Roll-Up Event definition

Roll-Up Event means (i) the subscription by lenders, including lenders under the Prepetition First Priority Secured Facilities, to the Roll-Up Commitment prior to the Roll-Up Event Deadline and (ii) the entry of the Final Order by the Bankruptcy Court with respect to the Roll-Up Commitment.
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Roll-Up Event or “Roll-Up Hit” means an Event or Hit, respectively, that is additionally processed by a Roll-Up Property and stored therein.
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Examples of Roll-Up Event in a sentence

  • In the case of the Roll-Up Commitment, the Roll-Up Event shall have occurred prior to the Roll-Up Event Deadline.

  • If the Roll-Up Event occurs more than 30 days after the Effective Date, the Administrative Agent shall have received on the Roll-Up Funding Date a certificate of a Responsible Officer to the effect that the Borrowers’ Unrestricted Cash (determined on a bank cash basis and not book cash basis) plus Available Revolving Credit as of the Roll-Up Date based on the Borrowing Base Certificate described in Section 3.2(j) shall not be less than $55,000,000 (together with supporting calculations of such amount).

  • Conditions Precedent of Initial Extension of Credit Under the Roll-Up Commitment and under the Interim/Permanent Commitment if the Roll-Up Event has not occurred within Sixty Days of the issuance of the Interim Order.