Revolving Credit Advance definition

Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.
Revolving Credit Advance has the meaning specified in Section 2.01(a).
Revolving Credit Advance means a borrowing requested by the Borrower and made by the Revolving Credit Lenders under Section 2.1 of this Agreement, including without limitation any readvance, refunding or conversion of such borrowing pursuant to Section 2.3 hereof and any deemed disbursement of an Advance in respect of a Letter of Credit under Section 3.6(c) hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Examples of Revolving Credit Advance in a sentence

  • Upon receipt of any such notice from the Company relating to a Revolving Credit Advance, the Agent shall promptly notify the LendersPromptly following receipt of a Borrowing Request in accordance with this Section, the Agent shall advise each Lender of the details thereof and of the amount of such Xxxxxx’s Loan to be made as part of the requested Advance.


More Definitions of Revolving Credit Advance

Revolving Credit Advance means an advance by a Lender to the Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a "Type" of Revolving Credit Advance).
Revolving Credit Advance has the meaning specified in Section 2.01(c).
Revolving Credit Advance means any Revolving Credit Loan and any Letter of Credit Advance.
Revolving Credit Advance means an advance by a Lender to any Borrower under Section 2.01(a).
Revolving Credit Advance means an Advance made pursuant to Section 2.1(a) hereof.
Revolving Credit Advance shall have the meaning assigned to it in Section ------------------------ ------- 1.1(a)(i). ---------