Revolver Loan. During any Default or Event of Default, Agent may (and shall at the direction of Required Lenders) declare that no Loan may be made, converted or continued as a Tranche A LIBOR Revolver Loan. During any Default or Event of Default, Agent may (and shall at the direction of Required Lenders) declare that no Loan may be made, converted or continued as a Tranche A-1 LIBOR Revolver Loan.
Revolver Loan a Revolver Loan made by a U.S. Lender to the U.S. Borrower pursuant to Section 2.1.1(a), and any U.S. Swingline Loan, which Loan shall be denominated in Dollars and shall be either a U.S. Base Rate Loan or a LIBOR Loan, in each case as selected by Loan Party Agent, and any U.S. Overadvance Loan and any Protective Advance made by the Agent as a U.S. Base Rate Revolver Loan pursuant to Section 2.1.6.
Revolver Loan a US Revolver Loan or a UK Revolver Loan, as the context requires. Revolver Termination Date: March 31, 2019. Revolver Usage: the sum of the US Revolver Usage and the UK Revolver Usage. Royalties: all royalties, fees, expense reimbursement and other amounts payable by any Obligor or its respective Subsidiaries under a License.
Revolver Loan a loan made by Lenders as provided in Section 2.1 (including any Out-of-Formula Loan) or a Swingline Loan funded solely by BofA. Revolver Note - a Revolver Note to be executed by Borrowers in favor of each Lender in the form of Exhibit A attached hereto, which shall be in the face amount of such Lender's Revolver Commitment and which shall evidence all Revolver Loans made by such Lender to Borrowers pursuant to this Agreement. Royalties - with respect to a License Agreement, all royalties, fees, expense reimbursement and other amounts at any time owing by a Borrower under such License Agreement. S&P - Standard & Poor's Ratings Group, a division of XxXxxx-Xxxx, Inc. Schedule of Accounts - as defined in Section 8.2.1. SEC - Securities and Exchange Commission. Secured Parties - Agent, Issuing Bank, Lenders (including BofA as the provider of Swingline Loans) and any Lender or any Affiliate of a Lender as the provider of any Bank Products. Security Documents - the Patent Security Agreements, each Guaranty, the Trademark Security Agreements, the Deposit Account Control Agreements, the Pledge Agreements, the Mortgages, the Environmental Agreement, the Negative Pledge Agreements, and all other instruments and agreements now or at any time hereafter securing the whole or any part of the Obligations.
Revolver Loan a loan made by Lenders as provided in Section 2.1 (including any Out-of-Formula Loan) or a Swingline Loan funded solely by BofA. S&P — Standard & Poor’s Ratings Group, a division of XxXxxx-Xxxx, Inc. Schedule of Accounts — as defined in Section 8.2.1. SEC — Securities and Exchange Commission. Secured Parties — Agent, Issuing Bank, Lenders (including BofA as the provider of Swingline Loans) and any Lender (and any Affiliate of any Lender) as the provider of any Bank Products.
Revolver Loan. Tranche A-1 Revolver Note — a promissory note to be executed by Borrowers in favor of a Lender in the form of Exhibit B, which shall be in the amount of such Lender’s Tranche A-1 Revolver Commitment and shall evidence the Tranche A-1 Revolver Loans made by such Lender. Transferee — any actual or potential Eligible Assignee, Participant or other Person acquiring an interest in any Obligations. Trigger Event — any date on which (a) a Specified Event of Default occurs or (b) an Excess Availability Trigger Event occurs. Trigger Event Period — any period (a) commencing upon the occurrence of a Trigger Event and (ii) ending on a Trigger Event Termination Date. Trigger Event Termination Date — any date during a Trigger Event Period on which (a) with respect to a Trigger Event resulting from the occurrence of a Specified Event of Default, all Events of Default have been waived or remedied in accordance with the terms of the Loan Documents or (b) with respect to an Excess Availability Trigger Event, Excess Availability for a period of sixty (60) consecutive calendar days exceeds the greater of (i) $65,000,000 or (ii) 15% of the lesser of (x) the aggregate Commitments then in effect and (y) the Aggregate Borrowing Base then in effect; provided, however, that in no event shall a Trigger Event Termination Date be deemed to have occurred (and a Trigger Event Period may not end) more than two (2) times during any period of twelve (12) consecutive months. Type — any type of a Loan (i.e., Base Rate Loan or LIBOR Loan) that has the same interest option and, in the case of LIBOR Loans, the same Interest Period. UCC — the Uniform Commercial Code as in effect in the State of New York or, when the laws of any other jurisdiction govern the perfection or enforcement of any Lien, the Uniform Commercial Code of such jurisdiction. Unused Line Fee Rate — for any Fiscal Quarter, the applicable percentage per annum set forth below determined by reference to the Facility Usage Percentage for the Fiscal Quarter most recently ended: Level Percentage Unused Fee I Less than 50% 0.50 % II Greater than or equal to 50% 0.375 % Prior to the beginning of the first full Fiscal Quarter after the Closing Date, the Unused Line Fee Rate shall be based on the Closing Date Facility Usage Percentage. Thereafter, the Unused Line Fee Rate shall be subject to increase or decrease on a Fiscal Quarter basis. Not more than ten (10) Business Days after the first day of each Fiscal Quarter, the Agent shall det...
Revolver Loan. Loan Account: the loan account established by each Lender on its books pursuant to Section 5.8. Loan Documents: this Agreement, Other Agreements and Security Documents.
Revolver Loan. Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving Revolver Advances available to the Borrower on a Business Day during the period from the Closing Date to the Maturity Date in an aggregate principal amount not to exceed at any time outstanding such Lender's Revolver Specified Percentage of the difference between the Revolver Commitment and the sum of Revolver Advances then outstanding. Subject to the terms and conditions of this Agreement, from Closing Date until the Maturity Date, the Borrower may borrow, repay and reborrow the Revolver Advances; provided, however, that at no time shall the sum of all outstanding Revolver Advances exceed the Revolver Commitment.
Revolver Loan. The definition of “Revolver Loan” is hereby deleted in full and replaced by the following:
Revolver Loan. Subject to all the terms and conditions of this Agreement and so long as no Default exists, from time to time on and after the Closing Date and prior to the Final Maturity Date with respect to the Revolver Loan the Banks will, severally in accordance with their respective Percentage Interests, make loans to the Borrower in such amounts as may be requested by the Borrower in accordance with Section
