Refunding Loans definition

Refunding Loans has the meaning set forth in Section 2.03(c)(i).
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Refunding Loans is defined in clause (b)(ii) of Section 2.4.
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Refunding Loans means the Refunding Loans made to the Lender by the Liquidity Lenders pursuant to Section 3.03(a) of the Liquidity Agreement.
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Examples of Refunding Loans in a sentence

  • Any such Base Rate Refunding Loans shall be advanced as, and shall continue as, a Base Rate Loan unless and until the Borrower Converts such Base Rate Loan in accordance with the terms of Section 2.12.

  • Each Advance under the Revolving Credit Facility, other than Base Rate Refunding Loans, shall be in an amount of at least $5,000,000, and, if greater than $5,000,000, an integral multiple of $1,000,000.

  • Each Loan hereunder, other than Base Rate Refunding Loans, and each conversion under SECTION 2.7, shall be in an amount of at least $100,000, and, if greater than $100,000, an integral multiple of $100,000.

  • Each Advance under the Revolving Credit Facility, other than Base Rate Refunding Loans, shall be in an amount of at least $1,000,000, and, if greater than $1,000,000, an integral multiple of $1,000,000.

  • Each Borrowing (excluding any Borrowing that consists solely of Refunding Loans) hereunder shall be deemed to be a representation and warranty by the Borrower on the date thereof that the conditions precedent set forth in clauses (b), (c) and (d) above have been satisfied.

  • Nothing in the preceding sentence shall obligate, or be deemed to obligate, any of the Lenders to make any Loans at all during the existence of an Event of Default, other than (i) Refunding Loans in the event that the Obligations have not been accelerated pursuant to SECTION 6.01, and (ii) advances on any Settlement Date of a Lender's Commitment Percentage of Settlement Loans or Overadvance Loans made prior to the termination of the Commitments pursuant to SECTION 6.01.

  • Each Advance under the Revolving Credit Facility, other than Base Rate Refunding Loans, shall be in an amount of at least $500,000, and, if greater than $500,000, an integral multiple of $100,000.

  • Each Borrowing hereunder, other than a Borrowing which consists solely of Refunding Loans, shall be deemed to be a representation and warranty by the relevant Borrower on the date of such Borrowing as to the truth and accuracy of the facts specified in clauses (b), (c) and (d) of this Section, except to the extent they relate to a particular date only.

  • Each Domestic Liquidity Lender listed on Schedule A-3 and each Foreign Liquidity Branch listed on Schedule A-6 has the power and authority under the Banking Law of the State of New York to enter into the Liquidity Agreement and to make Refunding Loans thereunder.

  • The Borrower hereby irrevocably authorizes the Agent to charge the Loan Account for the purpose of paying all amounts from time to time due which are not otherwise paid when due hereunder (including Non-Ratable Loans and Agent Advances) and agrees that all such amounts charged shall constitute Base Rate Refunding Loans.


More Definitions of Refunding Loans

Refunding Loans means a new Revolving Loan made on the day on which an outstanding Revolving Loan is maturing or a Base Rate Advance is being converted to a Fixed Rate Advance, if and to the extent that the proceeds thereof are used for the purpose of paying such maturing Loan or Loan being converted, excluding any difference between the amount of such maturing Loan or Loan being converted and any greater amount being borrowed on such day and actually either being made available to the Borrower pursuant to Section 2.8(c) or remitted to the Agent as provided in Section 2.3, in each case as contemplated in Section 2.8(d).
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Refunding Loans means the Refunding Loans made to the Company by GECC pursuant to Section 3.01(c) of the Liquidity Agreement. "Repurchased Receivable" shall mean any Receivable which is repurchased by the Seller pursuant to Section 3.05 hereof.
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Refunding Loans is defined in Section 3.2(a) of the Backup Facility Agreement.
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Related to Refunding Loans

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Revolving Loans as defined in Section 2.4(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Refinancing Loan has the meaning specified in Section 2.15(b).

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

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

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

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

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • New Revolving Loans as defined in Section 2.25.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • 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.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

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

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

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.