Examples of Outstanding Revolving Loans in a sentence
According to Salet et al (2003, p.389, in Healey, 2007) “the metropolitan arena is filled with public and private actors at manifold levels of spatial scale and they are active in all sectors of urban policy.
Upon the effective date of any such reduction, Borrower shall pay to Agent for the respective accounts of Lenders the amount, if any, by which the then Outstanding Revolving Loans exceed the Revolving Commitments of all Lenders as so reduced and the full amount of the Facility Fee under §2.4 then accrued on the amount of the reduction.
If at any time the Outstanding Revolving Credit --------- exceeds the aggregate Revolving Commitments or the Prepayment Borrowing Base, the Borrower shall, within one (1) Business Day after the occurrence thereof, prepay outstanding Swingline Advances (first) and the Outstanding Revolving Loans by the amount of the excess, such prepayments of Outstanding Revolving Loans to be applied first to Base Rate Accounts and thereafter to LIBOR Accounts with the shortest remaining Interest Periods.
Each Revolving Loan Request shall be (a) for a Base Rate Loan in a minimum aggregate amount of $250,000 or an integral multiple of $50,000 in excess thereof; or (b) for a LIBOR Rate Loan in a minimum aggregate amount of $500,000 or an integral multiple of $50,000 in excess thereof; provided, however, that there shall be no more than six (6) unique Interest Periods for Outstanding Revolving Loans that are LIBOR Rate Loans at any one time.
Upon the effective date of such termination, Borrower shall pay in full the principal and interest on the Outstanding Revolving Loans, if any, without penalty except as otherwise set forth in §4.8, and pay the full amount of the Facility Fee under §2.4 then accrued, whereupon this Agreement shall terminate and the obligations of the parties hereto shall terminate except for such obligations that survive termination of this Agreement as specifically provided herein.
Borrower agrees to pay to Agent for the account of the Lenders in accordance with their respective Percentages an unused facility fee (the “Facility Fee”) calculated at the rate of one-half of one percent (0.50%) per annum on the average daily amount by which the aggregate Revolving Commitments from time to time exceed the Outstanding Revolving Loans and LC Obligations during each fiscal quarter or portion thereof commencing on the Closing Date and ending on the Maturity Date.
Outstanding Revolving Loans are payable in full thirty days before the maturity date of the Term Loan.The Equipment-based Facility is secured by all of the Company's personal property except accounts receivable, including all of its construction equipment, which forms the basis of availability under the Revolving Loan.
Any Outstanding Revolving Loans shall be deemed to constitute an initial Revolving Loan on the Second Restatement Closing Date and thereupon, the Revolving Lenders shall purchase and sell outstanding Revolving Loans among themselves such that after giving effect to such sales, the Revolving Loans held by each Revolving Lender equals its Applicable Percentage for Revolving Loans.
Any Outstanding Revolving Loans shall be deemed to constitute an initial Revolving Loan onthe Second Restatement Closing Date and thereupon, the Revolving Lenders shall purchase and sell outstanding Revolving Loans among themselves such that after giving effect to such sales, the Revolving Loans held by each Revolving Lender equals its Applicable Percentage for Revolving Loans.
The budgets and contracts were finalized with all 20 teams.• Most of the activities conducted by the district and provinces teams during the reporting period have been described elsewhere in this report.