Australian Revolving Loans definition

Australian Revolving Loans. The revolving credit loans made or to be made by the Australian Lenders to the Australian Borrower pursuant to §2.1.
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Australian Revolving Loans thereunder (issued as debentures in inscribed form and evidenced by “Australian Revolving Loan Notes” thereunder), and the lenders party thereto accepted such invitation;
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Australian Revolving Loans means any Loans made by Lenders to ACI pursuant to subsection 2.1C.
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Examples of Australian Revolving Loans in a sentence

  • Unless the context of this Agreement or any other Loan Document clearly requires otherwise, all references to time of day refer to (i) Chicago time for U.S. Revolving Loans and (ii) Sydney time for Australian Revolving Loans.

  • The Australian Borrower shall have the right, at its election, to repay the outstanding amount of the Australian Revolving Loans, as a whole or in part, at any time without penalty or premium, provided that any full or partial prepayment of the outstanding amount of any Australian Revolving Loan pursuant to this §4.3.4 made on a day other than the last day of the Interest Period relating thereto shall be subject to compliance with §6.

  • It is agreed that each Australian Revolving Lender’s funded portion of the Australian Revolving Loans is intended by the U.S. Revolving Lenders to equal, at all times, such Lender’s Pro Rata Share of the outstanding Australian Revolving Loans.

  • All liabilities and obligations in respect of and relating to the Australian Revolving Loans shall be the joint and several Obligations of each Australian Offshore Borrower.

  • The Australian Swing Loans shall be secured by Liens granted under the Loan Documents, constitute Australian Revolving Loans and Australian Obligations, and bear interest at the rate applicable from time to time to Australian Revolving Loans that are Base Rate Loans.

  • The Australian Offshore Borrowers shall make prepayments of the Australian Revolving Loans to the extent necessary so that the Total Utilization of Australian Revolving Loan Commitments does not exceed the Offshore Sublimit then in effect for the Australian Offshore Borrowers.

  • In addition, the Australian Offshore Borrower(s) making such issue shall execute and deliver to each Lender having an Australian Revolving Loan Exposure one or more Australian Revolving Loan Notes, substantially in the form of Exhibit VI attached hereto, immediately after the making of such Australian Revolving Loans.

  • Borrowers may reduce the Australian Revolver Commitments, without premium or penalty, to an amount (which may be zero) not less than the sum of (A) the Australian Revolver Usage as of such date, plus (B) the principal amount of all Australian Revolving Loans not yet made as to which a request has been given by Borrowers under Section 2.3(a), plus (C) the amount of all Australian Letters of Credit not yet issued as to which a request has been given by Borrowers pursuant to Section 2.12(a).

  • Between Settlement Dates, Agent, to the extent no Australian Extraordinary Advances or Australian Swing Loans are outstanding, may pay over to Australian Swing Lender any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Australian Revolving Loans, for application to Australian Swing Lender’s Pro Rata Share of the Australian Revolving Loans.

  • Australian Revolving Loans shall be BBSY Loans, as further provided herein.


More Definitions of Australian Revolving Loans

Australian Revolving Loans has the meaning specified therefor in Section 2.1(b) of the Agreement and includes Australian Letter of Credit Disbursements pursuant to Section 2.12(d).
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Australian Revolving Loans means any existing Australian Revolving Loans outstanding under the Second Amended and Restated Credit Agreement on the Third Restatement Date and amended and restated as Australian Revolving Loans hereunder and Loans made from and after the Third Restatement Date by Lenders to Australian Offshore Borrowers pursuant to subsection 2.1C.
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Australian Revolving Loans means the Existing Australian Loans which are purchased, assumed, amended and restated on the Restatement Date pursuant to subsection 2.1C and the additional Loans made from and after the Restatement Date by Lenders to Australian Offshore Borrowers pursuant to subsection 2.1C.
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Related to Australian Revolving Loans

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

  • 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.

  • 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.

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

  • New Revolving Loans as defined in Section 2.25.

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

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

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

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

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

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

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

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

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

  • Revolving Credit Loans as defined in Section 2.1.

  • 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.

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

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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