Offshore Revolving Loan Commitment definition

Offshore Revolving Loan Commitment means a UK Revolving Loan Commitment, an Australian Revolving Loan Commitment, a Canadian Revolving Loan Commitment or an Italian Revolving Loan Commitment, and “Offshore Revolving Loan Commitments” means all such commitments.
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Offshore Revolving Loan Commitment means an Australian Revolving Loan Commitment, a Canadian Revolving Loan Commitment, a Dutch Revolving Loan Commitment or a Swiss Revolving Loan Commitment, and “Offshore Revolving Loan Commitments” means all such commitments.
Sample 1
Offshore Revolving Loan Commitment means the commitments of an Offshore Lender to make Offshore Revolving Loans pursuant to subsection 2. 1A(iii), and "Offshore Revolving Loan Commitments" means such commitments of all such Lenders in the aggregate.
Sample 1

Examples of Offshore Revolving Loan Commitment in a sentence

  • In the event that a Lender assigns the full amount of its Term Loans and Revolving Loans, its Revolving Loan Commitments and its other Obligations and such Lender has an Offshore Revolving Loan Commitment, any outstanding Offshore Revolving Loans at the time of such assignment, such Lender must also assign the full amount of such Offshore Revolving Loans to an Eligible Assignee and the full amount of such Offshore Revolving Loan Commitment in accordance with the terms of this paragraph.

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  • Such termination or partial reduction of any of the Offshore Revolving Loan Commitments or the Revolving Loan Commitments shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment or the Revolving Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share.

  • Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, the Revolving Loan Commitments or the Term Loan Commitments shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, the Revolving Loan Commitment or the Term Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share.

  • Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, the Revolving Loan Commitments or the Term Loan Commitments shall be effective on the date specified in the notice delivered by Borrowers' Agent and shall reduce the applicable Offshore Revolving Loan Commitment, the Revolving Loan Commitment or the Term Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share.

  • Upon effectiveness of any such increase, the applicable Pro Rata Share of each Revolving Lender and Offshore Revolving Lender will be adjusted to give effect to the increase in Revolving Loan Commitments and Offshore Revolving Loan Commitments and Administrative Agent shall provide notice to each Revolving Lender of such Lender’s Revolving Loan Commitment, Offshore Revolving Loan Commitment and applicable Pro Rata Shares after giving effect to such increase.

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  • Upon effectiveness of any such Additional Offshore Revolving Loan Commitments, the Pro Rata Share of each Lender will be adjusted to give effect to the Additional Offshore Revolving Loan Commitments and Administrative Agent shall provide notice to Lenders with an Additional Offshore Revolving Loan Commitment or Additional Offshore Revolving Loans of such Lender’s Pro Rata Share after giving effect to such Additional Offshore Revolving Loan Commitments.

  • Such termination or partial reduction of any of the Offshore Revolving Loan Commitments, US Revolving Loan Commitment or the Multicurrency Revolving Loan Commitments, as the case may be, shall be effective on the date specified in the notice delivered by Borrowers’ Agent and shall reduce the applicable Offshore Revolving Loan Commitment, US Revolving Loan Commitment or Multicurrency Revolving Loan Commitment, as the case may be, of each Lender proportionately to its Pro Rata Share.

Related to Offshore Revolving Loan Commitment

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • 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.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

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

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

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

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

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

  • 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.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).