UK Revolving Loan Commitment definition

UK Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in Schedule 1.01(a) directly below the column entitled “UK Revolving Loan Commitment,” as same may be (x) reduced from time to time or terminated pursuant to Sections 4.02, 4.03 and/or 11, as applicable, (y) increased from time to time pursuant to Section 2.15, or (z) adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 2.13 or 13.04(b).
Source 1Source 2Source 3
UK Revolving Loan Commitment means the commitment of a Lender to make UK Revolving Loans to United Glass pursuant to subsection 2.1C, and “UK Revolving Loan Commitments” means such commitments of all Lenders in the aggregate.
Source 1Source 2Source 3
UK Revolving Loan Commitment. As to each UK Lender, its obligation to make UK Revolving Loans or to participate in UK Swingline Loans to the UK Borrower pursuant to §2.1 in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such UK Lender’s name on Schedule II, as such Schedule may be updated from time to time pursuant to §§2.10. 6.23(a) or 20, or in the Assignment and Assumption pursuant to which a UK Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Credit Agreement.
Source 1Source 2Source 3

Examples of UK Revolving Loan Commitment in a sentence

  • The Pro Rata Share of the UK Revolving Loan of any UK Revolving Lender shall not at any time exceed its separate UK Revolving Loan Commitment.

  • The UK Revolving Loan Commitment Amounts are subject to reduction from time to time pursuant to Section 3.2.1, and to reallocation from time to time pursuant to Section 3.2.

  • Each note shall be in the principal amount of the UK Revolving Loan Commitment of the applicable UK Revolving Lender denominated in Sterling or Euro, as the case may be, dated the Closing Date (or later date, as applicable) and substantially in the form of Exhibit 1.1(a)-3(ii) (each a “UK Revolving Note” and, collectively, the “UK Revolving Notes”).

  • Upon (and as a condition to) a reallocation pursuant to this Section which increases the UK Revolving Loan Commitment Amount, the UK Borrower shall execute and deliver to each of the Dual Lenders a new UK Revolving Note to reflect the increased UK Revolving Loan Commitment of such Dual Lender.

  • Any reduction of the UK Revolving Loan Commitment Amount which reduces the UK Revolving Loan Commitment Amount below the then current amount of the UK Letter of Credit Commitment Amount shall result in an automatic and corresponding reduction of the UK Letter of Credit Commitment Amount to the amount of the UK Revolving Loan Commitment Amount, as so reduced, without any further action on the part of any UK Lender or any UK Issuer.

  • Each note shall be in the principal amount of the UK Revolving Loan Commitment of the applicable UK Revolving Lender, dated the Closing Date and substantially in the form of Exhibit 1.1(a)(ii) (each a “UK Revolving Note” and, collectively, the “UK Revolving Notes”).

  • The UK Pro Rata Share of the Dollar Equivalent of UK Revolving Loan of any UK Revolving Lender shall not at any time exceed its separate UK Revolving Loan Commitment.

  • In addition the resident noon conference series includes discussions of ethics issues, including organ donation and neurologic criteria of brain death.

  • If the US Revolving Loan Commitment Amount is reduced as a result of a reallocation that increases the UK Revolving Loan Commitment Amount pursuant to Section 3.2.2, then the US Percentages of the US Lenders that are not Dual Lenders shall be increased and the US Percentages of the Dual Lenders shall be decreased based upon the foregoing principles (it being understood that the Commitment Amounts of the US Lenders that are not Dual Lenders shall not be changed as a result of such reallocation).

  • Following the prepayment of the Term Loans in full, in the event no Term Loans shall be outstanding, the US Revolving Loan Commitment Amount and UK Revolving Loan Commitment shall, without any further action, automatically and permanently be reduced pro rata concurrently with the receipt of any Net Disposition Proceeds received by the US Borrower or its US Subsidiaries, in an amount equal to 100% of such Net Disposition Proceeds.


More Definitions of UK Revolving Loan Commitment

UK Revolving Loan Commitment means, relative to any UK Lender, such UK Lender's obligation (if any) to make UK Revolving Loans pursuant to Section 3.1.1.
Source 1
UK Revolving Loan Commitment means the commitment of a UK Lender (i) to make UK Revolving Loans to Xxxx UK pursuant to
Source 1
UK Revolving Loan Commitment means (a) as to any UK Revolving Lender, the commitment of a UK Revolving Lender to make UK Revolving Credit Advances as set forth in Annex J to the Agreement or in the most recent Assignment Agreement executed by such UK Revolving Lender and (b) as to all UK Revolving Lenders, the aggregate commitment of all UK Revolving Lenders to make UK Revolving Credit Advances, which aggregate commitment shall be £2,740,300 on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
Source 1
UK Revolving Loan Commitment means, for each Lender, the amount set forth opposite such Lender’s name in S chedule 1.01(a) directly below the column entitled “UK Revolving Loan Commitment,” as same may be (x) reduced from time to time or terminated pursuant to
Source 1
UK Revolving Loan Commitment means (a) as to any UK Revolving Lender, the aggregate commitment in U.S. Dollars of such UK Revolving Lender to make UK Revolving Credit Advances or incur UK Letter of Credit Obligations as set forth on Annex I to the Agreement or in the most recent Assignment Agreement executed by such UK Revolving Lender and (b) as to all UK Revolving Lenders, the aggregate commitment in U.S. Dollars of all UK Revolving Lenders to make UK Revolving Credit Advances or incur UK Letter of Credit Obligations, which aggregate commitment shall be $28,000,000 on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
Source 1

Related to UK Revolving Loan Commitment

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

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

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.