FairPoint Communications 2002 Annual Report Download - page 287

be given while an Event of Default under 8.01 exists and (ii) the date occurring
180 days (or, in the case of a Reinvestment Election in respect of a Special
Asset Sale, 270 days) after the date of the related Reinvestment Notice.
"REPAYMENT ELECTION" shall have the meaning provided in Section
3.02(A)(c).
"REPLACED LENDER" shall have the meaning provided in Section 1.13.
"REPLACEMENT LENDER" shall have the meaning provided in Section 1.13.
"REPORTABLE EVENT" shall mean an event described in Section 4043(c) of
ERISA with respect to a Plan that is subject to Title IV of ERISA other than
those events as to which the 30-day notice period is waived under subsection
.22, .23, .25, .27 or .28 of PBGC Regulation Section 4043.
"REQUIRED C TF LENDERS" shall mean Non-Defaulting Lenders the sum of
whose outstanding C Term Loans represents an amount greater than 50% of the sum
of all outstanding C Term Loans.
"REQUIRED LENDERS" shall mean Non-Defaulting Lenders the sum of whose
Revolving Commitments (or, after the termination thereof, outstanding RF Loans)
and outstanding Term Loans constitute greater than 50% of the sum of (i) the
Adjusted Total Revolving Commitment (or, after the termination thereof, the
outstanding RF Loans of Non-Defaulting Lenders), and (ii) all outstanding Term
Loans of Non-Defaulting Lenders.
"REQUIRED RF/A TF LENDERS" shall mean Non-Defaulting Lenders the sum
of whose Revolving Commitments (or, after the termination thereof, outstanding
RF Loans) and
outstanding A Term Loans constitute greater than 50% of the sum of (i) the
Adjusted Total Revolving Commitment (or, after the termination thereof, the
outstanding RF Loans of Non-Defaulting Lenders) and (ii) all outstanding A Term
Loans of Non-Defaulting Lenders.
"RESTATEMENT EFFECTIVE DATE" shall have the meaning provided in
Section 11.10.
"REVOLVING COMMITMENT" shall mean, with respect to each Lender, the
amount set forth opposite such Lender's name in Annex I hereto directly below
the column entitled "Revolving Commitment," as the same may be (x) reduced or
terminated from time to time pursuant to Section 2.02, 2.03 and/or 8, (y)
adjusted from time to time as a result of assignments to or from such Lender
pursuant to Section 1.13 and/or 11.04 or (z) increased from time to time
pursuant to Section 1.14.
"REVOLVING FACILITY" shall mean the Facility evidenced by the Total
Revolving Commitment.
"RF LENDER" shall mean at any time each Lender with a Revolving
Commitment or with outstanding RF Loans.
"RF LOAN" shall have the meaning provided in Section 1.01(d).
"RF NOTE" shall have the meaning provided in Section 1.05(a).
"SCHEDULED EXISTING INDEBTEDNESS" shall have the meaning provided in
Section 7.04(g).
"SCHEDULED REPAYMENT" shall have the meaning provided in Section
3.02(A)(b).
"SEC" shall have the meaning provided in Section 6.0 1(f).
"SEC REGULATION D" shall mean Regulation D as promulgated under the