Revolver Borrowing definition

Revolver Borrowing means a borrowing or continuation or conversion of loans consisting of simultaneous Revolver Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01(a).
Sample 1Sample 2
Revolver Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.
Sample 1Sample 2Sample 3
Revolver Borrowing means a borrowing consisting of simultaneous U.S. Revolver Loans of the same Type and, in the case of U.S. LIBOR Loans, having the same Interest Period made by each of the U.S. Revolver Lenders pursuant to Section 2.1. U.S. Revolver Commitment – means at any date for any U.S. Revolver Lender, its obligation (a) to make U.S. Revolver Loans to U.S. Borrowers pursuant to Section 2.1.1, (b) to purchase participations in U.S. L/C Obligations, (c) to purchase participations in U.S. Swing Line Loans and (d) to purchase participations in Agent Advances, in an aggregate principal amount at any one time outstanding not to exceed the amount in U.S. Dollars set forth opposite such Lender’s name on Schedule 1 under the caption “U.S. Revolver Commitment” or opposite such caption in the Assignment and Acceptance pursuant to which that Lender becomes party hereto, as applicable, as such amount in U.S. Dollars may be adjusted from time to time in accordance with this Agreement. The aggregate U.S. Revolver Commitment on the Closing Date is $1,200,000,000.
Sample 1

Examples of Revolver Borrowing in a sentence

  • The Lead Borrower shall provide the Revolver Extension Request or Term Loan Extension Request (as applicable) at least five (5) Business Days (or such shorter period as may be reasonably agreed by the Administrative Agent) prior to the date on which Lenders under the Existing Term Loan Borrowing or Existing Revolver Borrowing, as applicable, are requested to respond.


More Definitions of Revolver Borrowing

Revolver Borrowing means any amount disbursed to or on behalf of the Borrower by one or more Lenders under Section 2.1 pursuant to the procedures specified in Section 2.2, whether as an original disbursement of funds or as a renewal, extension or continuation of an amount outstanding.
Sample 1Sample 2
Revolver Borrowing means a borrowing of Revolving Loans under Section 2.01 of the Revolving Credit Agreement.
Sample 1Sample 2
Revolver Borrowing means a Borrowing of the type described in clause (i) of the definition of such term.
Sample 1

Related to Revolver Borrowing

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Committed Borrowing.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Base Rate Borrowing means a Borrowing consisting of Base Rate Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

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

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • 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.