Revolving Accounts definition

Revolving Accounts means any Account arising from an agreement to extend credit on an ongoing basis through the use of a device such as a credit card or the like, whether or not subject to regulation under Federal Reserve Board Regulation Z, or any state statute or regulation on truth-in-lending.
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Revolving Accounts means the accounts of the Borrower held with the ITM Facility Agent at its Via deii'Universita, Modena branch having the following details: (i) in relation to euro, IBAN number IT84 U030 6912 9306 1(524 7695 209, ABI 3069, CAB 12930, account number 6 1524 7695 209; (ii) in relation to US dollars, IBAN number IT03 0030 6912 9300 0700 0006 148, ABI 3069, CAB 12930, account number 7000006148.
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Examples of Revolving Accounts in a sentence

  • The transfer of the RA Accounts will be evidenced by the Assignment of Revolving Accounts substantially in the form attached hereto as Exhibit A.

  • I004533 Retail Installment Agreement Revolving Accounts Plan Secure MasterCard Effective June 2011 � payment received will be credited to the account on the next business day and will not be considered late.

  • Lender shall have the right, from time to time during the Accounts Sublimit Increase Period, to establish and revise Revolving Accounts Loan sublimits for each Deferred Billing Borrower, within the overall Eleven Million Dollar ($11,000,000) sublimit applicable to all Revolving Accounts Loans.

  • Notwithstanding Section 2.2(j) of the Loan Agreement, but subject to all other rights of Lender under the Loan Agreement and the other Financing Agreements, during the Accounts Sublimit Increase Period, the aggregate amount of Revolving Accounts Loans for all Deferred Billing Borrowers shall not at any one time outstanding exceed Eleven Million Dollars ($11,000,000).

  • Borrower shall pay to Lender a commitment fee of 1% of the amount of the Revolving Accounts Receivable Loan (the “Commitment Fee”), which shall be due and paid at the time of the first Advance from the Revolving Accounts Receivable Loan.

  • For each Revolving Accounts an annual 2.0% administrative fee will be deducted by the IUP Research Institute on the available amount.

  • In addition, without regard to the occurrence of an Event of Default, Borrower shall within sixty days of the making of a first Advance from the Revolving Accounts Receivable Loan, hire a third party consultant, who shall be acceptable to Lender, to prepare a financial audit of the patient accounts and all Patient Account Credit Agreements included as part or all of the Collateral for the first Advance from the Revolving Accounts Receivable Loan.

  • The Revolving Credit Facility Maximum shall include Availability under the Borrowing Base Report against eligible Equipment of the Borrower in the amount of FIFTY PERCENT (50%) of the current appraised Net Forced Liquidation Value but, taken as a whole with Availability under the Revolving Accounts Receivable Sub-Limit, the Revolving Inventory Sub-Limit, and the Revolving Real Estate Sub-Limit, shall not exceed the total Revolving Credit Facility Maximum.

  • The interest rate of the Note that evidences indebtedness for the Revolving Accounts Receivable Loan shall be 2.0% over the Prime Rate adjusted daily, with a floor rate of 6.0%.

  • For each subsequent Advance from the Revolving Accounts Receivable Loan, including but not limited to any subsequent Advance for a further funding of the Initial Account Purchase, Borrower shall similarly provide such list of the Patient Account Credit Agreements to be purchased by Borrower pursuant to the Patient Account Purchase Agreement.