Aggregate Multicurrency Revolving Commitments definition
Examples of Aggregate Multicurrency Revolving Commitments in a sentence
For the avoidance of doubt, the Outstanding Amount of Multicurrency Swing Line Loans shall not be counted towards or considered usage of the Aggregate Multicurrency Revolving Commitments for purposes of determining the Multicurrency Commitment Fee.
The Administrative Agent will promptly notify the Multicurrency Lenders of any such notice of termination or reduction of the Aggregate Multicurrency Revolving Commitments.
Any reduction of the Aggregate Multicurrency Revolving Commitments shall be applied to the Multicurrency Revolving Commitment of each Multicurrency Lender according to its Applicable Percentage.
All fees accrued until the effective date of any termination of the Aggregate Multicurrency Revolving Commitments shall be paid on the effective date of such termination.
In such event, the Company shall be deemed to have requested a Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Multicurrency Revolving Commitments and the conditions set forth in Section 5.02 (other than the delivery of a Loan Notice).
Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Multicurrency Revolving Commitments or Aggregate Thai Revolving Commitments, as applicable, and the conditions set forth in Section 5.02.
Each Borrower’s obligations under this paragraph shall survive the termination of the Aggregate Multicurrency Revolving Commitments and the Aggregate Thai Revolving Commitments and the repayment of all other Obligations hereunder.
Each party’s obligations under this Section 3.01 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Aggregate Multicurrency Revolving Commitments and the Aggregate Thai Revolving Commitments and the repayment, satisfaction or discharge of all other Obligations.
Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Multicurrency Revolving Commitments and the conditions set forth in Section 5.02.
All of the Loan Parties’ obligations under this Article III shall survive termination of the Aggregate Multicurrency Revolving Commitments and the Aggregate Thai Revolving Commitments, repayment of all other Obligations hereunder and resignation of the Administrative Agent.