Initial Revolving Facility definition

Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.
Initial Revolving Facility means the Initial Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

Examples of Initial Revolving Facility in a sentence

  • On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Initial Revolving Facility for the benefit of the Borrower.

  • Prepayments of the Revolving Loans pursuant to Section 2.09(b)(iii) shall be applied to the Initial Revolving Facility on a pro rata basis among the Initial Revolving Lenders based upon the respective remaining outstanding principal amounts thereof.

  • The Administrative Borrower requested on the Closing Date that the Lenders extend credit under this Agreement in the form of (i) Initial Term A Loans in an original aggregate principal amount equal to $1,000,000,000, (ii) Initial Term B Loans in an original aggregate principal amount equal to $1,600,000,000 and (iii) an Initial Revolving Facility with an available amount of $500,000,000, in each case, subject to increase as provided herein.

  • The Initial Revolving Facility shall be made available as ABR Loans and LIBOR Loans.

  • On the ClosingAmendment No. 6 Effective Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Initial Revolving Facility for the benefit of the Borrower.


More Definitions of Initial Revolving Facility

Initial Revolving Facility means the Initial Revolving Commitments and the Initial Revolving Loans made hereunder from time to time.
Initial Revolving Facility means the revolving facility established pursuant to Section 2.01(a).
Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans made hereunder.
Initial Revolving Facility has the meaning assigned to such term in the recitals hereto.
Initial Revolving Facility means the Revolving Commitments as of the Effective Date.
Initial Revolving Facility as defined in the definition of “Facility.”
Initial Revolving Facility means the “Facility” under and as defined in the Initial Revolving Facility Agreement.