Existing Revolving Advances definition

Existing Revolving Advances has the meaning specified in Section 2.1.

Existing Revolving Advances has the meaning as specified in Section 3.1(a) hereof.

Existing Revolving Advances is defined in Section 2.1(a)(i).

Examples of Existing Revolving Advances in a sentence

• Upon execution and delivery of this Agreement, the Existing Revolving Advances shall be deemed to be Revolving Advances made pursuant to Section 2.2 and repayable in accordance with the Revolving Note.

• To the extent the Revolving Note evidences the Existing Revolving Advances, the Revolving Note shall be issued in substitution for and replacement of but not in payment of the Old Credit Documents.

• As of April 15, 1998, the outstanding principal balance of the Existing Revolving Advances was $0.

• All Existing Revolving Advances shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.

• To the extent the Revolving Note evidences the Existing Revolving Advances, the Revolving Note shall be issued in substitution for and replacement of but not in payment of the Old Revolving Note.

• Upon execution and delivery of this Agreement, the Existing Revolving Advances shall be deemed to be Revolving Advances pursuant to Section 2.2.

• As of December 28, 2005, the outstanding principal balance of the Existing Revolving Advances to Heska was $8,545,126.50 and the outstanding principal balance of the Existing Revolving Advances to Diamond was $541,186.19.

• The Lender has made various advances to the Borrower (the "Existing Revolving Advances") as evidenced by the Old Credit Documents.

• To the extent this Note evidences an obligation to pay Existing Revolving Advances, this Note is issued in substitution for and replacement of but not in payment of the Old Revolving Note.

• Proceeds of the Facilities will be used to: (a) substitute and replace all Debt arising under the Prior Loan Agreement, including, without limitation, Existing Revolving Advances, Existing Term A Advances and Existing Term B Advances; (b) provide for the Borrower’s working capital and general corporate purposes; and (c) pay fees and expenses in connection with the negotiation, execution and delivery of this Agreement and all other matters related thereto.

More Definitions of Existing Revolving Advances

Existing Revolving Advances shall have the meaning set forth in Section 2.1(a) hereof.

Existing Revolving Advances means Revolving Advances made under (and as --------------------------- defined in) the Existing Agreement outstanding on the Amendment Effective Date.