Committed Revolving Loans definition

Committed Revolving Loans has the meaning provided in Section 2.01(a).
Committed Revolving Loans means the principal amount of all Revolving Loans which any Lender is obligated to make as a result of such Lender having received a Funding Notice pursuant to Section 2.3 hereof, but which has not been funded.
Committed Revolving Loans is amended to read as follows:

Examples of Committed Revolving Loans in a sentence

  • Committed Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

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  • Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Committed Revolving Loans, but subject to the unutilized portion of the Aggregate Revolving Commitments and the conditions set forth in Section 4.02.

  • Committed Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

  • Committed Revolving Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • Each such prepayment shall be applied to the Committed Revolving Loans of the Lenders in accordance with their respective Applicable Percentages.

  • All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year), or, in the case of interest in respect of Committed Revolving Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice.

  • Each such notice shall specify the date and amount of such prepayment and the Type(s) of Committed Revolving Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans.

  • If Bank of America resigns as the Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make Committed Revolving Loans that are Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

  • Upon the expiration of the Availability Period, the commitments of the Revolving Lenders to make Committed Revolving Loans shall irrevocably cease.


More Definitions of Committed Revolving Loans

Committed Revolving Loans means any Revolving Loans made pursuant to Section 2.01(a), including the Incremental Revolving Loans established pursuant to Amendment No. 3 and any other Incremental Revolving Loans established hereunder.
Committed Revolving Loans means the principal amount of all Revolving Loans which any Syndication Party is obligated to make as a result of such Syndication Party having received a Funding Notice pursuant to Section 2.3 hereof, but which has not been funded.

Related to Committed Revolving Loans