Definition of Revolving R-2 Committed Amount


Revolving R-2 Committed Amount means $200.0 million, or such greater or lesser amount to which the Revolving R-2 Committed Amount may be adjusted from time to time in accordance with this Agreement.

Examples of Revolving R-2 Committed Amount in a sentence

If the Canadian Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.12(b), such amount (to the extent not applied as aforesaid) shall be returned to the Canadian Borrower upon demand; provided that, after giving effect to such return, the aggregate Revolving R-2 Facility Credit Exposure would not exceed the Revolving R-2 Committed Amount.
If the Canadian Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.12(b), such amount (to the extent not applied as aforesaid) shall be returned to the Canadian Borrower upon demand; provided that, after giving effect to such return, (i) the aggregate Revolving R-2 Facility Credit Exposure would not exceed the Revolving R-2 Committed Amount and (ii) no Default or Event of Default shall have occurred and be continuing.