Revolving Obligations definition

Revolving Obligations means the Revolving Loans, the L/C Obligations and the Swing Line Loans.
Revolving Obligations means the “Obligations” as defined in the Revolving Credit Agreement.

Examples of Revolving Obligations in a sentence

  • Immediately after giving pro forma effect to the advance of any such Borrowing or such issuance or increase or any extension of the expiration date of a Letter of Credit, such Borrowing or such issuance or increase or extension of the expiration date thereof plus all other Revolving Obligations then outstanding shall not exceed the CNTA Threshold.


More Definitions of Revolving Obligations

Revolving Obligations means, collectively, the Revolving Loans and the LOC Obligations.
Revolving Obligations means the sum of the Dollar Equivalent of the principal amount of all Revolving Loans and L/C Obligations outstanding.
Revolving Obligations means Revolving Loans, L/C Obligations and Swing Line Loans.
Revolving Obligations means (x) advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party and its Subsidiaries arising under any Loan Document (or otherwise) with respect to any Revolving Credit Loan, Swingline Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including charges, interest, expenses, fees, attorneys’ fees, indemnities and other amounts that accrue after the commencement by or against any Loan Party or Subsidiary of any proceeding under the Bankruptcy Code or any other federal, state, or provincial bankruptcy, insolvency, receivership or similar law, naming such Person as the debtor in such proceeding, regardless of whether such charges, interest, expenses, fees, attorneys’ fees, indemnities and other amounts are allowed claims in such proceeding, and (y) obligations of any Loan Party and its Subsidiaries arising with respect to any Other Liabilities, provided that the Revolving Obligations shall exclude any Excluded Swap Obligations. Without limiting the generality of the foregoing, the Revolving Obligations of the Loan Parties under the Loan Documents (and of their Subsidiaries to the extent they have obligations to the Revolving Credit Parties under the Loan Documents) include (a) the obligation (including guarantee obligations) to pay principal, interest, Letter of Credit commissions, reimbursement obligations, charges, expenses, fees, attorneys’ fees, indemnities and other amounts payable by any Loan Party or its Subsidiaries under any Loan Document to any Revolving Credit Party, including charges, interest, expenses, fees, attorneys’ fees, indemnities and other amounts that accrue after the commencement by or against any Loan Party or Subsidiary of any proceeding under the Bankruptcy Code or any other federal, state, or provincial bankruptcy, insolvency, receivership or similar law, naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding, and (b) the obligation of any Loan Party or any of its Subsidiaries to reimburse any amount in respect of any of the foregoing that any Revolving Credit Party, in its sole discretion, may elect to pay or advance on behalf of such Loan Party or such Subsidiary in accordance with, and to the extent permitted, by the Loan Documents, provided that the Revolving Obligations shall exclude any ...
Revolving Obligations means all Obligations (other than Obligations under clauses (y) and (z) of the first sentence of the definition of “Obligations”) relating to the Revolving Credit Loans, Swing Line Loans, Letters of Credit (including L/C Obligations) and the Revolving Credit Commitments.