Notice of Revolving Loan Conversion definition

Notice of Revolving Loan Conversion shall have the meaning given to that term in Section 2.01(d).
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Notice of Revolving Loan Conversion means a request by the Borrower for a conversion of a Revolving Loan Borrowing in accordance with Section 2.2(c) of the Loan Agreement.
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Notice of Revolving Loan Conversion as defined in Section 2.8(a).
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Examples of Notice of Revolving Loan Conversion in a sentence

  • The Administrative Agent shall promptly notify each Lender of the contents of each Notice of Revolving Loan Conversion.

  • Upon receipt of a Notice of Revolving Loan Conversion, the Administrative Agent shall promptly notify each relevant Lender thereof.

  • Each Notice of Revolving Loan Conversion shall be delivered by first-class mail or facsimile to Agent at the office or to the facsimile number and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Agent the original of any Notice of Revolving Loan Conversion initially delivered by facsimile.

  • The Borrower shall give each Notice of Revolving Loan Conversion to the Administrative Agent not later than 10:00 a.m. at least three (3) Business Days before the date of the requested conversion.

  • Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Conversion of the contents thereof and of the amount and Type of each Revolving Loan to be converted by such Bank as part of the requested Revolving Loan Conversion.

  • Agent shall promptly notify each Lender of the contents of each Notice of Revolving Loan Conversion.

  • Each Notice of Revolving Loan Conversion must be received by the Revolving Loan Lender (with a copy thereof to the Administrative Agent) not later than 11:00 a.m., New York City time, three (3) Business Days before the date of the requested conversion (one (1) Business Day before the date of conversion, in the case of a conversion to a Base Rate Revolving Loan).

  • Borrower shall give each Notice of Revolving Loan Conversion to Administrative Agent at least three (3) Business Days before the date of the requested conversion in the case of a conversion into Revolving LIBOR Loans and at least one (1) Business Day before the date of the requested conversion in the case of a conversion into Revolving Prime Rate Loans.

  • Agent shall promptly notify each Bank of the contents of each Notice of Revolving Loan Conversion.

  • The Borrowers shall give each Notice of Revolving Loan Conversion to the Administrative Agent not later than 11:00 a.m. at least three (3) Business Days before the date of the requested conversion.


More Definitions of Notice of Revolving Loan Conversion

Notice of Revolving Loan Conversion shall have the meaning given to that term in SUBPARAGRAPH 2.01(d).
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Notice of Revolving Loan Conversion means the notice delivered pursuant to Section 2.3(d) in the form set forth in Exhibit C.
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Related to Notice of Revolving Loan Conversion

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

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

  • Borrowing Notice is defined in Section 2.8.

  • Specified Existing Revolving Credit Commitment 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).

  • 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.

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

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Schedule 3.2, as required by Section 3.2.

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

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

  • 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).

  • Term Loan Election has the meaning specified in Section 2.06.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.