Revolving Borrowing definition

Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.
Revolving Borrowing means a Borrowing comprised of Revolving Loans.
Revolving Borrowing means a borrowing consisting of simultaneous Revolving Advances made by each Lender pursuant to Section 2.1(a) or Converted by each Lender to Revolving Advances of a different Type pursuant to Section 2.2(b).

Examples of Revolving Borrowing in a sentence

  • Thereafter, the Borrower may elect to convert such Borrowing to a different Type, or to continue such Borrowing and, in the case of a Term Benchmark Revolving Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.07.


More Definitions of Revolving Borrowing

Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Term SOFR Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).
Revolving Borrowing means a Borrowing comprised of Revolving Loans and identified as such in the Notice of Borrowing with respect thereto.
Revolving Borrowing means Revolving Loans of the same Type, made, converted or continued on the same date and, in the case of Term Benchmark Loans, as to which a single Interest Period is in effect.
Revolving Borrowing means the incurrence of Revolving Loans consisting of one Type of Revolving Loan by the Borrowers from all of the Revolving Lenders on a pro rata basis on a given date (or resulting from Conversions or Continuations on a given date), having in the case of any Eurodollar Loans the same Interest Period.
Revolving Borrowing has the meaning assigned to such term in Section 1.02.
Revolving Borrowing means a request for Revolving Loans.
Revolving Borrowing means a Borrowing comprised of US Tranche Revolving Loans or European Tranche Revolving Loans.