General Revolving Loan definition

General Revolving Loan shall have the meaning provided in section 2.1(a).
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General Revolving Loan means a Loan made pursuant to Section 2.01(a) which is not a Working Capital Revolving Loan.
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General Revolving Loan means a loan granted to Borrower by the General Revolving Lenders in accordance with Section 2.1(a)(i) hereof.
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Examples of General Revolving Loan in a sentence

  • Each such Lender shall make the amount of such General Revolving Loan available to the Administrative Agent in immediately available funds at the Payment Office not later than 2:00 P.M. (local time at the Payment Office), if such notice is received by such Lender prior to 11:00 A.M. (local time at its Domestic Lending Office), or not later than 2:00 P.M. (local time at the Payment Office) on the next Business Day, if such notice is received by such Lender after such time.

  • The Borrower promises also to pay interest on the unpaid principal amount of each General Revolving Loan made by the Lender to the Borrower in like money at said office from the date hereof until paid at the rates and at the times provided in section 2.8 of the Agreement.

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  • For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "General Revolving Loan") or by Type (e.g., a "Eurodollar Loan").

  • During such periods as a General Revolving Loan or a Swing Line Revolving Loan is a Prime Rate Loan, the unpaid principal amount thereof shall bear interest at a fluctuating rate per annum that shall at all times be equal to the Prime Rate in effect from time to time plus the Applicable Prime Rate Margin (as defined below) in effect from time to time.

  • During such periods as a General Revolving Loan is a Eurodollar Loan, the unpaid principal amount thereof shall bear interest at a rate per annum that shall at all times during any Interest Period applicable thereto be the Applicable Eurodollar Margin (as defined below) for such Eurodollar Loan plus the relevant Eurodollar Rate for such Interest Period.

  • No General Revolving Loan may be converted to or from an Alternate Currency Loan.

  • A consistent approach to capital items could be considered as part of developing a standard village contract.

  • The General Demand Note shall be executed and delivered to the Bank before or concurrently with the Bank's disbursement of the first General Revolving Loan.

  • Such General Revolving Loan shall be evidenced by the General Revolving Notes.


More Definitions of General Revolving Loan

General Revolving Loan has the meaning given it in Subsection 2.1a.
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General Revolving Loan has the meaning assigned to such term in Section 2.01(b).
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General Revolving Loan means a Loan other than a Distribution Loan. "GROUP" means the Guarantor and the Borrower and their respective Affiliates and associated companies.
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General Revolving Loan means a Loan other than a Distribution Loan.
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General Revolving Loan shall have the meaning provided in section 2.1(a). "GENERAL REVOLVING MATURITY DATE" shall mean September 7, 2006, subject in any case to earlier termination as provided in this Agreement.
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General Revolving Loan means any Revolving Credit Loan not designated by the Borrower as a Distribution Loan.
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Related to General Revolving Loan

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

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

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

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

  • 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.

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

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

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

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

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

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

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

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

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

  • New Revolving Loans as defined in Section 2.25.

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

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

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

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

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

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

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