Examples of Non-Extended Revolving Loans in a sentence
Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow (a) Non-Extended Revolving Loans at any time prior to the applicable Non-Extended Lender Facility Termination Date, and (b) Extended Revolving Loans at any time prior to the applicable Facility Termination Date.
Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow (a) Non-Extended Revolving Loans at any time prior to the Non-Extended Lender Facility Termination Date, and (b) Extended Revolving Loans at any time prior to the Facility Termination Date.
In accordance with Section 2.22(c) of the Credit Agreement, the Borrower is deemed to have requested the replacement of each Non-Extending Revolving Lender (for the avoidance of doubt, only in respect of that portion of such Lender’s Non-Extended Revolving Commitment and Non-Extended Revolving Loans) with the Replacement Revolving Lenders.
The Administrative Agent hereby consents to each assignment and delegation of the Non-Extending Revolving Commitment and Non-Extended Revolving Loans pursuant to this Section 5(b).
Each Replacement Revolving Lender hereby consents to the extension of the maturity date of the Revolving Commitments and Revolving Loans contemplated by Section 5(a) hereof; accordingly, upon the consummation of the assignments described in this Section 5, the Non-Extended Revolving Commitments and Non-Extended Revolving Loans assumed by the Replacement Revolving Lenders will thereafter constitute Extended Revolving Commitments and Extended Revolving Loans, respectively.