German Protective Advances definition

German Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.
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German Protective Advances the European Revolving Loans described in this Section 2.01(3)(v), “Spanish Protective Advances” and the European Revolving Loans described in this Section 2.01(3)(vi), “U.K. Protective Advances”); provided that (i) with respect to U.S. Protective Advances, in no event will the U.S. Revolving Facility Credit Exposure and the Canadian Borrower Revolving Facility Credit Exposure exceed the aggregate U.S./Canadian Revolving Facility Commitments, (ii) with respect to Canadian Protective Advances, in no event will the Canadian Borrower Revolving Facility Credit Exposure and the U.S. Revolving Facility Credit Exposure exceed the aggregate U.S./Canadian Revolving Facility Commitments, (iii) with respect to French Protective Advances, in no event will the French Revolving Facility Credit Exposure exceed the aggregate French Revolving Facility Commitments, (iv) with respect to German Protective Advances, in no event will the German Revolving Facility Credit Exposure, the Spanish Revolving Facility Credit Exposure and the U.K. Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments, (v) with respect to Spanish Protective Advances, in no event will the Spanish Revolving Facility Credit Exposure, the German Revolving Facility Credit Exposure and the U.K. Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments and (vi) with respect to U.K. Protective Advances, in no event will the U.K. Revolving Facility Credit Exposure, the Spanish Revolving Facility Credit Exposure and the German Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments and (vii) the Required Lenders under the Revolving Facility may at any time revoke the Administrative Agent’s authorization to make future Protective Advances; provided, further, that any such revocation must be in writing and will become effective prospectively upon the Administrative Agent’s receipt thereof and existing Protective Advances will not be subject to thereto. Each applicable Revolving Lender will be obligated to advance to the Borrowers its applicable Revolving Facility Percentage of each Protective Advance made in accordance with this Section 2.01(3). If Protective Advances are made in accordance with the preceding sentence, then all Revolving Lenders will be bound to make, or permit to remain outstanding, such Protective Advances based upon their applicable Revolving Facility Percentages in accordance w...
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Examples of German Protective Advances in a sentence

  • As the GIRAV project will involve civil works, there will be different on-site risks and hazards.

Related to German Protective Advances

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Protective Advance has the meaning assigned to such term in Section 2.04.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Administrative Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • 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.

  • Revolving Loans as defined in Section 2.4(a).

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

  • Swingline Loans as defined in Section 2.6.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

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

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

  • Swing Line Loans as defined in Section 2.6.

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

  • Revolving Advances means Advances made other than Letters of Credit.

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

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

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

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • 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.

  • 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 Loans as defined in Section 2.25.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.