Revolving Credit definition

Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.
Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.
Revolving Credit means the revolving credit loans to be advanced to the Borrower by the applicable Revolving Credit Lenders pursuant to Article 2 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Revolving Credit Aggregate Commitment.

Examples of Revolving Credit in a sentence

  • Each such prepayment shall be applied to the Loans of the Lenders under the applicable Revolving Credit Facility (as determined by the Administrative Borrower) in accordance with their respective Applicable Pro Rata Shares.

  • The Administrative Agent will promptly notify each Lender under the applicable Revolving Credit Facility of its receipt of each such Prepayment Notice, and of the amount of such Lender’s Applicable Pro Rata Share of such prepayment.

  • Each Lender may attach schedules to its Revolving Credit Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto.

  • Promptly following receipt of any Additional Borrower Agreement, the Administrative Agent shall send a copy thereof to each Lender under the applicable Revolving Credit Facility.

  • The Administrative Agent will promptly notify the Lenders under the applicable Revolving Credit Facility of any termination or reduction of unused portions of the Letter of Credit Sublimit, or the Swing Line Sublimit or the unused Commitments of any Type under this Section 2.06.


More Definitions of Revolving Credit

Revolving Credit is defined in Section 1.1 hereof.
Revolving Credit when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.01(a).
Revolving Credit. Is defined in Section 2-1.
Revolving Credit. Notes shall mean collectively and Revolving Credit Note shall mean separately all the Revolving Credit Notes of the Borrower in the form of Exhibit 1.1(R) evidencing the Revolving Credit Loans together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.
Revolving Credit. Defined in Section 2.1(a).
Revolving Credit means an arrangement pursuant to which:
Revolving Credit shall have the meaning specified in the first paragraph of this Agreement.