Revolving Commitment

Example Definitions of "Revolving Commitment"
Revolving Commitment. $400,000,000. Subject to the terms and conditions set forth in Section 2.6, the Revolving Commitment may be reduced from time to time.
Revolving Commitment. The initial amount of each Bank's Revolving Commitment is set forth on Schedule 2.1(A), the amount of each Bank's incremental commitment pursuant to the Second Amendment is set forth on Schedule I of the Second Amendment, or, in each case, in the Assignment and Assumption pursuant to which such Bank shall have assumed its Revolving Commitment or incremental commitment pursuant to which such Bank shall have become a Bank, as applicable. As of the Second Amendment Effective Date, the aggregate... amount of the Banks' Revolving Commitments is US$1,100,000,000. View More
Revolving Commitment. The commitment of each Lender to make its share of the Revolving Loans and to share in Revolving Obligations hereunder, and the commitment to provide and participate in Letter of Credits and Swingline Loans. On the Closing Date, the aggregate amount of Revolving Commitments was Thirty Million Dollars ($30,000,000). On the First Incremental Loan Effective Date, the aggregate amount of Revolving Commitments were increased to Thirty-Two Million Five Hundred Thousand Dollars ($32,500,000) and the... Revolving Commitments for the Lenders were reconstituted, updated and revised as provided in the First Incremental Loan Commitment Increase Agreement. View More
Revolving Commitment. As to any Lender, the obligation of such Lender, if any, to make Revolving Loans in an aggregate principal and/or face amount not to exceed the amount set forth under the heading "Revolving Commitment" opposite such Lender's name on Schedule 1.1A or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time as set forth below or otherwise pursuant to the terms hereof. It is agreed that (i) the Total Revolving Commitments... shall be increased by an amount equal to $20,000,000 on the date of consummation of the Specified Acquisition (the "Specified Acquisition Closing Date"), with the Revolving Commitment of each Revolving Lender being increased pro rata according to such Revolving Lender's Revolving Percentage as of such date, and (ii) on the date that is one year after the Specified Acquisition Closing Date, the Total Revolving Commitments shall be reduced by an amount equal to $20,000,000, with the Revolving Commitment of each Revolving Lender being reduced pro rata according to such Revolving Lender's Revolving Percentage as of such date; provided, that if after giving effect to the reduction of the Total Revolving Commitments described in this clause (ii), the Total Revolving Loans would exceed the amount of the Total Revolving Commitments (as so reduced), such reduction shall be accompanied by a prepayment of Revolving Loans in the amount of such excess, including any accrued interest thereon (except in the case of Revolving Loans that are ABR Loans). It is further agreed that the increase of the Total Revolving Commitments pursuant to the previous sentence shall be deemed a utilization of, and shall reduce, the $50,000,000 basket for Incremental Facilities provided in Section 2.22(a) of this Agreement, but only until the Total Revolving Commitments are reduced as provided in clause (ii) of the previous sentence View More
Revolving Commitment. Increase the Revolving Commitment to $40,000,000
Revolving Commitment. The commitment of the Lender up to the amount of $300,000,000 to make Revolving Loans to the Borrower, as such amount may be adjusted from time to time by agreement of the parties
Revolving Commitment. The commitment of such Lender to make Revolving Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender's Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) increased from time to time pursuant to Section 2.21 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The... initial amount of each Lender's Revolving Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Revolving Commitment, as applicable. The aggregate amount of the Lenders' Revolving Commitments on the First Amendment Effective Date is $705,000,000. View More
Revolving Commitment. Shall mean the obligation of the Lender to make Revolving Loans hereunder in an aggregate principal amount not exceeding (i) $50,000,000 minus (ii) at any time (x) the aggregate undrawn amount of all outstanding letters of credit issued (or confirmed) by the Lender for the account of the Borrower or any of its Subsidiaries (or, if confirmed, for the ultimate account of a customer of the Borrower or any of its Subsidiaries), plus (y) the aggregate amount of all unreimbursed drawings in respect... of letters of credit described in the foregoing clause (x) (it being acknowledged that such letters of credit described in this clause (ii) may be issued or confirmed, as applicable, in the Lender's discretion upon request by a Responsible Officer of Borrower and shall not exceed the aggregate amount of $3,000,000 unless otherwise agreed by the Lender in its discretion). View More
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