Examples of Revolving Credit Lenders in a sentence
The Transferred Letters of Credit shall be deemed, on the Effective Date (as defined in the 2019 Credit Agreement), to have been issued under the 2019 Credit Agreement, such that they constituted Letters of Credit in all respects and, from and after the Effective Date (as defined in the 2019 Credit Agreement), shall be subject to the fees set in Section 2.10(2) which are payable to the Revolving Credit Lenders.
Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Credit Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate.
The Administrative Agent shall notify the Revolving Credit Lenders or the Additional LC Lenders, as applicable, of any such additional Issuing Bank.
In the event of any such resignation as the L/C Issuer or the Swingline Lender, the Borrower shall be entitled to appoint from among the Revolving Credit Lenders, a successor L/C Issuer or Swingline Lender hereunder; provided that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America as the L/C Issuer or the Swingline Lender, as the case may be.
The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Credit Agreement.