Domestic Revolving Credit Facility definition

Domestic Revolving Credit Facility means a domestic revolving credit facility with a revolving commitment in an aggregate amount of at least Five Million Dollars ($5,000,000) and which facility is not guaranteed by Ex-Im Bank or any other governmental program.
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Domestic Revolving Credit Facility means the facility described in Article II hereof providing for Loans to the Domestic Borrowers by the Domestic Lenders in the aggregate principal amount of the Total Domestic Revolving Credit Commitment less the aggregate amount of outstanding Swing Line Loans, Domestic Letters of Credit Outstandings and Domestic Acceptances Usage;
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Domestic Revolving Credit Facility means the Credit Agreement dated as of August 19, 2005 among the Borrower, the subsidiary guarantors party thereto, the lenders party thereto, the co–documentation agents party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent.
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Examples of Domestic Revolving Credit Facility in a sentence

  • The Multicurrency Facilities Borrowers agree that if at any time the Total Domestic Utilization shall exceed the Total Domestic Revolving Credit Commitment, the Multicurrency Facilities Borrowers shall immediately reduce the outstanding Domestic Revolving Loans such that, as a result of such reduction, the Total Domestic Revolving Credit Facility shall equal or exceed the Total Domestic Utilization.

  • Notwithstanding any other provision of this Agreement to the contrary, in order to administer the Domestic Revolving Credit Facility in an efficient manner and to minimize the transfer of funds between the Agent and the Multicurrency Facilities Lenders, NationsBank shall make available Swing Line Loans to TDC in Dollars prior to the Revolving Credit Termination Date.

  • The proceeds of the Loans made pursuant to the Domestic Revolving Credit Facility hereunder shall be used by the Multicurrency Facilities Borrowers to repay and terminate the Prior Domestic Facilities, Prior TD Canadian Facilities and the Prior TD France Facility, to finance Capital Expenditures and Permitted Acquisitions and for other working capital and general corporate needs of TDC and its Subsidiaries, to the extent permitted under this Agreement.

  • NationsBank may charge the Borrower's Account or any other account any Multicurrency Facilities Borrower may have with it for any and all amounts NationsBank pays under a Domestic Letter of Credit or Domestic Acceptance; provided that to the extent permitted by Section 2.01(b)(vii), amounts shall be paid pursuant to Domestic Advances under the Domestic Revolving Credit Facility.

  • The Domestic Revolving Credit Facility (the "Credit Facility") is available for general corporate purposes of the Company.

  • NationsBank may charge any account (other than accounts pledged pursuant to the Transfer and Administration Agreement) that the Borrower or any Multicurrency Facilities Borrower may have with it for any and all amounts NationsBank pays under a Domestic Letter of Credit or Domestic Acceptance; provided that to the extent permitted by Section 2.01(b)(vii), amounts shall be paid pursuant to Domestic Advances under the Domestic Revolving Credit Facility.

  • The proceeds of the Loans made pursuant to the Domestic Revolving Credit Facility hereunder shall be used by the Multicurrency Facilities Borrowers to repay and terminate the Prior Facilities, to finance capital expenditures and Permitted Acquisitions and for other working capital and general corporate needs of TDC and its Subsidiaries, to the extent permitted under this Agreement.


More Definitions of Domestic Revolving Credit Facility

Domestic Revolving Credit Facility means the Revolving Credit Commitments and the provisions herein related to the Domestic Revolving Loans, Swing Loans and Letters of Credit.
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Domestic Revolving Credit Facility mean the loan facility established under the Domestic Credit Agreement and the other Loan Documents, as such term is defined in the Domestic Credit Agreement.
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Related to Domestic Revolving Credit Facility

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.