Amendment No. 7 definition
Examples of Amendment No. 7 in a sentence
On the Amendment No. 7 Effective Date, the Amendment No. 6 Extended Revolving Commitments shall be increased by the Amendment No. 7 Commitment and, on and after the Amendment No. 7 Effective Date, the Amendment No. 6 Extended Revolving Commitments as so increased by the Amendment No. 7 Commitment shall be referred to herein as the “Initial Revolving Commitment”.
For the avoidance of doubt, from the Amendment No. 7 Effective Date until the Maturity Date with respect to the Initial Revolving Commitment, all Revolving Loans shall be made on a pro rata basis between the Amendment No. 6 Extended Revolving Commitments and the Amendment No. 7 Revolving Commitment and shall be deemed to be Revolving Loans made under one Initial Revolving Facility.
On the Amendment No. 7 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 Amendment No. 7 Revolving Lender, the Swing Line Lender and each LC Issuer agree to establish the Initial Revolving Facility for the benefit of the Borrower.
The aggregate Amendment No. 6 Non-Extended Revolving Commitments of all Revolving Lenders shall be $0 on the Amendment No. 7 Effective Date.