Aggregate Revolving Loans definition

Aggregate Revolving Loans. The aggregate principal amount of all Revolving Loans outstanding at any one time under this Agreement.
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Aggregate Revolving Loans means the Revolving Loans under this Agreement, plus the “Revolving Loans” under the US Credit Agreement, plus the “Revolving Loans” under the Euro Credit Agreement.
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Aggregate Revolving Loans. The aggregate principal amount of the Revolving Loans from the Lender to the Borrower outstanding at any time.
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Examples of Aggregate Revolving Loans in a sentence

  • The Maximum Swingline Amount on any date for any Swingline Advance shall be a Dollar amount equal to the lesser of (a) Twenty-Five Million Dollars ($25,000,000) less the outstanding principal amount of any Swingline Loans and (b) the amount by which the Revolving Loan Maximum Available Amount as of such date exceeds the Aggregate Revolving Loans.

  • Each such prepayment will be applied by Administrative Agents and Lenders first to reduce the Swingline Loan until it is reduced to zero, then to reduce the Aggregate Revolving Loans, including any Extended Pay Outstandings (and consequently a ratable portion of each Lender’s Revolving Loans).

  • No Revolving Loan Advance will be made which would result in the Aggregate Revolving Loans exceeding the Revolving Loan Maximum Available Amount and no Revolving Loan Advance will be made on or after the Termination Date.

  • In no event shall the Aggregate Revolving Loans outstanding or requested be such that, after giving effect to any such request, the Aggregate Revolving Bank Liabilities would exceed the then-effective Revolving Commitment Amount.

  • Notwithstanding anything contained in this Agreement to the contrary, at no time may the Aggregate Floorplan Loans, Interim Floorplan Loans, unfunded Approvals, Aggregate Revolving Loans (including Extended Pay Outstandings), Swingline Loans and the Letter of Credit Exposure exceed the Total Facility Limit, except as permitted in Section 3.2.10.

  • Borrower shall pay interest on the Aggregate Revolving Loans and any Obligations with respect to Letters of Credit after their Maturity, and, at the option of Administrative Agent, on the Aggregate Revolving Loans and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of two percent (2.0%) plus the interest rate otherwise applicable thereto.

  • The Administrative Agent may make a Swingline Loan even if after making a Swingline Loan, the Administrative Agent's Pro-Rata Share of the sum of the Aggregate Revolving Loans, the Letter of Credit Exposure, and all outstanding Swingline Loans will exceed the Administrative Agent's Pro-Rata Share of the Aggregate Revolving Loan Commitment.

  • The Borrower shall repay the Aggregate Revolving Loans in part from time to time in such principal amounts as may be necessary to ensure that the Aggregate Revolving Loans at no time exceed the lesser of the Maximum Credit or the Borrowing Base then in effect.

  • The Borrower ------------------------------------ will pay interest on the principal amount of the Aggregate Revolving Loans outstanding from time to time, from the date of the initial Revolving Loan until payment of all Revolving Loans and the Revolving Note in full.

  • In addition, on any date that the sum of the Aggregate Revolving Loans, the Swingline Loans, the Aggregate Floorplan Loans, the Interim Floorplan Loans, the unfunded Approvals, the Letter of Credit Exposure and the Floorplan Shortfall exceeds the Borrowing Base plus the Floorplan Inventory Value, then the Borrower shall immediately make a payment of the amount of such excess to the Administrative Agent.

Related to Aggregate Revolving Loans

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

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

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • New Revolving Loans as defined in Section 2.25.

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

  • 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.

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

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

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

  • 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.

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

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

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

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

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(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.

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

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

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

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

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

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.