Revolving Loan Commitment definition

Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

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Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Revolving Loans and to purchase participations in Letters of Credit and to participate in Swing Line Loans in an aggregate amount not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading “Revolving Loan Commitment” or the signature page of the Assignment Agreement by which it became a Lender, as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable Assignment Agreement.

Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

Examples of Revolving Loan Commitment in a sentence

After giving effect to any Borrowing of Revolving Loans, the Effective Amount of all Revolving Loans, Swingline Loans and L/C Obligations shall not exceed the Aggregate Revolving Loan Commitment.
If at any time the then outstanding principal balance of Revolving Loans exceeds the Aggregate Revolving Loan Commitment, Borrowers shall immediately prepay outstanding Revolving Loans and, to the extent necessary and applicable, cash collateralize outstanding Letters of Credit in an amount sufficient in the aggregate to eliminate such excess in accordance herewith and in a manner satisfactory to the Issuing Banks.
At the request of Agent, Borrowers shall execute and deliver to each Revolving Lender a note to evidence the Revolving Loan Commitment of that Revolving Lender, which note shall be in the principal amount of the Revolving Loan Commitment of the applicable Revolving Lender and in the form determined by Agent in accordance with the terms hereof (each a “Revolving Note” and, collectively, the “Revolving Notes”).
After giving effect to any Borrowing of Term Revolving Loans, the Effective Amount of all Term Revolving Loans shall not exceed the Aggregate Term Revolving Loan Commitment minus any Casualty Reserve established by Agent.
The Pro Rata Share of the Term Revolving Loan of any Term Revolving Lender shall not at any time exceed its separate Term Revolving Loan Commitment.

More Definitions of Revolving Loan Commitment

Revolving Loan Commitment means, relative to any Lender, such Lender’s obligation (if any) to make Revolving Loans pursuant to clause (a) of Section 2.1.1.

Revolving Loan Commitment means, as of any date of determination, the aggregate Revolving Loan Commitment Amounts of all Lenders as of such date.

Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule I hereto directly below the column entitled “Revolving Loan Commitment”, as the same may be (x) terminated or reduced pursuant to Sections 3.02, 3.03, 4.02 and/or 9, as applicable, or (y) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 2.12 or 11.04(b).

Revolving Loan Commitment is defined in Section 2.1.2.

Revolving Loan Commitment means the commitment of a Lender to make Revolving Loans to Company pursuant to subsection 2.1A(iii), and "REVOLVING LOAN COMMITMENTS" means such commitments of all Lenders in the aggregate.

Revolving Loan Commitment means the several obligations of the Lenders to advance to the Borrowers on or after the Agreement Date, in accordance with their respective Revolving Commitment Ratios, pursuant to the terms of this Agreement, the aggregate amount of up to $175,000,000, as such amount may be reduced from time to time pursuant to the terms of this Agreement or increased pursuant to Section 2.17.

Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Revolving Loans not exceeding the amount set forth on Schedule 1 under the caption “Revolving Loan Commitment” (as amended or replaced from time to time) or as set forth in any Assignment Agreement relating to any assignment that has become effective pursuant to Section 12.3, as such amount may be modified from time to time pursuant to the terms hereof.