New Revolving Facility Loan definition

New Revolving Facility Loan has the meaning ascribed to such term pursuant to Clause 6.1 (Repayment and roll-over of Revolving Facility Loans).
New Revolving Facility Loan means a Loan made by a New Revolving Facility Lender pursuant to Section 2.01 or an Additional New Revolving Facility Lender pursuant to Section 2.21. Each New Revolving Facility Loan shall be a Eurocurrency Loan or an ABR Loan.

Examples of New Revolving Facility Loan in a sentence

  • Deutsche Bank shall notify the Administrative Agent and the Lenders promptly upon receipt of the Borrowers’ notice of each Increased Amount Date and in respect thereof (y) the New Revolving Facility Loan Commitments and the New Revolving Facility Loan Lenders, and (z) in the case of each notice to any Revolving Facility Loan Lender, the respective interests in such Revolving Facility Loan Lender’s Revolving Facility Loans, in each case subject to the assignments contemplated by this Section.

  • Such New Revolving Facility Loan Commitments shall become effective, as of such Increased Amount Date; provided that the New Revolving Facility Loan Commitments shall be effected pursuant to one or more Joinder Agreements executed and delivered by the Borrowers or the New Revolving Facility Loan Lender and Administrative Agent, and each of which shall be recorded in the Register.

  • Upon execution and delivery hereof, Administrative Agent will record the New Revolving Loans made by New Revolving Facility Loan Lenders in the Register.

  • Each New Revolving Facility Loan Lender acknowledges and agrees that upon its execution of this Agreement that such New Revolving Facility Loan Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Related to New Revolving Facility Loan

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

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

  • New Revolving Loans as defined in Section 2.25.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

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

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

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • 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 Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

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

  • 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

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

  • Additional Revolving Facility means any revolving credit facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(ii).

  • 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).