Dutch Revolving Loan definition

Dutch Revolving Loan means a Loan made by the Lenders to a Dutch Borrower pursuant to Section 2.01(a). Each Dutch Revolving Loan shall either be an ABR Revolving Loan or a Eurodollar Revolving Loan.
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Dutch Revolving Loan means the aggregate of all the Dutch Revolving Loan Advances.
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Examples of Dutch Revolving Loan in a sentence

  • Each Dutch Borrower, jointly and severally, hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Dutch Revolving Lender, the then unpaid principal amount of each Dutch Revolving Loan of such Dutch Revolving Lender, and (ii) to the Dutch Swingline Lender the then unpaid principal amount of each applicable Dutch Swingline Loan, in each case, on the Maturity Date.

  • All credit entries to the Dutch Revolving Loan Account are conditional and shall be readjusted as of the date made if final and indefeasible payment is not received by the Lender in cash or solvent credits.

  • The Dutch Revolving Loan Advances shall be deposited to a demand deposit account of the Dutch Borrower with the Lender or shall be otherwise applied as directed by the Dutch Borrower, which direction the Lender may require to be in writing.

  • Any and all periodic or other statements or reconciliations, and the information contained in those statements or reconciliations, of the Dutch Revolving Loan Account shall be final, binding and conclusive upon the Dutch Borrower in all respects, absent manifest error, unless the Lender receives specific written objection thereto from the Dutch Borrower within thirty (30) Business Days after such statement or reconciliation shall have been sent by the Lender.

  • OIEG shall make prepayments of the Dutch Revolving Loans to the extent necessary so that the Total Utilization of Dutch Revolving Loan Commitments does not exceed the Offshore Sublimit then in effect for OIEG.

  • Additionally, the Dutch Borrower promises to pay to the order of the Lender interest on the outstanding aggregate principal amount (calculated on a daily basis) of all Dutch Revolving Loan Advances in the manner, and at the times, as herein set forth.

  • Any and all periodic or other statements or reconciliations, and the information contained in those statements or reconciliations, of the Dutch Revolving Loan Account shall constitute an account stated between the Lender and the Dutch Borrower, absent manifest error, unless the Lender receives specific written objection thereto from a Dutch Borrower within sixty (60) Business Days after such statement or reconciliation shall have been sent by the Lender.

  • To the extent the outstanding aggregate amount of Dutch Revolving Loan Advances plus the amount of the Outstanding Letter of Credit Obligations of the Dutch Borrower exceeds the Dutch Revolving Credit Committed Amount as limited by the Dutch Borrowing Base and the Aggregate Revolving Loan Cap, the Dutch Borrower promises to pay such excess on demand.

  • For value received, the Dutch Borrower promises to pay to the order of the Lender, on the Dutch Revolving Credit Termination Date, the aggregate outstanding amount of all Dutch Revolving Loan Advances.

  • Borrower may select the initial Applicable Interest Rate or Applicable Interest Rates and Dollar Interest Periods applicable to the U.S. Revolving Loan and the U.S. Term Loan and the Dutch Borrower may select the initial Euro Interest Periods applicable to the Dutch Revolving Loan and the Dutch Term Loan.

Related to Dutch Revolving Loan

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).