Common use of Repayment with Revolving Loans Clause in Contracts

Repayment with Revolving Loans. On any day on which the Borrower shall have requested, or been deemed to have requested, a Revolving Loan borrowing to reimburse a drawing under a Letter of Credit, the Administrative Agent shall give notice to the applicable Lenders that a Revolving Loan has been requested or deemed requested in connection with a drawing under a Letter of Credit, in which case a Revolving Loan

Appears in 1 contract

Samples: Credit Agreement (Ivex Packaging Corp /De/)

AutoNDA by SimpleDocs

Repayment with Revolving Loans. On any day on which the any Borrower shall have requested, or been deemed to have requested, a Revolving Loan borrowing advance to reimburse a drawing under a Letter of Credit, the Administrative Agent shall give notice to the applicable Lenders that a Revolving Loan has been requested or deemed requested in connection with a drawing under a Letter of Credit, in which case a Revolving Loanthat

Appears in 1 contract

Samples: Credit Agreement (Nova Corp \Ga\)

Repayment with Revolving Loans. On any day on which the Borrower shall have requested, or been deemed to have requested, a Revolving Loan borrowing advance to reimburse a drawing under a Letter of Credit, the Administrative Agent shall give notice to the applicable Lenders that a Revolving Loan has been requested or deemed requested by the Borrower to be made in connection with a drawing under a Letter of Credit, in which case a Revolving LoanRevolving

Appears in 1 contract

Samples: Credit Agreement (Modtech Holdings Inc)

AutoNDA by SimpleDocs

Repayment with Revolving Loans. On any day on which the any Borrower shall have requested, or been deemed to have requested, a Revolving Loan borrowing advance to reimburse a drawing under a Letter of Credit, the Administrative Agent shall give notice to the applicable Lenders that a Revolving Loan has been requested or deemed requested by such Borrower to be made in connection with a drawing under a Letter of Credit, in which case a Revolving Loana

Appears in 1 contract

Samples: Credit Agreement (Highwoods Properties Inc)

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