Revolving Advance has the meaning given in Section 2.1.
Revolving Advance means an advance by a Lender to the Borrower as part of a Borrowing, including a Base Rate Advance made pursuant to Section 2.03(c), but excluding any L/C Advance made as part of an L/C Borrowing and any Swingline Advance, and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a Type of Revolving Advance).
Examples of Revolving Advance in a sentence
The Total Revolving Commitment (and the Commitment of each Revolving Lender) shall be automatically reduced to zero at the close of business on the Revolving Commitment Termination Date and, without the need for any further action, each Revolving Advance shall automatically convert to a Term Advance and each Revolving Lender shall automatically be a Term Lender thereafter.
Each prepayment of any Revolving Advance or Term Advance by the Borrower pursuant to this Section 2.05(a) shall in each case be in a principal amount of at least $250,000 or a whole multiple of $1 in excess thereof or, if less than a single such increment remains outstanding, the entire outstanding principal amount of the Advances of the Borrower.
More Definitions of Revolving Advance
Revolving Advance means an Advance comprised of Revolving Loans.
Revolving Advance or "Revolving Advances" means a cash advance or cash advances under the Revolving Facility.
Revolving Advance means an Advance consisting of Revolving Loans.
Revolving Advance means each advance made by Lender(s) pursuant to subsection 2.1(A).
Revolving Advance means any Advance comprised solely of Revolving Loans.
Revolving Advance or “Revolving Advances” means an advance (or advances) under the Revolving Line.