MC Loans definition

MC Loans means MC Committed Loans and MC Swing Line Loans.
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MC Loans means MC Revolving Loans and MC Swingline Loans.
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MC Loans means MC Committed Loans and MC Swing Line Loans. “Moody’s” means Moody’s Investors Service, Inc.
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Examples of MC Loans in a sentence

  • Each MC Bank acknowledges and agrees that its obligation to acquire participating interests in Swingline MC Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by anycircumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the MCCommitments or the Aggregate MC Commitment, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever.

  • Notwithstanding anything to the contrary contained herein, if at any time Bank of America assigns all of its MC Commitment and MC Loans pursuant tosubsection (b) above, Bank of America may, upon 30 days’ notice to the Borrower and the Lenders, resign as Several L/C Agent and/or Fronting Bank.

  • Each Bank shall comply with its obligation under this Section in the same manner asprovided in Section 4.1 with respect to MC Loans made by such MC Bank (and Section 4.2 shall apply, mutatis mutandis, to the payment obligations of the MC Banks), and the Administrative Agent shall promptly pay to such MC Swingline Bank the amounts so received by it from the MC Banks.

Related to MC Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • New Revolving Loans as defined in Section 2.25.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loans as defined in Section 2.1.

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

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

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

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • 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.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

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