Revolving Credit Advance definition

Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.
Revolving Credit Advance has the meaning specified in Section 2.01(a).
Revolving Credit Advance means a borrowing requested by the Borrower and made by the Revolving Credit Lenders under Section 2.1 of this Agreement, including without limitation any readvance, refunding or conversion of such borrowing pursuant to Section 2.3 hereof and any deemed disbursement of an Advance in respect of a Letter of Credit under Section 3.6(c) hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Examples of Revolving Credit Advance in a sentence

  • Each Notice of Revolving Credit Borrowing shall specify (i) the requested date of such Revolving Credit Borrowing (which must be a Business Day), (ii) Type of Advances comprising such Revolving Credit Borrowing, (iii) aggregate amount of such Revolving Credit Borrowing, and (iv) in the case of a Revolving Credit Borrowing consisting of Term SOFR Advances, the initial Interest Period for each such Revolving Credit Advance.

  • If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Credit Advance included in the relevant Revolving Credit Borrowing or funded participation in the relevant Swingline Advance, as the case may be.


More Definitions of Revolving Credit Advance

Revolving Credit Advance means an advance by a Lender to the Borrower as part of a Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance (each of which shall be a “Type” of Revolving Credit Advance).
Revolving Credit Advance means an advance by a Lender to any Borrower under Section 2.01(a).
Revolving Credit Advance has the meaning assigned to it in Section 1.1(a).
Revolving Credit Advance means any Revolving Credit Loan and any Letter of Credit Advance.
Revolving Credit Advance means an Advance made pursuant to Section 2.1(a) hereof.
Revolving Credit Advance shall have the meaning assigned to it in Section ------------------------ ------- 1.1