US Tranche Revolving Lender definition

US Tranche Revolving Lender means, at any time, (a) so long as any U.S. Tranche Revolving Commitment is in effect, any Lender that has a U.S. Tranche Revolving Commitment at such time or (b) if the U.S. Tranche Revolving Commitments have terminated or expired, any Lender that has a U.S. Tranche Revolving Loan, a Bid Loan or a participation in L/C Obligations with respect to U.S. Tranche Letters of Credit or Swingline Loans at such time.
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US Tranche Revolving Lender means a Lender with a US Tranche Revolving Commitment or US Tranche Revolving Exposure.
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US Tranche Revolving Lender means a Lender with a US Tranche Revolving Loan Commitment, outstanding US Tranche Revolving Loans or participations in outstanding Swing Line Loans.
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Examples of US Tranche Revolving Lender in a sentence

  • Promptly after receipt of such notice, the US Administrative Agent shall notify each US Tranche Revolving Lender, in writing, of such issuance, amendment, renewal or extension and if any US Tranche Revolving Lender so requests, the US Administrative Agent shall provide such Lender with copies of such issuance, amendment, renewal or extension.

  • Not later than 2:00 p.m. (New York time) on the date of any notice received pursuant to this Section 2.02(d), each US Tranche Revolving Lender shall make available its required US Tranche Revolving Loan, in funds immediately available in New York to the Administrative Agent at its address specified pursuant to Article XV.

  • Interest accrued pursuant to this paragraph shall be for the account of the Issuing Bank, except that interest accrued on and after the date of payment by any US Tranche Revolving Lender pursuant to paragraph (e) of this Section to reimburse the Issuing Bank shall be for the account of such Lender to the extent of such payment.

  • Processes, information systems and work systems as well as structure and culture must be aligned with the strategic choices and direction (Brenes et al., 2007).In order to align the capabilities of the employees with the strategy, they must be assessed first to identify existing gaps and to early recognize incompetency.

  • In consideration and in furtherance of the foregoing, each US Tranche Revolving Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such US Tranche Revolving Lender’s US Tranche Revolving Percentage of each LC Disbursement made by the Issuing Bank and not reimbursed by the Company on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Company for any reason.

  • Future land uses that occur pursuant to the proposed Zoning Ordinance Update would be required to conform to all applicable regulations performance standards and design standards that address lighting/glare, including those of the Zoning Code, as updated, and the LUCE.

  • No independent valuations have been prepared on the mineral prospects of Dynasty and we do not consider it necessary to obtain an independent valuation of the mineral prospects for the purposes of this report.

  • Any payment made by a US Tranche Revolving Lender pursuant to this paragraph to reimburse the Issuing Bank for any LC Disbursement (other than the funding of ABR US Tranche Revolving Loans or US Tranche Swingline Loans, as contemplated above) shall not constitute a Loan and shall not relieve the Company of its obligation to reimburse such LC Disbursement.

  • At any time during which no Canadian Allocation Period exists, the US Borrowers may at such time permanently terminate their right to allocate a portion of the Aggregate US Tranche Commitments as the Canadian Allocated Total Commitments, at which time the obligations of the Canadian Borrowers hereunder and each Guaranty pursuant to ARTICLE XIV shall automatically terminate, and thereafter no US Tranche Revolving Lender nor any Canadian Tranche Revolving Lender shall have any Canadian Allocated Commitment.

  • The US Borrowers shall pay to the US Administrative Agent for the account of each US Tranche Revolving Lender a commitment fee, which shall accrue at the Applicable Margin (a“ US Commitment Fee”), on the daily average unused amount (after deducting any LC Exposure) of each US Tranche Revolving Lender’s US Tranche Commitment for the period from and including the Closing Date up to, but excluding, the Revolving Credit Maturity Date.


More Definitions of US Tranche Revolving Lender

US Tranche Revolving Lender means a U.S. Tranche Revolving A Lender or a U.S. Tranche Revolving B Lender.
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US Tranche Revolving Lender means a Lender with a US Tranche Commitment or with outstanding US Tranche Credit Exposure.
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US Tranche Revolving Lender means, as the context may require, a US Tranche 1 Revolving Lender or a US Tranche 2 Revolving Lender.
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US Tranche Revolving Lender each Lender with a US Tranche Revolving Commitment or a US Tranche Revolving Exposure.
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Related to US Tranche Revolving Lender

  • New Revolving Lender as defined in Section 2.24.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • 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.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • 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.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • 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.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Loans as defined in Section 2.1.