Foreign Revolving Loan definition

Foreign Revolving Loan means Loans made by a Lender in respect of its Foreign Revolving Commitment to the Foreign Borrower pursuant to Section 2.02(b) and/or Section 2.24.
Foreign Revolving Loan has the meaning provided in Section 2.01(d).
Foreign Revolving Loan means a Loan granted to a Foreign Borrower by the Lenders in accordance with Section 2.2(a) hereof.

Examples of Foreign Revolving Loan in a sentence

  • Each Lender shall make the amount of its Foreign Revolving Loan available to the Administrative Agent not later than 12:00 p.m. (London, England time) on the applicable Credit Date by wire transfer of same day funds in the requested Approved Currency, at the Principal Office designated by the Administrative Agent.

  • Each Lender shall make the amount of its Foreign Revolving Loan available to the Administrative Agent not later than 12:00 p.m. (London, England time) on the applicable Credit Date by wire transfer of same day funds in Euros or the requested Foreign Currency, at the Principal Office designated by the Administrative Agent.

  • Each Lender shall make the amount of its Revolving Loan available to the Administrative Agent in Same Day Funds at the Administrative Agent’s Office for the applicable currency not later than 1:00 p.m., in the case of any Domestic Revolving Loan, and not later than the Applicable Time specified by the Administrative Agent in the case of any Foreign Revolving Loan, in each case on the Business Day specified in the applicable Revolving Loan Notice.

  • Each reduction of the Total Foreign Revolving Loan Commitment pursuant to this Section 3.03(e) shall apply to proportionally and permanently reduce the Foreign Revolving Loan Commitment of each FRL Bank.

  • All payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in the currency in which such Foreign Revolving Loan is denominated and in Same Day Funds at the Administrative Agent’s Office for such currency.

  • All Borrowings of DM Term Loans, Dollar ------------------- Revolving Loans and Foreign Revolving Loans under this Agreement shall be made by the Banks pro rata on the basis of their DM Term Loan Commitments, Dollar --- ---- Revolving Loan Commitments or Foreign Revolving Loan Commitments, as the case may be.

  • Upon such payment by a Foreign Revolving Credit Lender, such Foreign Revolving Credit Lender shall, except as provided in paragraph (3) below, be deemed to have made a Foreign Revolving Loan to the applicable Foreign Borrower.

  • Accrued Foreign Facing Fees shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December of each year and on the first day on or after the termination of the Total Foreign Revolving Loan Commitment upon which no Foreign Letters of Credit remain outstanding.

  • The Borrower promises to pay interest on the unpaid principal amount of each Foreign Revolving Loan from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Credit Agreement.

  • Accrued FRL Commitment Fees shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December and the date upon which the Total Foreign Revolving Loan Commitment is terminated.


More Definitions of Foreign Revolving Loan

Foreign Revolving Loan means Loans made by a Lender in respect of its Foreign Revolving Commitment to the Foreign Borrowerpursuant to Section 2.02(b) and/or Section 2.24.
Foreign Revolving Loan is defined in clause (c) of Section 2.1.2.
Foreign Revolving Loan means any Revolving Loan made to any Foreign ---------------------- Borrower. "Fronting Bank(s)" shall mean individually and collectively, the European ---------------- Fronting Bank and the UK Fronting Bank.
Foreign Revolving Loan has the meaning specified in Section 2.1(a)(ii) (REVOLVING CREDIT COMMITMENTS).

Related to Foreign Revolving Loan

  • 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.

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

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

  • 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.

  • 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.

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

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

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

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

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

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

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

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

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

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

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

  • 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.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

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