Committed Revolving Loan definition

Committed Revolving Loan has the meaning specified in Section 2.01(a).
Committed Revolving Loan means a Dollar Tranche Loan and/or an Alternative Currency Tranche Loan, as the context may require, and includes Committed Revolving Loans pursuant to Section 2.03.
Committed Revolving Loan means a Committed Primary Revolving Loan or a Committed Singapore Revolving Loan.

Examples of Committed Revolving Loan in a sentence

  • The Agent and the Lenders shall have no obligation to make any Committed Revolving Loan if an Overadvance would result.

  • A Permitted Overadvance is for the account of the Borrower and shall constitute a Committed Revolving Loan and an Obligation and shall be repaid by the Borrower in accordance with the provisions of Section 2.05(c).

  • The failure of any Lender to make any Committed Revolving Loan shall neither relieve any other Lender of its obligation to fund its portion of the Committed Revolving Loans in accordance with the provisions of this Agreement nor increase the obligation of any such other Lender.

  • The accounts or records maintained by the Agent and each Lender shall be conclusive absent manifest error of the amount of the Committed Revolving Loan made by the Lenders to the Borrower and the interest and payments thereon.

  • In addition, each Lender may record in such Lender’s internal records, an appropriate notation evidencing the date and amount of each Committed Revolving Loan from such Lender, each payment and prepayment of principal of any such Committed Revolving Loan, and each payment of interest, fees and other amounts due in connection with the Obligations due to such Lender.


More Definitions of Committed Revolving Loan

Committed Revolving Loan means a Loan made pursuant to Section 2.1(a) or 2.1(b).
Committed Revolving Loan means a Committed Foreign Currency Revolving Loan or a U.S. Revolving Loan.
Committed Revolving Loan means a Revolving Loan made by a Bank pursuant to Section 2.1; provided that, if any such Revolving Loan or Loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Committed Revolving Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.
Committed Revolving Loan has the meaning specified in SECTION 2.1, and may be a Eurodollar Committed Loan or a Base Rate Committed Loan.
Committed Revolving Loan means a Revolving Loan made by a Bank pursuant to Section 2.1(a); provided that, if any such Revolving Loan or Loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Committed Revolving Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.
Committed Revolving Loan has the meaning specified in Section 2.01 and includes Committed Revolving Loans pursuant to Section 2.03. “Compliance Certificate” means a certificate substantially in the form of Exhibit E. “Conforming Changes” means, with respect to the use, administration of or any conventions associated with USD LIBOR, SOFR, SXXXX, SXXXX, EURIBOR, CXXX, XXXXX, BBSY, any Canadian Benchmark Replacement or any proposed Successor Rate for an Agreed Currency or Term SOFR, as applicable, any conforming changes to the definitions ofBase Rate,” “Daily SOFR”, “Daily Simple SOFR,” “SOFR,” “SXXXX,” “SARON,” “EURIBOR,” “CDOR,” “TXXXX,” “BBSY,” “Term SOFR,” “Term SOFR Screen Rate,” “Interest Period,” “Relevant Rate,” timing and frequency of determining rates and making payments of interest and other technical, administrative or operational matters (including, for the avoidance of doubt, the definitions of “Business Day” and “U.S. Government Securities Business Day,” timing of borrowing requests or prepayment, conversion or continuation notices, and the applicability and length of lookback periods) as may be appropriate, in the discretion of the Administrative Agent (after consultation in good faith with the Borrower), to reflect the adoption and implementation of such applicable rate(s) and to permit the use and administration thereof by the Administrative Agent in a manner substantially consistent with market practice for such Agreed Currency (or, if the Administrative Agent determines that adoption of any portion of such market practice is not administratively feasible or that no market practice for the administration of such rate for such Agreed Currency exists, in such other manner of administration as the Administrative Agent (after consultation in good faith with the Borrower) determines is reasonably necessary in connection with the administration of this Agreement and any other Loan Document).
Committed Revolving Loan means individually, a Tranche A Loan and a Tranche A-1 Loan, and collectively, all Tranche A Loans and all Tranche A-1 Loans.