Revolving Lender definition

Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

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Revolving Lender each Lender that has a Revolving Commitment or that holds Revolving Loans.

Revolving Lender means each Lender that has a Revolving Commitment or that holds Revolving Loans.

Examples of Revolving Lender in a sentence

The Company shall pay to the Administrative Agent, for the account of each Revolving Lender in accordance with its Pro Rata Revolving Share, a commitment fee in Dollars equal to the product of (A) the Applicable Rate times (B) the actual daily amount by which the Aggregate Revolving Commitments exceed the sum of (1) the Outstanding Amount of Revolving Loans and (2) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.16.
Any reduction of the Aggregate Revolving Commitments shall be applied to the Revolving Commitment of each Revolving Lender according to its Pro Rata Revolving Share.
The election of any Revolving Lender to agree to such extension shall not obligate any other Revolving Lender to so agree.
This Amendment shall be signed upon the date (the “Amendment No. 2 Signing Date”) that this Amendment shall have been executed and delivered by the Borrower, the Company, each other Credit Party (other than the Released Guarantors, as hereinafter defined), each Existing Lender, each 2026 Revolving Lender, each Issuing Bank, the Predecessor Administrative Agent, the Successor Administrative Agent and the Common Security Agent.
The Administrative Agent shall calculate the net amount to be paid by each Purchasing Revolving Lender and received by each Selling Revolving Lender in connection with the assignments effected hereunder on the Settlement Date, and will notify each such Purchasing Revolving Lender and Selling Revolving Lender of such amounts.

More Definitions of Revolving Lender

Revolving Lender means a Lender with a Revolving Commitment.

Revolving Lender means, at any time, (a) so long as any Revolving Commitment is in effect, any Lender that has a Revolving Commitment at such time or (b) if the Revolving Commitments have terminated or expired, any Lender that has a Revolving Loan or a participation in L/C Obligations or Swingline Loans at such time.

Revolving Lender means a Lender with a Revolving Commitment or Revolving Credit Exposure.

Revolving Lender means each Lender with a Revolving Loan Commitment (or if the Revolving Loan Commitments have terminated, who hold Revolving Loans or participations in Swing Loans or Letter of Credit Obligations).

Revolving Lender means a Lender with a Revolving Commitment or Revolving Exposure.

Revolving Lender means each Lender having a Revolving Loan Commitment Amount in excess of Zero Dollars ($0) (or, in the event the Revolving Loan Commitment shall have been terminated at any time, each Lender at such time having Revolving Loan Outstandings in excess of Zero Dollars ($0)).

Revolving Lender means a Lender that has a Revolving Loan Exposure or Letter of Credit Exposure.