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 the Lenders pursuant to Section 2.01(b).
Sample 1Sample 2
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 ClosingAmendment No. 1 Effective Date is $1,200,000,000.1,215,000,000.
Sample 1
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

Examples of Revolver Borrowing in a sentence

  • Vendor certifies that it shall disclose any lobbying with non‐federal funds that takes place in connection with obtaining any federal award by completing and submitting Standard Form LLL.

  • Capital ResourcesThe following table summarizes the unrestricted cash and cash equivalents and available revolver borrowing capacity of Wynn Resorts’ Macau Operations as of March 31, 2020: Total Cash and Cash Equivalents Revolver Borrowing Capacity(U.S. dollars in thousands)Wynn Resorts (Macau) S.A. and subsidiaries .

  • Net Debt & Liquidity Profile As Of 09/30/21Select Corporate Profile2 Listing and Ticker SymbolNYSE: WTTRRecent Share Price$6.80Market Capitalization~$751MMEnterprise Value~$665MMTotal Outstanding Shares3110.4MMAverage Daily Trading Volume (last 90 days) 389,962HeadquartersHouston, TXCash $ 107.4Bank Debt -Total DebtCapital Leases 0.2 Liquidity:Cash $ 107.4Plus: Revolver Borrowing Base1 140.4Less: Outstanding Borrowings -Less: Outstanding Letters of Credit (15.6)Total Liquidity $ 232.3 1.

  • Capital ResourcesThe following table summarizes the unrestricted cash and cash equivalents and available revolver borrowing capacity of Wynn Resorts’ Macau Operations as of September 30, 2020: Total Cash and Cash Equivalents Revolver Borrowing Capacity(U.S. dollars in thousands)Wynn Resorts (Macau) S.A. and subsidiaries ......................

  • This decay in accounts receivable had an extremely negative effect on the Revolver Borrowing Base Formula and the Debtor subsequently found its borrowing availability under its line of credit contracting rapidly5.

  • In the event that a Notice of Borrowing fails to specify whether the Advances comprising a Revolver Borrowing are to be Base Rate Advances or Euro-Dollar Advances, such Advances shall be made as Euro-Dollar Advances.

  • If for any reason a Swing Borrowing cannot be refinanced by such a Revolver Borrowing on such fifth Domestic Business Day, then each Lender other than Swing Line Lender shall purchase a participating interest in such Swing Advances in an amount equal to its ratable share (based upon its respective Revolver Commitment) of such Swing Advances.

  • Each Reducing Revolver Borrowing under this Section 2.01(c) shall be in an aggregate principal amount of $500,000 or any larger multiple of $100,000 (except that any such Reducing Revolver Borrowing may be in the aggregate amount of the Total Unused Reducing Revolver Commitments) and shall be made from the several Lenders ratably in proportion to their respective Reducing RevolverCommitments.

  • Unless the Administrative Agent determines that any applicable condition specified in Article III has not been satisfied: (1) in the case of a Revolver Borrowing or a Reducing Revolver Borrowing, the Administrative Agent will disburse the funds so received from the Lenders to the Borrower; and (2) in the case of a Swing Line Borrowing, BB&T will make available to the Borrower the amount of any such Swing Line Borrowing.

  • Each such optional prepayment of a Revolver Borrowing shall be applied first to any Swing Advances outstanding, and then to prepay ratably the Revolver Advances of the several Lenders included in such Revolver Borrowing.


More Definitions of Revolver Borrowing

Revolver Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar RateTerm SOFR 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 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

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

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • 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.

  • 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 Revolving Credit Borrowing.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

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

  • 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.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • 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).