Loan Commitment means $9,000,000.00

Initial Revolving Loan Commitment means $120,000,000, as the same may be reduced or increased from time to time pursuant to the terms hereof.

Initial Revolving Loan Commitment means an amount equal to Seven Million and No/100 Dollars ($7,000,000.00).”