Tranche 2 Revolving Commitment definition

Tranche 2 Revolving Commitment means, as to any Tranche 2 Revolving Lender, the obligation of such Lender to make Tranche 2 Revolving Loans and purchase participation interests in Tranche 2 Letters of Credit in an aggregate principal amount not to exceed the amount set forth under the heading “Tranche 2 Revolving Commitment” opposite such Lender’s name on Schedule 1.01A or in the Assignment and Assumption or New Lender Supplement pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms of this Agreement. The aggregate Dollar Amount of all Tranche 2 Revolving Commitments on the Closing Date is $400,000,000.
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Tranche 2 Revolving Commitment as to any Tranche 2 Revolving Lender, the obligation of such Tranche 2 Revolving Lender, if any, to make Tranche 2 Revolving Loans in an aggregate principal amount not to exceed the amount set forth under the heading “Tranche 2 Revolving Commitment” opposite such Tranche 2 Revolving Lender’s name on Schedule 1.1A or in the Assignment and Assumption pursuant to which such Tranche 2 Revolving Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate original amount of the Tranche 2 Revolving Commitments is US$35,000,000.
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Tranche 2 Revolving Commitment means, as to each Tranche 2 Revolving Lender, such Tranche 2 Revolving Lender’s obligation to make Tranche 2 Revolving Loans pursuant to Section 2.1.(a)(ii) in an amount up to, but not exceeding the amount set forth for such Tranche 2 Revolving Lender on Schedule I as such Tranche 2 Revolving Lender’s “Tranche 2 Revolving Commitment Amount” or as set forth in the applicable Assignment and Assumption, as the same may be reduced from time to time pursuant to Section 2.13. or increased or reduced as appropriate to reflect any assignments to or by such Tranche 2 Revolving Lender effected in accordance with Section 13.5.
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Examples of Tranche 2 Revolving Commitment in a sentence

  • Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.16., each Tranche 2 Revolving Lender severally and not jointly agrees to make Tranche 2 Revolving Loans in a Tranche 2 Currency to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Tranche 2 Revolving Lender’s Tranche 2 Revolving Commitment.

  • For purposes of computing commitment fees with respect to (x) Tranche 1 Revolving Commitments, a Tranche 1 Revolving Commitment of a Lender shall be deemed to be used to the extent of the Tranche 1 LC Exposure of such Lender (but not by the Swingline Exposure of such Lender) and (y) Tranche 2 Revolving Commitments, a Tranche 2 Revolving Commitment of a Lender shall be deemed to be used to the extent of the Tranche 2 LC Exposure of such Lender.

  • Each Revolving Lender hereby agrees that, after giving effect to this Amendment, its Tranche 2 Revolving Commitment shall be in the amount indicated beside such Revolving Lender’s name on Schedule I hereto.

  • Each Tranche 2 Revolving Lender, a commitment fee, which shall accrue at the Commitment Fee Rate (as defined below) on the daily average unused amount of such Lender's Tranche 2 Revolving Commitment for the period from and including November 13, 2009 to, but excluding, the date on which such Tranche 2 Revolving Commitment terminates.

  • For purposes of computing commitment fees with respect to Tranche 2 Revolving Commitments, a Tranche 2 Revolving Commitment of a Lender shall be deemed to be used to the extent of the Designated Foreign Currency Exposure of such Lender.


More Definitions of Tranche 2 Revolving Commitment

Tranche 2 Revolving Commitment means, with respect to each Tranche 2 Revolving Facility Lender, the commitment of such Tranche 2 Revolving Facility Lender to make Tranche 2 Revolving Facility Loans pursuant to Section 2.01, expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Tranche 2 Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The aggregate amount of the Tranche 2 Revolving Commitments on the Restatement Effective Date is $600,000,000, which amount comprises $430,769,230.76 of Tranche 2 Revolving Commitments constituting the Extended Portion of each Revolving Facility Commitment outstanding under (and as defined in) the Existing Credit Agreement immediately prior to the Restatement Effective Date, and $169,230,769.24 of Tranche 2 Revolving Commitments constituting the “New Tranche 2 Revolving Commitments” provided pursuant to, and as defined in, the Amendment Agreement; and for each Revolving Facility Lender is set forth opposite such Lender’s name on Schedule 2.01.
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Tranche 2 Revolving Commitment means the commitment of a Bank to make or otherwise fund any Tranche 2 Revolving Loan and “Tranche 2 Revolving Commitments” means such commitments of all Banks in the aggregate. The Base Currency Amount of each Bank’s Tranche 2 Revolving Commitment, if any, is set forth on Appendix A-9 or in the applicable Assignment Agreement subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate Base Currency Amount of the Revolving Commitments is $50,000,000.
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Tranche 2 Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Tranche 2 Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed in each case as an amount representing the maximum principal amount of such Revolving Lender’s Revolving Exposure hereunder, as the same may be reduced from time to time pursuant to the provisions of this Agreement.
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Tranche 2 Revolving Commitment means, with respect to each Tranche 2 Revolving Lender, the commitment (if any) of such Tranche 2 Revolving Lender to make Tranche 2 Revolving Loans pursuant to Section 2.01(d)(ii), to acquire participations in Tranche 2 Letters of Credit and to acquire participations in Designated Foreign Currency Revolving Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Tranche 2 Revolving Lender's Tranche 2 Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. The initial amount of each Tranche 2 Revolving Lender's Tranche 2 Revolving Commitment is set forth in Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Tranche 2 Revolving Lender shall have assumed its Tranche 2 Revolving Commitment, as applicable. The total Tranche 2 Revolving Commitment on the date hereof is $175,000,000.
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Tranche 2 Revolving Commitment means, with respect to each Tranche 2 Revolving Lender, the commitment, if any, of such Lender to make Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender's Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) increased from time to time pursuant to Section 2.21, and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. After giving effect to the execution and delivery of the signature pages to the First Amendment, the amount of each Lender's Tranche 2 Revolving Commitment and the aggregate amount of the Lenders' Tranche 2 Revolving Commitments as of November 13, 2009 are set forth on Schedule 2 to the First Amendment. Any new or increased Revolving Commitments provided under the terms of Section 2.21 shall be Tranche 2 Revolving Commitments.
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Related to Tranche 2 Revolving Commitment

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Aggregate Revolving Commitment means the sum of the Revolving Commitments of all the Revolving Lenders.

  • Revolving Commitment Amount means $125,000,000, as reduced from time to time pursuant to Section 6.1.

  • Total Revolving Commitment means, at any time, the sum of the Revolving Commitments at such time.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Canadian Revolving Commitment means the commitment of a Lender to make or otherwise fund any Canadian Revolving Loan and to acquire participations in Canadian Letters of Credit and Swing Line Loans hereunder and “Canadian Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Canadian Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Canadian Revolving Commitments as of the Restatement Date is $10,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $350,000,000.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.