Revolver Period definition

Revolver Period means the period of time from the Closing Date until July 10, 1998, unless extended by Lenders in accordance with Section 2.8. hereof.
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Revolver Period shall have the meaning assigned to such term in Section 2.01.
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Revolver Period. Stabilized Properties", and "Total Liabilities" , and by inserting in lieu thereof the following definitions:
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Examples of Revolver Period in a sentence

  • During the Minimum Revolver Period, Borrowers shall maintain an Outstanding Amount of Revolving Loans in a minimum principal amount equal to the Minimum Revolving Outstanding Amount at all times.

  • During the Minimum Revolver Period, Borrowers shall not be permitted to voluntarily prepay the Revolving Loans if any such prepayment would result in the Outstanding Amount of the Revolving Loans being less than the Minimum Revolving Outstanding Amount.

  • Subject to the terms and conditions set forth in this Credit Agreement, the Borrower may borrow, repay and reborrow Revolving Credit Loans from time to time during the Revolver Period upon notice by the Borrower to the Administrative Agent given in accordance with §2.2 hereof.

  • This Security is one of a series designated as the 6.400% Senior Notes due 2030 of the Partnership, in an initial aggregate principal amount of $1,000,000,000 (the “Securities”).

  • During the Revolver Period, the Borrower agrees to pay to the Administrative Agent for the accounts of the Lenders in accordance with their respective Commitment Percentages a facility fee (the “Facility Fee”), which shall be calculated for each day at a per annum rate as set forth in the definition of Applicable Margin with respect to the Facility Fee in effect at such time on the Total Commitment.

  • Subject to the terms and conditions set forth in this Credit Agreement, the Borrower may borrow, repay and reborrow Revolving Credit Loans from time to time during the Revolver Period upon notice by the Borrower to the Agent given in accordance with Section 2.2 hereof.

  • Subject to the terms and conditions set forth in this Credit Agreement, the Borrower may borrow, repay and reborrow Syndicated Loans from time to time during the Revolver Period upon notice by the Borrower to the Administrative Agent given in accordance with §2.2 hereof.

  • During the Revolver Period, the Borrower agrees to pay to the Agent for the accounts of the Banks in accordance with their respective Commitment Percentages (except to the extent otherwise provided below) a facility fee (the "FACILITY FEE"), which shall be calculated for each day at a per annum rate as set forth in the definition of Applicable Margin with respect to the Facility Fee in effect at such time on the Total Commitment.

  • In addition to the Syndicated Loans permitted to be made hereunder pursuant to §2.1 hereof, the Borrower may, from time to time during the Revolver Period pursuant to the terms of this §2.3, cause the Administrative Agent to request the Lenders to make offers to fund Competitive Bid Loans to the Borrower from time to time prior to the Maturity Date.

  • If any Lender does not elect to extend the Revolver Period, the Term-Out Period shall commence.


More Definitions of Revolver Period

Revolver Period means the period from the date hereof until March 31, 1999 or such earlier date on which the commitment of the Banks to make revolving credit available to the Borrower is terminated pursuant to the Bank Agreement.
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Revolver Period. ; "Revolving Credit Termination Date". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted. B. The following definitions are hereby deleted in their entirety and replaced with the following respective definitions: (a) "Allocated Loan Amount" shall mean, in respect of any Property, the amount set forth for such Property on Exhibit A attached hereto. (b) "Applicable Margin" shall mean 3.25% per annum. (c) "Borrower" shall mean KPT Properties, L.P., a Delaware limited partnership, together with its permitted successors and assigns. (d) "Collateral Properties" shall mean the Properties identified on Schedule A attached hereto. (e) "Lender" shall mean LaSalle Bank N.A., as Trustee for CDC Depositor Trust ST-I (formerly known as Nomura Depositor Trust ST-I), <PAGE> Commercial Mortgage Pass-Through Certificates, Series 1998 - ST-I, together with its permitted successors and assigns. (f) "Note" shall mean the Second Amended and Restated Renewal Promissory Note dated as of June 14, 2000 made by the Borrower to the Lender in the principal amount of $60,000,000. (g) "Required Constant" shall mean (i) 11.0% with respect to any determination relating to Collateral Properties that are factory outlet centers and (ii) 10.09% with respect to any determination relating to Collateral Properties that are community shopping centers.
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Revolver Period as defined in Section 2.01.
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Revolver Period means the period of time from the Closing Date to and including May 31, 2003.
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Revolver Period the period from the Closing Date to the earlier of (a) the Conversion Date and (b) the date the Commitments are terminated in their entirety in accordance with the terms hereof.
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Revolver Period. ; "Revolving Credit Termination Date". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
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Related to Revolver Period

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Credit Period means with respect to any building that is included in a Tax Credit Project, the period of 10 years beginning with (i) the taxable year in which the building is Placed In Service, or (ii) at the election of the Developer, the succeeding taxable year.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolver Commitment means, with respect to each Lender, its Revolver Commitment, and, with respect to all Lenders, their Revolver Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • LIBOR Revolver Loan a Revolver Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).