Examples of Original Revolving Loan Commitment in a sentence
A permanent reduction of the Aggregate Original Revolving Loan Commitment shall not require a corresponding pro rata reduction in the L/C Sublimit or the Swingline Commitment; provided, that the L/C Sublimit and/or the Swingline Commitment, as applicable, shall be permanently reduced by the amount thereof in excess of the Aggregate Original Revolving Loan Commitment.
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Each Lender with an Original Revolving Loan Commitment hereunder agrees to participate in all Letter of Credit Advances as provided herein.
Finally, by tasking the Office of Higher Education with studying and making recommendations regarding recruitment and retention of people of color in health care fields and cultural humility educational in health care curricula, this bill will help ensure that the next generation of health care workers will have more diversity and more wisdom regarding they ways racism shows up in health care.House Bill 6662 is an important acknowledgement of one of the most harmful effects of racism – public health.
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On the Restatement Effective Date, each Original Revolving Loan Commitment (as in effect on the Restatement Effective Date immediately prior to giving effect thereto) of each Original Revolving Lender under the Original Credit Agreement is hereby continued as a Revolving Loan Commitment hereunder of such Original Revolving Lender.
The amount of the Aggregate Original Revolving Loan Commitment, and the respective amounts of the Original Revolving Loan Commitments, shall be reduced on a dollar for dollar basis by the undrawn stated amount of all outstanding Letters of Credit.
If and to the extent that a Lender with an Original Revolving Loan Commitment hereunder does not make its portion of such Letter of Credit Advance available to the Administrative Agent, such Lender agrees to pay to the Administrative Agent forthwith on demand such amount, together with interest thereon, for each day from the date of demand by the Issuing Lender until the date such amount is paid to the Administrative Agent, at the Federal Funds Effective Rate for the account of the Issuing Lender.
The Borrower agrees to pay to the Administrative Agent, for the account of the Revolving Loan Lenders in accordance with each Revolving Loan Lender's Original Revolving Loan Commitment, a fee (the "Commitment Fee"), during the Revolving Loan Commitment Period, at a rate per annum equal to the Commitment Fee Percentage on the average daily unused Aggregate Applicable Revolving Loan Commitment with respect to the Original Revolving Loan Facility.