Revolving Facility Commitments definition

Revolving Facility Commitments means a Revolving Facility A Commitment, a Revolving Facility B Commitment, a Revolving Facility C Commitment, a Revolving Facility D Commitment a Revolving Facility E Commitment, a Revolving Facility F Commitment or a Revolving Facility G Commitment.

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Revolving Facility Commitments. (as defined in the Existing Credit Agreement) shall be redesignated as Revolving Facility Commitments hereunder as set forth on Schedule 2.01; and (ii) the Existing Letters of Credit which remain outstanding on the Closing Date shall continue as Letters of Credit under (and shall be governed by the terms of) this Agreement.

Revolving Facility Commitments means, with respect to any Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans and purchase participations in L/C Obligations and Swingline Loans, in each case as such commitment may be reduced or increased from time to time pursuant to Section 2.09, Section 9.04, Section 2.22, Section 2.23, Section 2.24 or otherwise in accordance with this Agreement. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance, Additional Credit Extension Amendment or other applicable definitive documentation pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitment as of the Closing Date is $200,000,000. The Revolving Facility Commitments include the Additional Revolving Commitments, Extended Revolving Commitments and Replacement Revolving Commitments.

Examples of Revolving Facility Commitments in a sentence

• A Letter of Credit shall be issued, amended or extended only if (and upon issuance, amendment or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment or extension (i) the Revolving L/C Exposure shall not exceed the Letter of Credit Sublimit, (ii) the applicable Revolving Facility Credit Exposure shall not exceed the applicable Revolving Facility Commitments.

• The Revolving Facility Commitments which, at that time, are unutilised (taking into account a utilisation of a Revolving Facility by way of a Swingline Loan) shall be immediately cancelled at the end of the Availability Period for the relevant Revolving Facility.

• Each of the parties hereto hereby agrees that, (i) upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitments and/or Incremental Revolving Facility Commitments evidenced thereby as provided in Section 10.08(e).

• Any cancellation under this Clause ‎‎9.4 shall reduce the Revolving Facility Commitments of the Lenders rateably under that Facility.

• The Revolving Facility Percentage of each Revolving Facility Lender with Revolving Facility Commitments shall be reallocated such that the Revolving Facility Percentage of such Class shall be determined based upon the Revolving Facility Commitments after giving effect to the 2025 Incremental Revolving Facility Commitments.

More Definitions of Revolving Facility Commitments

Revolving Facility Commitments means, with respect to any Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(c), as such commitment may be (a) reduced from time to time pursuant to Section 2.09, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased as provided under Section 2.22. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance or Additional Credit Extension Amendment pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitment as of the Closing Date is $125,000,000. The Revolving Facility Commitments include the Additional Revolving Commitments, Extended Revolving Commitments and Replacement Revolving Commitments.

Revolving Facility Commitments shall have the meaning assigned to such term in the Existing Revolver Credit Agreement.

Revolving Facility Commitments means the “Revolving Loan Commitments” as defined in the Revolving Facility Agreement.

Revolving Facility Commitments means, with respect to any Revolving Facility Lender, the commit- ment of such Revolving Facility Lender to make Revolving Facility Loans and purchase participations in L/C Obli- gations and Swingline Loans, in each case as such commitment may be reduced or increased from time to time pur- suant to Section 2.09, Section 9.04, Section 2.22, Section 2.23, Section 2.24 or otherwise in accordance with this Agreement. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance, Additional Credit Extension Amendment or other applicable definitive documentation pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitment as of the Closing Date is $200,000,000. The Revolving Facility Commitments include the Additional Revolving Commit- ments, Extended Revolving Commitments and Replacement Revolving Commitments. “Revolving Facility Credit Exposure” shall mean the sum of (a) the aggregate Outstanding Amount of the Revolving Facility Loans at such time, (b) the Outstanding Amount of Swingline Loans at such time and (c) the Outstanding Amount of the L/C Obligations at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Revolving Facility Lender’s Revolving Facility Percentage at such time and (y) the aggregate Revolving Facility Credit Exposure at such time. “Revolving Facility Lender” shall mean a Lender with a Revolving Facility Commitment or with Revolv- ing Facility Credit Exposure.

Revolving Facility Commitments means the aggregate Revolving Facility Commitments of all of the Revolving Facility Lenders. As of the Closing Date, the aggregate amount of the Revolving Facility Commitments of all Revolving Facility Lenders is $300,000,000.00.

Revolving Facility Commitments means the 2018 Revolving Facility Commitments, the 2020 Revolving Commitments, any Incremental Revolving Facility Commitments and/or any Replacement Revolving Facility Commitments, as the context may require.

Revolving Facility Commitments means the collective reference to the Current Asset Revolving Facility Commitments and the Fixed Asset Revolving Facility Commitments.