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

• The failure of any Lender to make the Revolving Credit Advance to be made by it as part of any Revolving Credit Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Revolving Credit Advance on the date of such Revolving Credit Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Revolving Credit Advance to be made by such other Lender on the date of any Revolving Credit Borrowing.

• If such Lender shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Revolving Credit Advance as part of such Borrowing for purposes of this Agreement.

• Each Lender may, at its option, make any Revolving Credit Advance by causing any domestic or foreign branch or Affiliate of such Lender to make such Revolving Credit Advance; provided that any exercise of such option shall not affect in any manner the obligation of the applicable Borrower to repay such Revolving Credit Advance in accordance with the terms of this Agreement.

More Definitions of Revolving Credit Advance

Revolving Credit Advance means an advance by a Lender to the Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a "Type" of Revolving Credit Advance).

Revolving Credit Advance has the meaning specified in Section 2.01(c).

Revolving Credit Advance means any Revolving Credit Loan and any Letter of Credit Advance.

Revolving Credit Advance means an advance by a Lender to any Borrower under Section 2.01(a).

Revolving Credit Advance means an Advance made pursuant to Section 2.1(a) hereof.

Revolving Credit Advance means a U.S. Dollar Revolving Credit Advance or a Multicurrency Revolving Credit Advance.

Revolving Credit Advance has the meaning ascribed to it in Section ------------------------ ------- 1.1(a)(i). ---------