Revolver Commitment Termination Date Sample Clauses
The Revolver Commitment Termination Date clause defines the specific date on which the lender’s obligation to make revolving credit advances under a loan agreement ends. In practice, this means that after this date, the borrower can no longer draw funds from the revolving credit facility, although any outstanding amounts may still need to be repaid according to the loan terms. This clause is essential for establishing a clear cutoff point for borrowing, thereby managing the lender’s risk exposure and providing certainty to both parties regarding the duration of available credit.
Revolver Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.
Revolver Commitment Termination Date the earliest of (a) the Facility Termination Date, (b) the date on which the Borrower Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations on such date.
Revolver Commitment Termination Date the Foreign Revolver Commitment Termination Date and/or the U.S. Revolver Commitment Termination Date, as the context requires.
Revolver Commitment Termination Date the earliest of (a) the U.S. Revolver Commitment Termination Date (without regard to the reason therefor), (b) the date on which the Borrower Agent terminates or reduces to zero all of the U.K. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.K. Revolver Commitments are terminated pursuant to Section 11.2. U.K. Revolver Exposure: on any date, an amount equal to the sum of the Dollar Equivalent of the U.K. Revolver Loans outstanding on such date plus the U.K. LC Obligations on such date.
Revolver Commitment Termination Date the Canadian Revolver Commitment Termination Date, the Singapore Revolver Commitment Termination Date, the UK Revolver Commitment Termination Date and/or the U.S. Revolver Commitment Termination Date, as the context requires.
Revolver Commitment Termination Date the earliest to occur of (a) the ACM-TCM Revolver Termination Date; (b) the date on which ACM or TCM terminates the ACM-TCM Revolver Commitments pursuant to Section 2.2.4; or (c) the date on which the ACM-TCM Revolver Commitments are terminated pursuant to Section 11.2. ACM-TCM Revolver Loan: a loan made pursuant to Section 2.2, and any ACM-TCM Swingline Loan, ACM-TCM Overadvance Loan or ACM-TCM Protective Advance. ACM-TCM Revolver Note: a promissory note to be executed by both ACM and TCM in favor of a Lender in the form of Exhibit B, which shall be in the amount of such Lender’s ACM-TCM Revolver Commitment and shall evidence the ACM-TCM Revolver Loans made by such Lender, together with extensions, renewals and changes in form thereof. ACM-TCM Revolver Termination Date: November 4, 2013. ACM-TCM Subordinated Debt: Subordinated Debt owed by Colonial to ACM and TCM. ACM-TCM Swingline Loan: with respect to ACM or TCM, any Borrowing of ACM-TCM Base Rate Revolver Loans funded with Agent’s funds, until such Borrowing is settled among Lenders or repaid by ACM or TCM, as applicable.
Revolver Commitment Termination Date the earliest of (a) the Facility Termination Date, (b) the date on which the Loan Party Agent terminates or reduces to zero the U.S. Revolver Commitments pursuant to Section 2.1.4, and (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2. U.S. Revolver Exposure: on any date, an amount equal to the sum of the Dollar Equivalent of the U.S. Revolver Loans outstanding on such date plus the U.S. LC Obligations (excluding amounts specified in clause (c) of such definition) on such date.
Revolver Commitment Termination Date the Dutch Revolver Commitment Termination Date and/or the U.S. Revolver Commitment Termination Date, as the context requires.
Revolver Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which the Borrower Agent terminates the US Revolver Commitments pursuant to Section 2.1.5: or (c) the date on which the Revolver Commitments are terminated pursuant to Section 12.2. Revolver Commitments: the aggregate amount of the Revolver Commitments of all Lenders. Revolver Loan: a US Revolver Loan or a UK Revolver Loan, as the context may indicate. Revolver Subfacilities: (a) the US Subfacility and (b) the UK Subfacility. Revolver Termination Date: July 16, 2024. Revolver Usage: the sum of the US Revolver Usage and the UK Revolver Usage. S&P: Standard & Poor’s Financial Services LLC, a subsidiary of The ▇▇▇▇▇▇-▇▇▇▇ Companies, Inc., or any successor acceptable to Agent. Sale and Leaseback Transaction: any sale or other transfer of any property or asset by any Person with the intent to lease such property or asset as lessee. Sanction: any sanction administered or enforced by the US government (including OFAC), United Nations Security Council, European Union, UK government, Canadian government or other sanctions authority.
Revolver Commitment Termination Date the earliest to occur of (a) the Colonial Revolver Termination Date; (b) the ACM-TCM Revolver Termination Date, (c) the date on which Colonial terminates the Colonial Revolver Commitments pursuant to Section 2.1.4; (d) the date on which ACM or TCM terminate the ACM-TCM Revolver Commitments pursuant to Section 2.2.4; or (e) the date on which the Revolver Commitments are terminated pursuant to Section 11.2. Revolver Loan: any ACM-TCM Revolver Loan or Colonial Revolver Loan.