Revolver Loans definition

Revolver Loans has the meaning set forth in Section 2.01(b) hereof. A Revolver Loan is a Committed Loan.
Revolver Loans means a loan made pursuant to Section 2.01, including, without duplication, any Swingline Loan (to the extent the context so requires the same), Overadvance Loan, Extended Revolver Loan, Loan made pursuant to an Incremental Revolver Facility and Revolver Loan under any Replacement Revolver Facility.
Revolver Loans means an advance or advances under the Revolver Loan Commitment.

Examples of Revolver Loans in a sentence

  • The Revolver Loans may be repaid and reborrowed as provided herein.

  • Revolver Loans may be prepaid from time to time, without penalty or premium.

  • Revolver Loans shall be due and payable in full on the Revolver Termination Date, unless payment is sooner required hereunder.

  • The proceeds of such Revolver Loans shall be disbursed as direct payment of the relevant Obligation.

  • The Revolver Loans made by each Lender and interest accruing thereon shall be evidenced by the records of Agent and such Lender.


More Definitions of Revolver Loans

Revolver Loans has the meaning assigned to such term in subsection 2.1(a).
Revolver Loans as defined in the Prior Credit Agreement shall be considered Revolver Loans as defined herein and the Lenders party hereto shall, on the Closing Date, make such allocations among the Lenders as is necessary so that any outstanding Loans are held by the Lenders in accordance with each such Lender’s Applicable Percentage. Notwithstanding anything to the contrary contained herein, it is understood and agreed that the Borrowers, in coordination with the Administrative Agent, shall elect, on or prior to the Closing Date, that any “WC Loans” or “Revolver Loans” outstanding under the Prior Credit Agreement on the Closing Date which are “Eurocurrency Rate Loans” (as defined under the Prior Credit Agreement) (each, a “Converted Loan”) be converted to WC Loans and Revolver Loans, as applicable, hereunder bearing interest by reference to the applicable rate having an Interest Period that is the same as the Interest Period relating to the Converted Loans that are converted into the WC Loans and Revolver Loans, as applicable, regardless of whether the Closing Date is the last day of the Interest Period relating to such Converted Loans. As soon as reasonably practicable after its receipt of any Note requested by a Lender hereunder on the Closing Date, to the extent such Lender was a party to the Prior Credit Agreement and had a promissory note issued to such Lender under the terms of the Prior Credit Agreement, such Lender will promptly return to the Borrowers, marked “Substituted” or “Cancelled”, as the case may be, any promissory notes of the Borrowers held by such Lender pursuant to the Prior Credit Agreement.
Revolver Loans shall have the meaning set forth in Section 2.01.
Revolver Loans means the Revolver Loans available to the Borrowers under the New Bank Agreement.
Revolver Loans means an advance or advances under the Revolver Loan Commitment, including any Swingline Loan or Swingline Loans under the Swingline Loan Commitment.
Revolver Loans upon Borrower's request from time to time during the Commitment Period, provided that (i) subject to Sections 3.3, 3.4 and 3.6, all Lenders are requested to make Loans of the same Type in accordance with their respective Revolver Percentages and as part of the same Borrowing, and (ii) after giving effect to such Revolver Loans, the Revolver Facility Usage does not exceed the Revolver Commitment. The aggregate amount of all Revolver Loans in any Borrowing must be equal to $500,000 or any higher integral multiple of $100,000. Borrower may have no more than five (5) Borrowings of Eurodollar Loans that are Revolver Loans outstanding at any time. The obligation of Borrower to repay to each Lender the aggregate amount of all Revolver Loans made by such Lender, together with interest accruing in connection therewith, shall be evidenced by a single promissory note (herein called such Lender's "Revolver Note") made by Borrower payable to the order of such Lender in the form of Exhibit A-1 with appropriate insertions. The amount of principal owing on any Lender's Revolver Note at any given time shall be the aggregate amount of all Revolver Loans theretofore made by such Lender minus all payments of principal theretofore received by such Lender on such Revolver Note. Interest on each Revolver Note shall accrue and be due and payable as provided herein and therein. Each Revolver Note shall be due and payable as provided herein and therein, and shall be due and payable in full on the last day of the Commitment Period. Subject to the terms and conditions of this Agreement, Borrower may borrow, repay, and reborrow under this Section 2.1(a).
Revolver Loans. The “Loans” as defined in the Existing Credit Agreement.