Permitted Senior Revolving Credit Requirement definition

Permitted Senior Revolving Credit Requirement means that, on any date of determination, the Term B Loans shall have been advanced pursuant to Section 2.01(b).
Permitted Senior Revolving Credit Requirement means that, on any date of determination, Consolidated Net Sales for the four fiscal quarter period most recently ended for which financial statements have been delivered by the Borrower pursuant to Section 7.01(a) or (b) were at least $115,000,000.

Related to Permitted Senior Revolving Credit Requirement

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).