Examples of Revolving B Loans in a sentence
Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
To the extent that the outstanding Revolving B Loans are not held ratably among the Revolving B Lenders and there is insufficient availability under the Commitment B of any Revolving B Lender to fund its Pro Rata Share of any requested new Borrowing of Revolving B Loans, such Revolving B Lender shall fund a portion of such Borrowing equal to the unfunded amount of its Commitment B, and the remaining portion of such Borrowing shall be funded ratably by the remaining Revolving B Lenders.
U.S. Tranche Revolving B Loans may be repaid and reborrowed in accordance with the provisions hereof.
The Borrower shall not terminate or reduce the Aggregate Revolving B Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the aggregate Outstanding Amount of the Revolving B Loans would exceed the Aggregate Revolving B Commitments.
If the Administrative Agent approves such Request for Equipment Borrowing, it shall determine in its sole discretion whether such Request for Equipment Borrowing will be funded with Revolving A Loans (in which case it shall promptly notify the Revolving A Lenders of the details thereof), with Swing Loans (in which case it shall promptly notify the Swingline Lender of the details thereof) or with Revolving B Loans (in which case it shall promptly notify the Revolving B Lenders of the details thereof).