Tranche A Revolving Loan Commitment definition

Tranche A Revolving Loan Commitment means, with respect to each Bank, the amount set forth opposite such Bank's name in Annex I hereto directly below the column entitled "Tranche A Revolving Loan Commitment", as same may be reduced from time to time pursuant to Sections 3.02, 3.03 and/or 9.
Tranche A Revolving Loan Commitment means (a) as to any Tranche A Revolving Lender, the aggregate commitment of such Tranche A Revolving Lender to make Tranche A Revolving Credit Advances or incur Letter of Credit Obligations as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Tranche A Revolving Lender and (b) as to all Tranche A Revolving Lenders, the aggregate commitment of all Tranche A Revolving Lenders to make Tranche A Revolving Credit Advances or incur Letter of Credit Obligations, which aggregate commitment shall be One Hundred Fifty-Nine Million ($159,000,000) on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
Tranche A Revolving Loan Commitment means, at any time, as to any Lender, its obligation to (a) fund Committed Loans to the Borrowers pursuant to Section 2.01(a), (b) purchase participations in LC Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any time outstanding not to exceed the principal amount set forth opposite such Lender’s name on Schedule 2.01 designated as such Lender’s Tranche A Revolving Loan Commitment or on Schedule I of an the Assignment and Assumption Agreement pursuant to which such Lender became a Lender hereunder, as applicable, as the same may be adjusted from time to time in accordance with this Agreement; sometimes being collectively (as to all Tranche A Revolving Loan Lenders) referred to herein as the “Tranche A Revolving Loan Commitments”.

Examples of Tranche A Revolving Loan Commitment in a sentence

  • The Pro Rata Share of the Tranche A Revolving Loan of any Tranche A Revolving Lender shall not at any time exceed its separate Tranche A Revolving Loan Commitment.

  • The commitment fee shall be payable in arrears on each Payment Date hereafter, and, in addition, on any date on which the Tranche A Revolving Loan Commitment, the Tranche B Revolving Loan Commitment, the Tranche C Revolving Loan Commitment or the Tranche D Revolving Loan Commitment, as applicable, shall be terminated in whole or, with respect to such terminated amount, in part.

  • Any voluntary prepayment and any reduction or termination of the Tranche A Revolving Loan Commitment must be accompanied by payment of the Fee required by Section 1.9(c), if any, plus the payment of any LIBOR funding breakage costs in accordance with Section 1.13(b), if any.

  • Each Lender having a Tranche A Revolving Loan Commitment shall make available to such Issuing Lender an amount equal to its respective participation, in Dollars and in same day funds, at the office of such Issuing Lender specified in such notice, not later than 11:30 A.M. (New York time) on the first business day (under the laws of the jurisdiction in which such office of such Issuing Lender is located) after the date notified by such Issuing Lender.

  • Each Lender's Tranche A Revolving Loan Commitment shall expire on the Tranche A Revolving Loan Commitment Termination Date and all Tranche A Revolving Loans and all other amounts owed hereunder with respect to the Tranche A Revolving Loans and the Tranche A Revolving Loan Commitments shall be paid in full no later than that date.


More Definitions of Tranche A Revolving Loan Commitment

Tranche A Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche A Revolving Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche A Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance. "Tranche A Revolving Loan Termination Date" means July 14, 2003.
Tranche A Revolving Loan Commitment means (a) as to any Lender with a Tranche A Revolving Loan Commitment, the commitment of such Lender to make its Pro Rata Share of the Tranche A Revolving Loan as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender, and (b) as to all Lenders with a Tranche A Revolving Loan Commitment, the aggregate commitment of all such Lenders to make the Tranche A Revolving Loan, which aggregate commitment shall be Eighty Five Million Dollars ($85,000,000) on the Closing Date, as to each of clauses (a) and (b), as such Tranche A Revolving Loan Commitment may be reduced, amortized, or adjusted from time to time in accordance with the Agreement.
Tranche A Revolving Loan Commitment means the commitment of a Lender to make or continue Tranche A Revolving Loans to Borrower pursuant to subsection 2.1A(i), and "Tranche A Revolving Loan Commitments" means such commitments of all Lenders in the aggregate.
Tranche A Revolving Loan Commitment means the commitment of a Lender to make Tranche A Revolving Loans to Company pursuant to subsection 2.1A(i), and "TRANCHE A REVOLVING LOAN COMMITMENTS" means such commitments of all Lenders in the aggregate.
Tranche A Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche A Revolving Loans, to purchase participations in Letters of Credit and to refund or participate in Dollar Swing Line Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche A Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance.
Tranche A Revolving Loan Commitment means the several obligations of the Tranche A Revolving Lenders to advance to the Borrowers $20,000,000, on and after the Agreement Date, in accordance with their respective Tranche A Revolving Commitment Ratios, pursuant to the terms hereof, and as such amount may be reduced from time to time, pursuant to the terms hereof. Each reference to the Tranche A Revolving Loan Commitment contained in this Agreement shall be deemed to refer to the Tranche A Revolving Loan Commitment then in effect.
Tranche A Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche A Revolving Loans, to purchase participations in Letters of Credit and to refund or participate in Swing Line Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche A Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance.