US Tranche Revolving Commitment definition

US Tranche Revolving Commitment means, with respect to each US Tranche Lender, the commitment of such US Tranche Lender to make US Tranche Revolving Loans and to acquire participations in Letters of Credit issued under the US Tranche and US Tranche Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such US Tranche Lender’s US Tranche Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.10 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. The initial amount of each US Tranche Lender’s US Tranche Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such US Tranche Lender shall have assumed its US Tranche Revolving Commitment. The aggregate amount of the US Tranche Revolving Commitments on the date hereof is $915,000,000.
US Tranche Revolving Commitment means, as to each U.S. Tranche Revolving Lender, its obligation to (a) make U.S. Tranche Revolving Loans to the Borrower pursuant to Section 2.01(b)(i), (b) purchase participations in L/C Obligations in respect of U.S. Tranche Letters of Credit and (c) purchase participations in Swingline Loans, in an aggregate principal amount at any one time outstanding which does not exceed the Dollar amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “U.S. Tranche Revolving Commitment” or opposite such caption 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. The U.S. Tranche Revolving Commitments of all of the U.S. Tranche Revolving Lenders on the Closing Date shall be $2,000,000,000.
US Tranche Revolving Commitment means a U.S. Tranche Revolving A Commitment or a U.S. Tranche Revolving B Commitment. The aggregate amount of the U.S. Tranche Revolving Commitment of all U.S. Tranche Revolving Lenders on the Closing Date shall be $3,000,000,000.

Examples of US Tranche Revolving Commitment in a sentence

  • Upon any reduction of the Revolving Commitments, the Letter of Credit Sublimit, the Swingline Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments, the Revolving Commitment, the Letter of Credit Sublimit, the Swingline Sublimit, the U.S. Tranche Revolving Commitment and the Alternative Currency Tranche Revolving Commitment of each Revolving Lender, as applicable, shall be reduced by such Lender’s Applicable Revolving Percentage of such reduction amount.

  • Within the limits of each U.S. Tranche Revolving Lender’s U.S. Tranche Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow U.S. Tranche Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b)(i).

  • Upon any reduction of the Revolving Commitments, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments, the Revolving Commitment, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitment and the Alternative Currency Tranche Revolving Commitment of each Revolving Lender, as applicable, shall be reduced by such Lender’s Applicable Revolving Percentage of such reduction amount.

  • It is acknowledged and agreed that on and after the Effective Date, (i) no US Tranche Revolving Commitment shall be available for the making of any Loan by any Lender hereunder to the Borrower or any other party and shall instead be applicable and available only in respect of the issuance and administration and other matters related to Letters of Credit, all in accordance with the terms and conditions of this Agreement and (ii) no Loans other than the Term Loans shall remain outstanding hereunder.


More Definitions of US Tranche Revolving Commitment

US Tranche Revolving Commitment means, with respect to each Lender, the commitment of such Lender to make US Tranche Revolving Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s US Tranche 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 2.09 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.04. The initial amount of each Lender’s US Tranche Revolving Commitment is set forth on Schedule 2.01, in the Assignment and Assumption pursuant to which such Lender shall have assumed its US Tranche Revolving Commitment or in the documentation pursuant to which such Lender shall have provided its US Tranche Revolving Commitment pursuant to Section 2.09, as applicable. The aggregate amount of the US Tranche Revolving Commitments on the date hereof is the US Dollar Equivalent of $300,000,000.
US Tranche Revolving Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make US Tranche Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans, expressed as an amount representing the maximum aggregate permitted amount of such Lender’s US Tranche Revolving Exposure hereunder, as such commitment may be (a) reduced or increased 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 9.04. The initial amount of each Lender’s US Tranche Revolving Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption, or the documentation referred to in Section 2.09(d)(i), pursuant to which such Lender shall have assumed or provided its US Tranche Revolving Commitment, as applicable. The aggregate amount of the Lenders’ US Tranche Revolving Commitments as of the Effective Date is zero.
US Tranche Revolving Commitment means, with respect to each US Tranche Lender, the commitment of such US Tranche Lender to acquire participations in Letters of Credit issued under the US Tranche (or to make LC Loans in connection with the financing of LC Disbursements made in respect of Letters of Credit issued under the US Tranche in accordance with the terms and conditions of Section 2.06(e)) hereunder, expressed as an amount representing the maximum aggregate amount of such US Tranche Lender’s US Tranche Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Sections 2.09, 2.12 and 2.19(f) and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The aggregate amount of the US Tranche Revolving Commitments on the Effective Date, following the occurrence of the Non-US Tranche Conversion and Termination, the Swingline Loan Conversion and the Revolving Loan Conversion, is $437,034,129.16. The amount of each US Tranche Lender’s US Tranche Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such US Tranche Lender shall have assumed its US Tranche Revolving Commitment.
US Tranche Revolving Commitment means, with respect to each US Tranche Lender, the commitment of such US Tranche Lender to make US Tranche Revolving Loans pursuant to Section 2.01(a) and to acquire participations in Letters of credit pursuant to Section 2.04, expressed as an amount representing the maximum aggregate permitted amount of such Lender's US Tranche Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07 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 US Tranche Lender's US Tranche Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such US Tranche Lender shall have assumed its US Tranche Revolving Commitment, as applicable. The aggregate amount of the US Tranche Revolving Commitments on the date hereof is US$250,000,000.
US Tranche Revolving Commitment means, with respect to each US Tranche Revolving Lender, the commitment of such US Tranche Revolving Lender to make US Tranche Revolving Loans pursuant to Section 2.01(a), expressed as an amount representing the maximum aggregate permitted amount of such Lender’s US Tranche Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 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 US Tranche Revolving Lender’s US Tranche Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such US Tranche Revolving Lender shall have assumed its US Tranche Revolving Commitment, as applicable. The aggregate amount of the US Tranche Revolving Commitments on the Effective Date is $100,000,000.
US Tranche Revolving Commitment means, with respect to each U.S. Tranche Lender, the commitment, if any, to make U.S. Tranche Revolving Loans and to acquire participations in U.S. Tranche Letters of Credit and U.S. Tranche Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such U.S. Tranche Lender’s U.S. Tranche Revolving Credit Exposure hereunder, as such commitment may be (a) reduced or terminated from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.20, and (c) reduced or increased from time to time pursuant to assignments by or to such U.S. Tranche Lender pursuant to Section 9.04. The initial amount of each U.S. Tranche Lender’s U.S. Tranche Revolving Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such U.S. Tranche Lender shall have assumed its U.S. Tranche Revolving Commitment, as applicable. The initial aggregate amount of the U.S. Tranche Lenders’ U.S. Tranche Revolving Commitments is U.S.$265,000,000.
US Tranche Revolving Commitment means, with respect to each US Tranche Lender, the commitment of such US Tranche Lender to make US Tranche Revolving Loans and to acquire participations in Letters of Credit issued under the US Tranche and US Tranche Swingline Loans hereunder, expressed as an