Revolving Sublimit definition

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower, $150,000,000 and (vi) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility.

Revolving Sublimit means $440,000,000; provided that (i) from the Closing Date through December 31, 2008, the aggregate amount of outstanding Loans shall not exceed $425,000,000, and (ii) the Revolving Sublimit shall be permanently reduced to $415,000,000 on July 1, 2009.

Revolving Sublimit means (a) during the Interim Period, an aggregate amount not to exceed $31,500,000; provided that, notwithstanding anything to the contrary set forth herein, the proceeds of any Revolving Advances made during the Interim Period may only be used by the Parent and its Subsidiaries to satisfy their obligations under the 6.5% Convertible Senior Notes arising as a result of any holder thereof exercising its right to require the Parent to purchase such Notes, and (b) thereafter, in an aggregate amount not to exceed $150,000,000; provided that, notwithstanding anything to the contrary set forth herein, if the Interim Period terminates prior to December 30, 2010, $31,500,000 of the Revolving Sublimit shall be reserved, at any time following the date of such termination and on or prior to December 30, 2010, solely for the Revolving Advances the proceeds of which will be used by the Parent and its Subsidiaries to satisfy their obligations under the 6.5% Convertible Senior Notes arising as a result of any holder thereof exercising its right to require the Parent to purchase such Notes.

Examples of Revolving Sublimit in a sentence

• This Note is one of the promissory notes originated to evidence Credit Extensions under the Revolving Facility and the Non- Revolving Sublimit in the Loan Agreement.

• Within the limits of each Revolving Lender’s Revolving Commitment and the Revolving Sublimit, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.08, and reborrow under this Section 2.01(a).

• Revolving Loans may not be incurred as Acquisition Revolving Loans if after giving effect thereto the aggregate outstanding principal amount of Acquisition Revolving Loans would exceed the Acquisition Revolving Sublimit at such time.

• The FILO Revolving Sublimit is part of, and not in addition to, the Initial Primary Commitment.

• In no event shall Overadvance Loans be required that would cause (i) the aggregate outstanding U.S. Revolving Loans and LC Obligations to exceed the aggregate Revolving Commitments, (ii) the aggregate outstanding Canadian Revolving Loans to exceed the aggregate Canadian Revolving Sublimit or (iii) the Aggregate Exposure to exceed the Aggregate Commitments.

More Definitions of Revolving Sublimit

Revolving Sublimit means (i) with respect to the Canadian Borrower, $100,000,000; and (ii) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility.

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower,

Revolving Sublimit means initially $25,000,000, as such amount is increased from time to time pursuant to Section 2.03(f). References to the unused portion of the Revolving Sublimit shall mean the positive difference, if any, at any time of determination of (x) the Revolving Sublimit at such time, minus (y) the Aggregate Revolving Capital at such time.

Revolving Sublimit means (i) with respect to the Canadian Borrower, $150,000,000, (ii) with respect to the U.K. Borrower, $150,000,000, (iii) with respect to each Irish Borrower, $150,000,000, (iv) with respect to the German Borrower, $150,000,000, (v) with respect to the Lux Borrower, $150,000,000 and (vi) with respect to any Additional Foreign Borrower that is a Borrower under any Revolving Facility, the amount agreed by the Agent and the U.S. Borrower at the time such Additional Foreign Borrower becomes a Borrower under such Revolving Facility. “Sale and Lease-Back Transaction” means any arrangement with any Per- son providing for the leasing by the U.S. Borrower or any Restricted Subsidiary of any real or tangible personal property, which property has been or is to be sold or transferred by the U.S. Borrower or such Restricted Subsidiary to such Person in contemplation of such leasing. “S&P” means Standard & Poor’s Financial Services LLC, a division of the XxXxxx-Xxxx Companies, Inc., and any successor to its rating agency business.

Revolving Sublimit means $585,000,000, and shall be subject to increase in accordance with the provisions of Section 2.1.1.2.

Revolving Sublimit means $405,000,000; provided that the Revolving Sublimit shall be permanently reduced to $375,000,000 on July 16, 2009.

Revolving Sublimit means the Company Sublimit, the CTWS Sublimit, the SJWC Sublimit and/or the SJWTX Sublimit, as the context shall require.