Revolver Specified Percentage definition

Revolver Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof designated as its Revolver Specified Percentage, or as adjusted or specified (i) in any Assignment and Acceptance or (ii) in any amendment to this Agreement.
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Revolver Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof designated as its Revolver Specified Percentage, or as adjusted or specified (a) in any Assignment and Acceptance, (b) in any amendment to this Agreement or (c) in each case, upon each date of any reduction in the Canada Indebtedness Amount, the Revolver Specified Percentage of each Lender will be adjusted to increase the Canada Lender's Revolver Specified Percentage and decrease each other Lender's Revolver Specified Percentage, such that, (i) after such adjustments to the Revolver Specified Percentages of the Lenders, the Canada Lender's Revolver Specified Percentage of the Commitment shall be equal to a greater amount than prior to such adjustment (and such amount of increase shall be equal to the amount of decrease in the Canada Indebtedness Amount), and (ii) both before and after such adjustments to the Revolver Specified Percentages of the Lenders, with respect to all Lenders other than the Canada Lender, each such Lenders' Revolver Specified Percentage of the Commitment shall be equal to the same Dollar amount.
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Examples of Revolver Specified Percentage in a sentence

  • Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make Domestic Revolver Advances to the Domestic Borrower on a Business Day during the period from the Closing Date to the Maturity Date, in an aggregate principal amount not to exceed at any time outstanding such Lender's Domestic Revolver Specified Percentage of the difference between the Domestic Revolver Commitment and Domestic Revolver Advances then outstanding.

  • Each Lender agrees, unconditionally and irrevocably to reimburse Administrative Agent on demand for such Lender's Revolver Specified Percentage of each draw paid by Administrative Agent under any Letter of Credit.

  • Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make Advances to the Borrower on a Business Day during the period from the Closing Date to the First Maturity Date, in an aggregate principal amount not to exceed at any time outstanding such Lender's Revolver Specified Percentage of the Commitment.

  • Each Lender agrees, unconditionally and irrevocably to reimburse Administrative Agent on demand for such Lender's Foreign Revolver Specified Percentage of each draw paid by Administrative Agent under any Letter of Credit (or if such Letter of Credit is denominated in a currency other than Dollars, the Dollar equivalent of such currency).

  • The Lenders shall participate ratably in any liability under the Letters of Credit and in any unpaid reimbursement obligations of the Borrower with respect to any Letter of Credit in their Revolver Specified Percentages (or if such Letter of Credit is denominated in a currency other than Dollars, the Dollar equivalent of their Revolver Specified Percentage of such currency).

  • All apparatus on the roof of any building shall be screened to the satisfaction of the Development Authority.

  • Xxxxxxxx Its: Vice President LENDERS: Revolver Specified Percentage: 100% BANK OF AMERICA, NT&SA, individually as a Lender Address: 000 Xxxxxxxxxx Xxxxxx /s/ Xxxx X.

  • Subject to Section 11.08 hereof, the Borrower shall pay to Administrative Agent for the account of Lenders pro rata in accordance with each Lender's Revolver Specified Percentage, a commitment fee (the "Revolver Commitment Fee") equal to 0.375% per annum on the average daily amount of the Unused Facility Amount, payable in arrears on each Quarterly Date commencing with the first Quarterly Date after the Closing Date, and continuing until the Maturity Date.

  • Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving Revolver Advances available to the Borrower on a Business Day during the period from the Closing Date to the Maturity Date in an aggregate principal amount not to exceed at any time outstanding such Lender's Revolver Specified Percentage of the difference between the Revolver Commitment and the sum of Revolver Advances then outstanding.

  • Xxxxx Its: Managing Director LENDERS: Domestic Revolver Specified BANK OF AMERICA, N.A., individually as a Percentage: 50% Lender Foreign Revolver Specified Percentage: 50% Address: 000 Xxxx Xxxxxx 64th Floor /s/ ---------------------------------- Xxxxxx, Xxxxx 00000 By: Xxxxx X.

Related to Revolver Specified Percentage

  • Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof, or if applicable, specified in its most recent Assignment Agreement.

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • 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.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Prepayment Shift Percentage Not applicable.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Commitment Utilization Percentage means on any day the percentage equivalent to a fraction (a) the numerator of which is the aggregate outstanding principal amount of Revolving Credit Loans, including the aggregate outstanding principal amount of Letters of Credit, Swingline Loans and Competitive Loans, and (b) the denominator of which is the Total Commitment (or, on any day after termination of the Commitments, the Total Commitment in effect immediately preceding such termination).

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurocurrency Margin for Eurocurrency Rate Loans in effect on such date.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Required Percentage As of any Distribution Date following the Stepdown Date, the quotient of (1) the excess of (A) the Stated Principal Balances of the Mortgage Loans as of such Distribution Date, over (B) the Certificate Principal Balance of the most senior Class of Certificates outstanding as of such Distribution Date, prior to giving effect to distributions to be made on such Distribution Date and (2) the Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).