Examples of Additional Revolving Facility in a sentence
Additional Revolving Facility means any Additional Facility which is designated as a revolving facility in an Additional Facility Notice.
Additional Facility means one or more additional facilities made available pursuant to Clause 2.3 (Additional Facility) which are documented under this Agreement, including as new or existing facility commitment(s) and/or as an additional tranche or class of, or an increase of, or an extension of, any existing Facility or a previously incurred Additional Facility (including, in each case, term or revolving facilities and any Additional Revolving Facility).
Additional Revolving Facility Loan means a loan made or to be made under any Additional Revolving Facility or the principal amount outstanding for the time being of that loan (including any amount which is outstanding prior to the Additional Facility Commencement Date).
Note: Under the Act, if the former resident’s right to reside is terminated by the operator because the operator is implementing an approved closure plan, then the operator must pay the exit entitlement 14 days after an agreed resale value of the right to reside is determined.
Each Borrowing in respect of the Term Facility, each Borrowing in respect of any Additional Revolving Facility, each conversion of Term Loans or Revolving Loans from one Type to the other, and each continuation of LIBO Rate Loans shall be made upon irrevocable notice by the Parent Borrower to the Administrative Agent.