Examples of Tranche A Revolving Credit Commitments in a sentence
Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans or Eurocurrency Rate Loans, but subject to the unutilized portion of the aggregate Tranche A Revolving Credit Commitments and the conditions set forth in Section 4.02.
Each Revolving Credit Borrowing under the Tranche A Facility shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche A Revolving Credit Advances of the same Type and in the same currency made on the same day by the Lenders ratably according to their respective Tranche A Revolving Credit Commitments.
For purposes of determining the available Tranche A Revolving Credit Commitments of the Lenders at any time, each outstanding Swingline Loan shall be deemed to have utilized the Tranche A Revolving Credit Commitments of the Lenders (including those Lenders which shall not have made Swingline Loans) pro rata in accordance with such respective Tranche A Revolving Credit Commitments.
Each Tranche A Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Letter of Credit Advances) and shall consist of Tranche A Revolving Credit Advances made simultaneously by the Tranche A Revolving Credit Lenders ratably according to their Tranche A Revolving Credit Commitments.
For the avoidance of doubt, upon the effectiveness of the Amendment and the establishment of the 2019 Revolving Credit Commitment, the Tranche A Revolving Credit Commitments shall cease to be outstanding under the Amended Credit Agreement and shall be deemed to have been terminated and replaced in full by the 2019 Revolving Credit Commitment.
The Loans comprising each Borrowing shall be in an aggregate principal amount which is (i) an integral multiple of $100,000 and not less than $500,000 in the case of Eurodollar Loans and (ii) an integral multiple of $100,000 in the case of ABR Loans (or, in the case of ABR Loans, an aggregate principal amount equal to the remaining balance of the Tranche A Revolving Credit Commitments or Tranche B Revolving Credit Commitments, as the case may be).
Any Tranche A Revolving Credit Commitments terminated under this Section 2.05 may not be reinstated.
Permit or suffer the difference of -------------------- (a) the lesser of the Aggregate Tranche A Revolving Credit Commitments (which is $32,000,000 as of the Fifth Amendment Effective Date) or the Borrowing Base minus (b) the aggregate Revolving Credit Advances, to be less than $8,000,000 as of July 30, 2001, $8,000,000 as of August 31, 2001, $10,000,000 as of January 31, 2002 or $10,000,000 as of February 28, 2002.
Each Tranche A Revolving Credit Borrowing shall be in an aggregate minimum amount of $3,000,000 or an integral multiple of $1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances) and shall consist of Tranche A Revolving Credit Advances made simultaneously by the Tranche A Revolving Credit Lenders ratably according to their Tranche A Revolving Credit Commitments.
No prepayment shall be required pursuant to Section 5.2(a)(i) unless and until the amount at any time of Net Cash Proceeds from Prepayment Events required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior to such time to prepay Loans or reduce Tranche A Revolving Credit Commitments pursuant to such Section exceeds $2,500,000 in the aggregate.