Common use of No Revolving Credit Clause in Contracts

No Revolving Credit. Amounts repaid in respect of the Term Loan cannot be reborrowed.

Appears in 3 contracts

Samples: Credit Agreement (Voyager Oil & Gas, Inc.), Credit Agreement (American Standard Energy Corp.), Credit Agreement (Voyager Oil & Gas, Inc.)

AutoNDA by SimpleDocs

No Revolving Credit. Amounts repaid in respect of the Term Loan canmay not be reborrowed.

Appears in 1 contract

Samples: Second Lien Term Credit Agreement (Sanchez Energy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!