Domestic Revolving Credit Commitment definition

Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.25 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

Domestic Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to make Revolving Credit Loans to the Borrowers pursuant to Section 2.01(b), and its agreement to continue its Existing Revolving Credit Loans as Revolving Credit Loans under this Agreement, in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment – Domestic Tranche” (or, in the case of any Extended Revolving Credit Commitment, under the caption reflecting such Revolving Extension Series) 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 or as amended from time to time pursuant to this Agreement (including in connection with any Revolving Extension Amendment). All Domestic Revolving Credit Commitments are part of, and not in addition to, the Revolving Credit Commitments. As of the Closing Date, the aggregate amount of the Domestic Revolving Credit Commitments is $300,000,000.

Domestic Revolving Credit Commitment means, at any time for any Domestic Revolving Lender, the commitment of such Domestic Revolving Lender established pursuant to Section 2.01 and 2.02 to make Domestic Revolving Loans to the Domestic Borrower and to purchase participations in the Domestic L/Cs, and the Domestic Swingline Loans.

Examples of Domestic Revolving Credit Commitment in a sentence

• The Domestic Borrowers shall prepay the outstanding principal amount of the Domestic Revolving Credit Loans, Canadian Revolving Credit Loans and Swing Line Loans on any date on which Domestic Revolving Credit Exposure (after giving effect to any other repayments or prepayments on such day) exceeds either the Domestic Borrowing Base or the Domestic Revolving Credit Commitment then in effect in the amount of such excess.

• Notwithstanding the foregoing, so long as any Multicurrency Facilities Lender fails to make available any portion of its Domestic Revolving Credit Commitment when requested, such Lender shall not be entitled to receive payment of its pro rata share of such fee until such Lender shall make available such portion.

• No Multicurrency Facilities Lender shall be responsible for any default of any other Multicurrency Facilities Lender in respect to such other Multicurrency Facilities Lender's obligation to make any Domestic Revolving Loan hereunder nor shall the Domestic Revolving Credit Commitment of any Multicurrency Facilities Lender hereunder be increased as a result of such default of any other Multicurrency Facilities Lender.

• NationsBank shall not be required to issue any Letter of Credit if Total Domestic Utilization when added to the face amount of any requested Domestic Letter of Credit exceeds the Total Domestic Revolving Credit Commitment.

• NationsBank shall not be required to create any Domestic Acceptance if the amount payable under such Domestic Acceptance when added to the Total Domestic Utilization exceeds the Total Domestic Revolving Credit Commitment.

More Definitions of Domestic Revolving Credit Commitment

Domestic Revolving Credit Commitment as to any Domestic Lender, the obligation of such Domestic Lender to make Domestic Revolving Credit Loans and to participate in Domestic Swing Line Loans made to, and to participate in Letters of Credit issued for the account of, the Company hereunder in an aggregate principal and/or face amount at any one time outstanding not to exceed the amount set forth opposite such Domestic Lender's name on Schedule I under the heading "Domestic Revolving Credit Commitments", as such amount may be reduced from time to time in accordance with the provisions of this Agreement.

Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.25 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. For the avoidance of doubt, on the Second Amendment Effective Date, the Domestic Revolving Credit Commitment is equal to zero.

Domestic Revolving Credit Commitment means, at any time, the Total Revolving Credit Commitment at such time, MINUS the Dollar Equivalent of the aggregate amount available to be drawn under the Canadian Letter of Credit.

Domestic Revolving Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Domestic Revolving Loans and to acquire participations in Domestic L/C Disbursements and Swingline Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same 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 9.04. The aggregate principal amount of the Domestic Revolving Credit Commitments on the Effective Date is $0.

Domestic Revolving Credit Commitment means, with respect to each Domestic Revolving Credit Lender, the commitment of such Domestic Revolving Credit Lender to make Domestic Revolving Loans and to acquire participations in Domestic L/C Disbursements and Domestic Swingline Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Domestic Revolving Credit Lender assumed its Domestic Revolving Credit Commitment, as applicable, as the same 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 Domestic Revolving Credit Lender pursuant to Section 9.04. The aggregate principal amount of the Domestic Revolving Credit Commitments on the Closing Date is $300,000,000.

Domestic Revolving Credit Commitment as to any Lender, the obligation of such Lender to make Domestic Revolving Credit Loans to the Company hereunder and to participate in Domestic Swing Line Loans made to, and Domestic L/C Guaranties issued for the account of, the Company in an aggregate principal amount at any one time outstanding not to exceed the amount set forth below such Lender's name on the signature pages hereto next to the heading "Domestic Revolving Credit Commitment," as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement. The Domestic Revolving Credit Commitments of all the Lenders shall not exceed $70,000,000, as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement.

Domestic Revolving Credit Commitment means with respect to each Domestic Lender, the obligation of such Lender to make Loans to the Domestic Facility Borrowers up to an aggregate principal amount at any one time outstanding equal to the percentage set forth in Exhibit A as the same may be increased or decreased from time to time pursuant to this Agreement;