Revolving Bank definition

Revolving Bank means each Bank that has a Revolving Commitment or that holds Revolving Loans.

Revolving Bank means each bank or other financial institution from time to time that has a Revolving Commitment or that holds Revolving Extensions of Credit in accordance with the terms hereof.

Revolving Bank means at any time each Bank with a Revolving Credit Commitment or with outstanding Revolving Loans.

Examples of Revolving Bank in a sentence

• Without limiting the foregoing, the provisions of Article 5 and Sections 6.3, 7.1, 7.2 and 7.4 shall not apply to the Revolving Bank Facility Administrative Agent, the Revolving Bank Facility Lenders or the Revolving Bank Facility Obligations, and the term Persons, as used therein, shall exclude the Revolving Bank Facility Administrative Agent and the Revolving Bank Facility Lenders in respect of the Revolving Bank Facility Obligations.

• Each Revolving Bank acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Revolving Commitments.

• By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Banks, such Issuing Bank hereby grants to each Revolving Bank, and each Revolving Bank hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Revolving Bank’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit.

• Any reduction of the aggregate Revolving Commitments shall be applied to the Revolving Commitment of each Revolving Bank according to its Revolving Percentage.

• The Administrative Agent shall notify each Revolving Bank by facsimile transmission of the contents of each CAF Advance Request received by the Administrative Agent.

More Definitions of Revolving Bank

Revolving Bank means, at any time, any Bank that has a Revolving Commitment at such time.

Revolving Bank each Bank that has a Revolving Commitment or that holds Revolving Loans.

Revolving Bank means, at any time, (a) so long as any Revolving Commitment is in effect, any Bank that has a Revolving Commitment at such time or (b) if the Revolving Commitments have terminated or expired, any Bank that has a Revolving Loan or a participation in LOC Obligations or Swingline Loans at such time.

Revolving Bank means any:

Revolving Bank means (a) any financial institution listed on Schedule 1 hereto as having a Revolving Commitment and (b) any Person that shall have become a party to this Agreement (i) as an Additional Revolving Bank pursuant to Section 2.16 or (ii) as a Revolving Bank pursuant to an Assignment and Assumption Agreement with respect to which all or any portion of a Revolving Loan and/or Revolving Commitment was assigned to such Person, and in

Revolving Bank means each Bank listed on Schedule 2.1.1 as a "Revolving -------------- -------------- Bank" and any successor thereof or assignee of all or a portion of such Bank's Revolving Commitment (or, after the Revolving Commitments have terminated, such Bank's Revolving Loans).

Revolving Bank or "Revolving Banks", as applicable. Each reference to "Bank" in subsection (d) of Section 2.1 of the Credit Agreement is deleted and replaced by "Term Bank".