Revolving Advances definition

Revolving Advances means Advances made other than Letters of Credit.
Revolving Advances means Advances other than Letters of Credit and the Swing Loans.
Revolving Advances has the meaning assigned to that term in Section 2.1(a).

Examples of Revolving Advances in a sentence

  • The aggregate balance of Revolving Advances (including, without limitation, Swing Loans) outstanding at any time shall not exceed the Revolving Loan Cap.

  • Issuer shall not issue any requested Letter of Credit if such Issuer has received notice from Agent or any Lender that one or more of the applicable conditions set forth in Section 8.2 of this Agreement have not been satisfied or the commitments of Lenders to make Revolving Advances hereunder have been terminated for any reason.

  • All amounts so transferred to Agent shall be applied against the amount of outstanding Swing Loans and, when so applied shall constitute Revolving Advances of such Lenders accruing interest as Domestic Rate Loans.

  • Settlements may occur at any time notwithstanding that the conditions precedent to making Revolving Advances set forth in Section 8.2 have not been satisfied or the Revolving Commitments shall have otherwise been terminated at such time.

  • To the extent Revolving Advances are not actually funded by the other Lenders in respect of any such amounts so charged, all such amounts so charged shall be deemed to be Revolving Advances made by and owing to Agent and Agent shall be entitled to all rights (including accrual of interest) and remedies of a Lender under this Agreement and the Other Documents with respect to such Revolving Advances.


More Definitions of Revolving Advances

Revolving Advances means Advances made pursuant to Section 2.1 hereof.
Revolving Advances means an advance (or advances) under the Revolving Line.
Revolving Advances means a cash advance or cash advances under the Revolving Facility.
Revolving Advances has the meaning as set forth in Section 2.01.
Revolving Advances means Advances made other than Letters of Credit, the Term Loan and Equipment Loans.
Revolving Advances means Advances made other than the Term Loan.
Revolving Advances shall have the meaning set forth in Section 2.1(a).