Examples of Dollar Revolving Credit Loan in a sentence
If such Dollar Revolving Credit Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Dollar Revolving Credit Loan included in the relevant Borrowing or funded participation in the relevant Swing Line Loan, as the case may be.
The amount available to be drawn under any Letter of Credit shall reduce on a dollar-for-dollar basis the amount available to be drawn under the Total U.S. Dollar Revolving Credit Commitment as a U.S. Dollar Revolving Credit Loan.
At any time and in respect of any Letter of Credit, the sum of (a) the maximum undrawn face amount of such Letter of Credit plus (b) the aggregate unpaid principal amount of all drawings made under such Letter of Credit which have not been repaid (including repayment by a U.S. Dollar Revolving Credit Loan).
Collectively, the Lenders which have a U.S. Dollar Revolving Credit Commitment, or if the U.S. Dollar Revolving Credit Commitments have terminated or expired, any Lender that has a U.S. Dollar Revolving Credit Loan, or participation in a Letter of Credit or Swing Loan.
The proceeds of such U.S. Dollar Revolving Credit Loan shall be immediately applied to repay the Swing Loans.
Each Dollar Revolving Credit Lender shall make the amount of such Dollar Revolving Credit Loan available to the Administrative Agent at the Funding Office in immediately available funds, not later than 10:00 A.M., New York City time, one Business Day after the date of such notice.
If such Dollar Revolving Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Dollar Revolving Credit Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.
Subject to Section 2.13(d), each U.S. Dollar Lender may at its option fulfill its U.S. Dollar Revolving Credit Commitment with respect to any Eurodollar Loan by causing a foreign branch or affiliate to make such U.S. Dollar Revolving Credit Loan, provided that any exercise of such option shall not affect the obligation of LGEI to repay such U.S. Dollar Revolving Credit Loan in accordance with the terms hereof and of the relevant U.S. Dollar Revolving Credit Note.
If no election is made as to the Interest Rate Type of any U.S. Dollar Revolving Credit Loan, such notice shall be deemed a request for an Alternate Base Rate Loan.
No Alternative Currency/Dollar Revolving Credit Loan or U.S. Dollar Revolving Credit Loan may be converted into or continued as a Revolving Credit Loan denominated in a different Currency, but instead must be prepaid in the original Currency of such Revolving Credit Loan and reborrowed in the other Currency.