Prior Revolving Loan definition

Prior Revolving Loan is defined in Recital A.
Sample 1Sample 2
Prior Revolving Loan means the Revolving Loan Agreement dated March 4, 2008 for the principal amount of US$750,000;
Sample 1
Prior Revolving Loan means the "Revolving Loan" under and as defined in the Prior Credit Agreement, the outstanding principal balance of which, as of the Effective Date and after giving effect to the consummation of the New Related Transactions, is $16,678,098.54.
Sample 1

Examples of Prior Revolving Loan in a sentence

  • Subject to the transition provisions of Section 3.17, and as contemplated by Section 8.1(a)(ix), the terms and provisions of this Agreement shall become effective and the Prior Revolving Loan Agreement shall terminate as of the Closing Date.

  • Subject to the transition provisions of Section 3.17, and as contemplated by Sections 8.1(a)(viii) and (a)(ix), the terms and provisions of this Agreement shall become effective, and the Prior Revolving Loan Agreement and the 2000 Term Loan Agreement shall terminate, as of the Closing Date.

  • This Agreement establishes a new credit facility replacing that certain 2000 Revolving Loan Agreement dated as of October 3, 2000 (as amended, the "Prior Revolving Loan Agreement") by and among Borrower, the banks named therein, Bank of America, N.A., as administrative agent, and various other banks in various agent capacities and the 2000 Term Loan Agreement dated as of October 3, 2000 (as amended, the "2000 Term Loan Agreement") by and among Borrower, the banks named therein, and Bank of America, N.

  • The Revolving Loans under this Agreement are a continuation, on amended terms, of the "Revolving Loan" extended to the Company by Bank One under the Original Agreement (the "Prior Revolving Loan") and the Company affirms, acknowledges and agrees that the outstanding principal balance of the Prior Revolving Loan as of the Closing Date is $25,055,585.19, being the unpaid principal amount of the Prior Revolving Loan immediately prior to the execution of this Agreement.

  • Any items required to be delivered under this Agreement which may have been delivered under the Prior Revolving Loan Agreement prior to the Closing Date hereof will be deemed delivered for all purposes under this Agreement.

  • The parties hereto agree that as of the Closing Date all commitments to extend credit under the Prior Revolving Loan Agreement shall terminate.

  • The Revolving Loan under this Agreement is a continuation, on amended terms, of the "Revolving Loan" extended to the Company by the Bank under the Original Agreement (the "PRIOR REVOLVING LOAN") and the Company affirms, acknowledges and agrees that the principal balance of the Prior Revolving Loan as of the Closing Date is $17,200,337.71, and that, accordingly, the initial unpaid principal balance of the Revolving Loan on the Closing Date is also such amount.

  • Waiver of Notice Period for Termination of the Prior Revolving Loan Agreement 47 SCHEDULES: Schedule 1 Lenders, Commitments and Addressees Schedule 2 Form of Note Schedule 2.01(j) Environmental Matters Schedule 3 Form of Opinion of Company's Counsel EXHIBITS: Exhibit A Form of Assignment and Acceptance Exhibit B Form of Guarantee Agreement CREDIT AGREEMENT dated as of March 28, 2002, among BOISE CASCADE CORPORATION, a Delaware corporation having its principal office at 0000 X.

  • The Revolving Note amends, and as so amended, restates and replaces the promissory note executed and delivered by the Company to the Bank pursuant to the Original Credit Agreement to evidence the Prior Revolving Loan.

  • This Agreement amends and restates (and the Borrower expressly states that it does not constitute an extinguishment or novation of) the Prior Loan Agreement, the Prior Revolving Loan, the Prior Term Loan, the Prior Revolving Note and the Prior Term Note.


More Definitions of Prior Revolving Loan

Prior Revolving Loan is defined in the preamble of this Agreement.
Sample 1
Prior Revolving Loan has the meaning provided in Section 2.1(a).
Sample 1

Related to Prior Revolving Loan

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

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

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

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

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

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • New Revolving Loans as defined in Section 2.25.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

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

  • LIBOR Revolver Loan a Revolver Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.

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

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

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

  • 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.

  • 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

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

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

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

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

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

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • 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.