Available Revolving Facility definition

Available Revolving Facility means, at any time, the aggregate amount of the Available Revolving Facility Commitments.

Available Revolving Facility means, in relation to each Revolving Facility, the aggregate for the time being of each Lender’s Available Revolving Commitment in respect of that Revolving Facility.

Available Revolving Facility means, at any time, the aggregate amount of the Available Revolving Commitments adjusted, in the case of any proposed drawdown, so as to take into account:

Examples of Available Revolving Facility in a sentence

• All (x) Base Rate Loans shall be made in a minimum amount of $500,000 and an integral multiple of $100,000 or, if less, in the amount of the Available Revolving Facility Commitment, and (y) LIBOR Loans shall be made in a minimum amount of $1,000,000 and an integral multiple of $500,000.

• Each Swingline Loan shall reduce the Available Revolving Facility Commitment and the Available Revolving Lender Commitment by the outstanding principal amount of such Swingline Loan.

• No Borrowing of Revolving Loans shall be made if, after giving effect thereto, (A) the Available Revolving Facility Commitment would be less than zero, or (B) the Available Revolving Lender Commitment of any Revolving Lender would be less than zero.

• No Borrowing of Swingline Loans shall be made if, after giving effect thereto, (A) the Available Revolving Facility Commitment would be less than zero, (B) aggregate principal balance of the Swingline Loans exceeds the Swingline Loan Commitment, or (C) the Available Revolving Lender Commitment of any Revolving Lender would be less than zero.

• In the event the proceeds of any repayment applied in accordance with Clauses 12 (Voluntary Prepayment) and 13 (Mandatory Prepayment) exceeds the amount of Term Facility Outstandings at such time, any such excess shall be applied to permanently reduce the Available Revolving Facility.

More Definitions of Available Revolving Facility

Available Revolving Facility means the aggregate for the time being of each Lender's Available Commitment in respect of the Revolving Facility.

Available Revolving Facility means, in relation to the Revolving Facility, at any time, the aggregate amount of the Available Revolving Facility Commitments in respect of the Revolving Facility at that time.

Available Revolving Facility means, at any time, the aggregate amount of the Available Revolving Commitment adjusted, in the case of any proposed utilisation, to take into account:

Available Revolving Facility means, at any time, the aggregate of the Available Revolving Commitments at such time;

Available Revolving Facility means, at any time but subject always to the Facilities Cap, the aggregate amount of the Available Revolving Commitments adjusted, in the case of any proposed drawdown, so as to take into account:

Available Revolving Facility means, in relation to a Facility, the aggregate for the time being of each Revolving Lender’s Available Revolving Commitment. “Base Currency” means US Dollars. “Base Currency Amount” means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower (or the Parent Company on behalf of a Borrower) for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Facility Agent’s Spot Rate of Exchange on the date which is, subject as otherwise provided, three Business Days before the Utilisation Date or, if later, on the date the Facility Agent receives the Utilisation

Available Revolving Facility means, in relation to each Revolving Facility, the aggregate for the time being of each Lender's Available Revolving Commitment in respect of that Revolving Facility.