Domestic Revolving Loan definition

Domestic Revolving Loan a Loan made pursuant to Section 2.1(a)(ii).
Domestic Revolving Loan has the meaning specified in Section 2.01(a).

Examples of Domestic Revolving Loan in a sentence

  • All or any part of outstanding Domestic Revolving Loans or Canadian Revolving Loans of any Type may be converted into a Domestic Revolving Loan or Canadian Revolving Loan of another Type as provided herein, provided that any partial conversion shall be in an aggregate principal amount of $500,000 or a whole multiple thereof.

  • Each such partial prepayment of the Domestic Revolving Loan shall be in an integral multiple of $500,000 and shall be applied by the Administrative Agent, in the absence of instruction by the Domestic Borrowers, first to the principal of Base Rate Loans and then to the principal of LIBOR Rate Loans.

  • Each Conversion Request relating to the conversion of a Domestic Revolving Loan or Canadian Revolving Loan to an Applicable Offered Rate Loan shall be irrevocable by the Applicable Borrower.

  • At any time that there is sufficient Domestic Availability and the conditions precedent set forth in Section 4.02 have been satisfied, the Administrative Agent may request the Domestic Revolving Lenders to make a Domestic Revolving Loan to repay a Domestic Protective Advance.

  • Until each Domestic Lender funds its Domestic Revolving Loan that is a Domestic Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Domestic Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the applicable Domestic Swing Line Lender.


More Definitions of Domestic Revolving Loan

Domestic Revolving Loan means a revolving loan made to the Domestic Borrowers pursuant to Section 2.01(b)(i).
Domestic Revolving Loan means any Revolving Loan denominated in Dollars.
Domestic Revolving Loan means a Loan made by a Domestic Lender pursuant to Section 2.01(a). Each Domestic Revolving Loan shall be a Eurodollar Loan or an ABR Loan.
Domestic Revolving Loan means a Loan made pursuant to clause (c) of Section 2.01.
Domestic Revolving Loan means a Loan granted to US Borrower by the Lenders in accordance with Section 2.2(a) hereof.
Domestic Revolving Loan means, for any Domestic Revolving Lender, a revolving loan made to the Domestic Borrower by such Domestic Revolving Lender under its Domestic Revolving Credit Commitment pursuant to Section 2.02 or 2.06.
Domestic Revolving Loan means a Loan granted to US Borrower by the Lenders in accordance with Section 2.2(a) hereof. “Domestic Subsidiary” means a Subsidiary that is not a Foreign Subsidiary.