Credit Loan definition

Credit Loan means a revolving Loan described in Section 2.1 of this Agreement.

Credit Loan means, individually or collectively, a Base Rate Loan or a LIBOR Rate Loan.

Credit Loan means the aggregate Advances made by the Banks to the Borrowers under the Credit Line, in accordance with Section 2.01 hereof, and represented by the Credit Notes.

Examples of Credit Loan in a sentence

• If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Credit Loan included in the relevant Revolving Credit Borrowing or funded participation in the relevant Swing Line Loan, as the case may be.

• If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Credit Loan included in the relevant Revolving Credit Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.

• Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion.

• Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with Section 2.5.1 [Revolving Credit Loan Requests] without regard to any of the requirements of that provision.

• At the Borrower’s election in connection with any prepayment pursuant to this Section 5.1, such prepayment shall not be applied to any Term Loan or Revolving Credit Loan of a Defaulting Lender.

More Definitions of Credit Loan

Credit Loan means the aggregate principal amount advanced by the Lender as a Loan to the Borrowers under Article 2 hereof, or, where the context requires, the amount thereof then outstanding.

Credit Loan means the aggregate of the Loans made to Borrower pursuant to Section 2.1.

Credit Loan means the loan made to Borrower pursuant to SECTION 2.1.

Credit Loan means the Loan described in Part 2 of this Credit Agreement.

Credit Loan means the loans made pursuant to the Credit Loan Commitments and, in accordance with Section 1 of the Participation Agreement, shall be deemed to include the amounts advanced by the Credit Lenders to obtain their respective interests pursuant to the Master Transfer Agreement on the Closing Date.

Credit Loan has the meaning provided in Section 2.01.

Credit Loan means at any time, the aggregate amount of Advances then outstanding.