Acquisition Revolving Loans definition

Acquisition Revolving Loans has the meaning assigned to that term in subsection 2.5A.
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Acquisition Revolving Loans means Revolving Loans in an aggregate principal amount not in excess of $100.0 million for the purpose of funding the Acquisition.
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Acquisition Revolving Loans means loans borrowed by the Borrower or any of its Subsidiaries pursuant to the revolving credit facility under the Existing Credit Agreement (as it may be amended, refinanced or replaced) for the purpose of financing the Target Acquisition.
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Examples of Acquisition Revolving Loans in a sentence

  • The proceeds of the Acquisition Revolving Loans shall be applied by Borrower as provided in subsection 2.5A.

  • The proceeds of the Term Loans, together with proceeds of the initial Revolving Loans (the "Acquisition Revolving Loans"), and the Cash Contribution Proceeds shall be applied by Borrower to fund the Acquisition and the Refinancing.

  • The Company may, upon not less than three Business Days' prior notice to the Agent, terminate the W/C Revolving Commitment or the Acquisition Revolving Commitment in full but not in part as long as such termination is accompanied by the simultaneous prepayment in full of all outstanding W/C Revolving Loans and Acquisition Revolving Loans, respectively, and the termination, or Cash Collateralization, of all outstanding L/C Obligations.

  • The Agent will promptly notify each Bank of its receipt of any such notice with respect to W/C Revolving Loans and Acquisition Revolving Loans, and of such Bank's Pro Rata Share of such prepayment.

  • The proceeds of Acquisition Revolving Loans may, at the election of the Agent or of the Majority Banks, be made available to the Company by wire transfer pursuant to such escrow arrangements as the Agent shall determine acceptable to confirm the satisfaction of the conditions precedent to such Loans, in like funds as received by the Agent.

  • The aggregate principal amount of the initial Borrowing of Acquisition Term Loans shall be equal to the outstanding principal amount of Borrowings of Acquisition Revolving Loans at 9:00 a.m. (New York City time) on the Acquisition Revolver Conversion Date.

  • Revolving Loans may not be incurred as Acquisition Revolving Loans if after giving effect thereto the aggregate outstanding principal amount of Acquisition Revolving Loans would exceed the Acquisition Revolving Sublimit at such time.

  • On the Acquisition Revolver Conversion Date, the Revolving Commitments shall be reduced by an amount equal to the greater of (i) the aggregate principal amount of all outstanding Acquisition Term Loans on such date immediately after giving effect to the conversion of Acquisition Revolving Loans into Acquisition Term Loans on such date and (ii) $50,000,000.

  • Such permanent reduction shall take effect upon the date the corresponding mandatory prepayment is or would (if Loans were outstanding) be required by subsection 2.6(a) or, in the case of funds actually deposited as Cash Collateral under that subsection, upon the application of such cash collateral to the W/C Revolving Loans or Acquisition Revolving Loans, as applicable.

  • Such notice of prepayment shall specify the date and amount of such prepayment, the Type(s) of Loans to be prepaid, and whether such Loans are Swingline Loans, W/C Revolving Loans or Acquisition Revolving Loans.


More Definitions of Acquisition Revolving Loans

Acquisition Revolving Loans has the meaning specified in subsection --------------------------- 2.1
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Acquisition Revolving Loans means the Acquisition Revolving Loans made by Lenders to Company pursuant to subsection 2.1A(iii).
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Acquisition Revolving Loans means the Acquisition Revolving Loans made pursuant to Section 2.1 and any Acquisition Revolving Loans made utilizing the Reallocated Amount. Acquisition Revolving Loan means any one of such Revolving Loans.”
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Acquisition Revolving Loans shall have the meaning assigned to such term in Section 2.1(b).
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Related to Acquisition Revolving Loans

  • New Revolving Loans as defined in Section 2.25.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Revolving Loans as defined in Section 2.4(a).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.