RCF Loan definition

RCF Loan means a loan under the RCF Facility and “RCF Loans” means all of them as the context requires;
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RCF Loan each U.S. RCF Loan and each Canadian RCF Loan.
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RCF Loan each Extending U.S. RCF Loan, each Non-Extending U.S. RCF Loan, each Extending Canadian RCF Loan and each Non-Extending Canadian RCF Loan.
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Examples of RCF Loan in a sentence

  • The Borrower shall pay accrued interest on each RCF Loan on the last day of each RCF Interest Period.

  • The rate of interest on each RCF Loan for each RCF Interest Period is the Interest Rate.

  • The Borrower also promises to pay interest on the unpaid principal amount of each RCF Loan made by the Lender in like money at said office from the date hereof until paid at the rates and at the times provided in subsection 4.1 of the Agreement.

  • Finally, the Group will be required to maintain gearing (consolidated net debt/Core EBITDA, without taking into account the effects of IFRS 16), tested every six months and, for the first time, for the period ending December 31, 2022, less than or equal to 4.0x until maturity of the RCF Loan Agreement.

  • For this purpose, the Group has set up the €451 million RCF Loan Agreement(see Section 9.2.2(a) “ RCF Loan Agreement” of the Prospectus).

  • As a reminder, on February 22, 2022, the Group entered into the RCF Loan Agreement with a syndicate of international banks including BNP Paribas, Bank of America, JP Morgan, Crédit Agricole CIB, Société Générale, Deutsche Bank and Natixis (the “Lenders”).

  • If two or more RCF Interest Periods relate to RCF Loans end on the same date, those RCF Loans will be consolidated into, and treated as, a single RCF Loan on the last day of the RCF Interest Period.

  • During the year ended December 25, 2011, the Company paid approximately $148,000 in payments related to these copiers.

  • RCF Loan Agreement The purpose of the RCF Loan Agreement is to finance the Group’s general cash needs and its acquisitions.

  • The purpose of the RCF Loan Agreement is to fund the Group’s general cash requirements and/or acquisitions.


More Definitions of RCF Loan

RCF Loan means a loan made or to be made under the RCF or the principal amount outstanding for the time being of that loan.
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RCF Loan each U.S. RCF Loan and each Canadian RCF Loan (including any U.S. RCF Loan or Canadian RCF Loan made pursuant to any Canadian RCF Commitment Increase or any Extended Canadian RCF Commitment).
Sample 1

Related to RCF Loan

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Dollar Loan means a Loan denominated in Dollars.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Euro-Dollar Loan means a Committed Loan that bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • 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.

  • 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.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • 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.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

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

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

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

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • 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.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche B Loan has the meaning specified in Section 2.01(b).