Examples of Non-Extending Revolving Credit Lender in a sentence
As used in this clause (g), ratable share shall mean, with respect to any Consenting Lender that is a Non-Extending Revolving Credit Lender, such Lender's Non-Extended Revolving Credit Commitment as a percentage of the total Non-Extended Revolving Credit Commitments of all Revolving Credit Lenders.
In the case of Non-Extending Revolving Credit Loans, each Non-Extending Revolving Credit Lender will make its Non-Extending Revolving Credit Percentage of the amount of each borrowing of Non-Extending Revolving Credit Loans available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, New York City time, on the Borrowing Date requested by the Borrower in funds immediately available to the Administrative Agent.
For the avoidance of doubt, commencing on the Second Restatement Effective Date, (i) each Revolving Credit Commitment of an Extending Revolving Credit Lender shall be treated for all purposes as a Revolving B Credit Commitment and (ii) each Revolving Credit Commitment of a Non-Extending Revolving Credit Lender shall be treated for all purposes as a Revolving A Credit Commitment.
The Revolving Credit Commitments and Revolving Loans (if any) of each Non-Extending Revolving Credit Lender shall remain outstanding as Revolving A Credit Commitments and Revolving A Loans.
For the avoidance of any doubt, effective as of the First Amendment Effective Date, the Revolving Credit Lenders’ Revolving Credit Exposure shall no longer include the Revolving Credit Exposure of each Non-Extending Revolving Credit Lender.