Total Revolving Commitment definition

Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.02(b). As of the Closing Date, the amount of the Total Revolving Commitment is $190,000,000.
Total Revolving Commitment means, at any time, the sum of the Revolving Commitments of each of the Lenders at such time.
Total Revolving Commitment means the sum of the Revolving Commitments of each of the Lenders.

Examples of Total Revolving Commitment in a sentence

  • At any time after the Effective Date and prior to the last day of the Commitment Period, Borrower may, by written notice to Agent, request that the Total Revolving Commitment Amount be increased up to the maximum principal amount of Four Hundred Twenty-Five Million Dollars ($425,000,000), so long as no Default or Event of Default has occurred and is continuing at the time of such request and on the date of and after giving effect to any such increase.

  • Subject to the terms and conditions of this Agreement, during the Commitment Period, the Banks shall make a Revolving Loan or Revolving Loans to Borrower in such amount or amounts as Borrower may from time to time request, but not exceeding in aggregate principal amount at any time outstanding hereunder the Total Revolving Commitment Amount, when such Revolving Loans are combined withthe Letter of Credit Exposure.

  • Borrower shall pay to Agent, for the ratable account of the Banks, as a consideration for the Revolving Credit Commitment, a commitment fee from the date hereof to and including the last day of the Commitment Period, payable quarterly, equal to (a) the Applicable Commitment Fee Rate in effect on the payment date, times (b) (i) the Total Revolving Commitment Amount minus (ii) the average daily Revolving Credit Exposure (other than outstanding Swing Line Loans) during such quarter.

  • After each such reduction, the commitment fees payable hereunder shall be calculated upon the Total Revolving Commitment Amount as so reduced.

  • If the Revolving Credit Exposure at any time exceeds the Total Revolving Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all Revolving Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Revolving Credit Commitments of the Banks.


More Definitions of Total Revolving Commitment

Total Revolving Commitment means, at any time, the sum of the Revolving Commitments at such time.
Total Revolving Commitment means, at any time, the aggregate amount of the Revolving Commitments, as in effect at such time.
Total Revolving Commitment means, at any time, the aggregate amount of the LendersRevolving Commitments as in effect at such time. The initial Total Revolving Commitment is $1,500,000,000.
Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as in effect at such time. As of the ClosingAmendment No. 1 Effective Date, the amount of the Total Revolving Commitment is $800,000,000.900,000,000.
Total Revolving Commitment means, at any time, the sum of the Revolving Commitments of each of the Revolving Lenders at such time. The Total Revolving Commitment on the Closing Date is $300,000,000.
Total Revolving Commitment means, as of any date of determination, the aggregate amount of the Revolving Commitments on such date, which as of the Closing Date is $200,000,000.
Total Revolving Commitment means the sum of all Revolving Commitments pursuant to this Agreement. On the Closing Date, the Total Revolving Commitment shall be $25,000,000, as set forth on Annex A, as the same may be (a) reduced from time to time pursuant to Section 2.07 or Section 2.16(b) and (b) increased from time to time pursuant to Incremental Revolving Loan Commitments.