Examples of Replacement Revolving Credit Loans in a sentence
The amount of the Replacement Revolving Credit Commitments or Replacement Revolving Credit Loans of each Replacement Revolving Credit Lender shall be the amount set forth on Schedule 1 hereto opposite such Replacement Revolving Credit Lender’s name.
Each Guarantor also re-affirms that its bond issued under its Deed of Hypothec and Issue of Bonds dated November 16, 2004 has been pledged to the Administrative Agent and continue to be security for the Obligations which include the obligations under the Credit Agreement as amended by this Amendment (including with respect to the Replacement Revolving Credit Loans resulting from such Amendment).
Subject to the satisfaction of the conditions set forth in Section 3 of this Amendment, the Replacement Revolving Credit Commitments and the Replacement Revolving Credit Loans shall become effective and available (other than the Xxxxxx Revolving Credit Loans) on a fully revolving basis during the period from and including the Amendment No. 2 Effective Date until December 31, 2014 or, if such day is not a Business Day, the next preceding Business Day (the “Replacement Revolving Credit Termination Date”).
Each Borrowing of Replacement Revolving Credit Loans under this Agreement shall be granted by the Lenders of the relevant Class thereof pro rata on the basis of their then-applicable Replacement Revolving Credit Commitments for the applicable Class.
Replacement Revolving Credit Loans may be BA Rate Loans or Canadian Prime Rate Loans, as further provided herein.
The Replacement Revolving Credit Commitments, the Replacement Revolving Credit Loans, the swing line loans and the letters of credit issued thereunder shall have the terms as specified in the Amended Credit Agreement (including, without limitation, with respect to the interest rate, maturity date, mandatory prepayments and voluntary prepayments).