BABC Loans definition

BABC Loans have the meanings specified in Section 2.2(h).
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BABC Loans have the meanings specified in SECTION 2.2(h).
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BABC Loans have the meanings specified in Section 2.2(h). "Bank of America" means Bank of America National Trust and Savings Association, a national banking association, or any successor entity thereto.
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Examples of BABC Loans in a sentence

  • All Loans (other than BABC Loans and Agent Advances) shall be made by the Lenders simultaneously and in accordance with their Pro Rata Shares.

  • The Agent shall record on its books the principal amount of the Revolving Loans owing to each Lender, including the BABC Loans owing to BABC, and the Agent Advances owing to the Agent, from time to time.

  • Subject to the satisfaction of the conditions precedent set forth in Article 10, each Lender severally agrees, upon the Borrower's request from time to time on any Business Day during the period from the Closing Date to the Termination Date, to make revolving loans (the "Revolving Loans") to the Borrower, in amounts not to exceed (except for BABC with respect to BABC Loans or Agent Advances) such Lender's Pro Rata Share of the Borrower's Availability.

  • All Revolving Loans (other than BABC Loans and Agent Advances) shall be made by the Lenders simultaneously and in accordance with their Pro Rata Shares.

  • The Agent shall record on its books the principal amount of the Revolving Loans owing by each Borrower to each Lender, including the BABC Loans owing by each Borrower to BABC, and the Agent Advances owing by each Borrower to the Agent, from time to time.

  • The Agent agrees that on any date that BABC Loans exceed $10,000,000, the Agent shall request Settlement of all outstanding BABC Loans on the Business Day following such date.

  • Subject to the satisfaction of the conditions precedent set forth in ARTICLE 10, each Lender severally agrees, upon a Borrower's request from time to time on any Business Day during the period from the Closing Date to the Termination Date, to make revolving loans (the "Revolving Loans") to such Borrower, in amounts not to exceed for the Borrowers on an aggregate basis (except for BABC with respect to BABC Loans or Agent Advances) such Lender's Pro Rata Share of the Combined Availability.

  • The aggregate outstanding principal balance of the BABC Loans shall not exceed $2,000,000 at any time.

  • The Agent may request Revolving Loans on behalf of a Borrower as described in the immediately preceding sentence, but notwithstanding anything to the contrary contained herein, any notice required to be given to any Lender by the Agent in connection with any BABC Loans made pursuant to this Section 4.5 may be made contemporaneously with the Settlement relating thereto.

  • Subject to the satisfaction of the conditions precedent set forth in Article 10, each Lender severally agrees, upon the Borrower's request from time to time on any Business Day during the period from the Closing Date to the Termination Date to make revolving loans (the "Revolving Loans") to the Borrower, in amounts not to exceed (except for BABC with respect to BABC Loans or Agent Advances) such Lender's Pro Rata Share of the Availability.


More Definitions of BABC Loans

BABC Loans means Revolving Loans made solely by BABC pursuant to Section 2.2(g).
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Related to BABC Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(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.

  • Swing Loans each is defined in Section 1.7 hereof.

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

  • 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.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term Loan as defined in Section 2.1.

  • 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

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

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.