Senior Debt Commitments definition

Senior Debt Commitments means, at any time, the aggregate of any principal amount that Holders of Senior Debt are committed to disburse or stated amount of letters of credit that Holders of Senior Debt are required to issue, in each case under any Senior Debt Instrument, and in the case of Senior Debt Commitments in respect of Secured Debt, the aggregate of the Facility Commitments.
Senior Debt Commitments has the meaning given in Schedule A of the CSAA.
Senior Debt Commitments means the aggregate principal amount any Senior Lender is committed to disburse to the Borrowers under any Senior Loan Agreement as set forth in Appendix B. The Indenture shall not be considered a Senior Debt Commitment for any purpose.

Examples of Senior Debt Commitments in a sentence

  • For so long as the Loans or Senior Debt Commitments in connection therewith are outstanding, the maintenance of insurance required to be procured and maintained pursuant to the insurance covenant of the Common Terms Agreement shall be deemed to meet the insurance covenant in this Section 4.23.

  • All proceeds of Replacement Senior Debt shall be used to pay or prepay Senior Debt or to replace Senior Debt Commitments in accordance with Section 2.10.

  • The Initial Senior Lenders, the Initial Senior Debt, the Initial Senior Debt Commitments and the Indenture are each identified in Appendix B.

  • If no Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Capital Markets Trustee shall appoint a replacement Collateral Trustee.

  • Prior to or concurrently with any disbursement of Bank Senior Loans, the Partnership shall have received at least a pro rata Capital Contribution of its total Capital Commitments based on the ratio of the sum of such Bank Senior Loans to the total of all outstanding Bank Senior Debt Commitments and Bank Senior Loans.

  • If no Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Capital Markets Trustee shall promptly designate a replacement Independent Consultant of recognized international standing.

  • If any Independent Consultant is removed or resigns and thereby ceases to act as an Independent Consultant and any Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Bank Senior Lenders Administrative Agent shall promptly designate a replacement Independent Consultant of recognized international standing and notify the Capital Markets Trustee and the Oil Payment Insurers Administrative Agent thereof.

  • The Initial Senior Lenders, the Initial Senior Debt, the Initial Senior Debt Commitments, the Initial Senior Loan Agreements, the initial Oil Payment Insurers and the Oil Payment Commitment are each identified in Appendix B.

  • Upon resignation or removal of the Collateral Trustee, so long as any Bank Senior Debt or Bank Senior Debt Commitments remain outstanding, the Bank Senior Lenders Administrative Agent shall appoint a successor Collateral Trustee and shall notify the Capital Markets Trustee and the Oil Payment Insurers Administrative Agent thereof.

Related to Senior Debt Commitments

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

  • Debt Commitment Letter has the meaning set forth in Section 4.20.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

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

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • New Credit Facility is defined in Section 9.8.

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment.

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • 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

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Revolving Commitment, if any, is set forth on Appendix A-3 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Revolving Commitments as of the Closing Date is $60,000,000.

  • Revolving Credit Documents means the Revolving Credit Agreement and the Revolving Credit Collateral Documents.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.