Initial Extensions of Credit definition

Initial Extensions of Credit means, collectively, the initial Borrowings under one or more of the Facilities and/or the initial issuances of one or more Letters of Credit made (or deemed to have been made) on the Effective Date.
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Initial Extensions of Credit means the initial Borrowing hereunder.
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Examples of Initial Extensions of Credit in a sentence

  • Additional Conditions Precedent to Initial Extensions of Credit to CSPC and OPC.

  • Conditions Precedent to Effectiveness of this Agreement and Initial Extensions of Credit.

  • SECTION 6.1 Conditions to Closing and Initial Extensions of Credit.

  • Section 4.1 Conditions to Closing and Initial Extensions of Credit.

  • Conditions Precedent to Initial Extensions of Credit 6366 SECTION 3.02.

  • SECTION 6.2 Conditions to Closing and Initial Extensions of Credit.

  • Section 5.1 Conditions to Closing and Initial Extensions of Credit 52 Section 5.2 Conditions to All Extensions of Credit 55 ARTICLE VI REPRESENTATIONS AND WARRANTIES 56 Section 6.1 Existence, Etc.

  • Section 5.1 Conditions to Closing and Initial Extensions of Credit 49 Section 5.2 Conditions to All Extensions of Credit 52 ARTICLE VI REPRESENTATIONS AND WARRANTIES OF CREDIT PARTIES 52 Section 6.1 Organization; Power; Qualification 52 Section 6.2 Authorization; Enforceability 53 Section 6.3 Ownership 53 Section 6.4 No Conflict; Government Consent 53 Section 6.5 Financial Statements 53 Section 6.6 Material Adverse Change.

  • Conditions Precedent to Initial Extensions of Credit: Customary for the type of transaction proposed and others to be reasonably specified by the Agents, including, without limitation, the following: 1.

  • Conditions Precedent to this Agreement and to Initial Extensions of Credit 36 Section 3.02.

Related to Initial Extensions of Credit

  • Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Extensions of Credit means, as to any Lender at any time, (a) an amount equal to the sum of (i) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (ii) such Lender’s Revolving Credit Commitment Percentage of the L/C Obligations then outstanding, and (iii) such Lender’s Revolving Credit Commitment Percentage of the Swingline Loans then outstanding, or (b) the making of any Loan or participation in any Letter of Credit by such Lender, as the context requires.

  • Extension of Credit means the making of a Borrowing, the issuance of a Letter of Credit or the amendment of any Letter of Credit having the effect of extending the stated termination date thereof or increasing the maximum amount available to be drawn thereunder. For purposes of this Agreement, a Conversion shall not constitute an Extension of Credit.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Credit Extension Date means the Borrowing Date for an Advance or the issuance date for a Facility LC.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Credit Extensions mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Request for Extension of Credit means (a) with respect to a Borrowing of Loans (including Swing Line Loans) or the conversion or continuation of Loans, a Loan Notice and (b) with respect to an L/C Credit Extension, a Letter of Credit Application.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).