Revolving Credit Facility Advance definition
Examples of Revolving Credit Facility Advance in a sentence
The Company shall pay accrued interest on each Revolving Credit Facility Advance on the last day of each Interest Period.
Each Revolving Credit Facility Advance made by the Lenders to the Borrower may be evidenced by a notation of the same made by the Agent on the grid attached to the Revolving Credit Facility Note, which notation, absent manifest error, shall be prima facie evidence of the amount of the relevant Advance.
The Company may not deliver an Advance Request for a Revolving Credit Facility Advance if, as a result of the proposed Advance, more than four Revolving Credit Facility Advances would be outstanding.
The Company shall repay each Revolving Credit Facility Advance on the last day of its Interest Period.
The Company may not deliver an Advance Request for a Revolving Credit Facility Advance if, as a result of the proposed Revolving Credit Facility Advance, more than ten Revolving Credit Facility Advances would be outstanding.
A Revolving Credit Facility Advance has one Interest Period only which shall start on the Advance Date for such Advance.
A Revolving Credit Facility Advance has one Interest Period only.
With respect to each Revolving Credit Facility Advance of Bankers' Acceptances in respect of the Revolving Credit Facility, multiple terms to maturity shall be available, provided however that the minimum amounts relative to Drawdowns and Conversions of Bankers' Acceptances set forth in Section 2.4(b) shall apply separately to each term to maturity and the pro-rata allocation amongst the Revolving Credit Facility Lenders referred to in Section 2.4(c) shall apply separately to each term to maturity.
All charges, expenses and fees Agent may incur in doing any of the foregoing, and any local taxes relating thereto, shall be charged to Borrower's Account as a Revolving Credit Facility Advance of a Domestic Rate Loan and added to the Obligations, or, at Agent's option, shall be paid to Agent for the ratable benefit of Lenders immediately upon demand.
Any sums expended by Agent or any Lender due to Borrower's failure to perform or comply with its obligations under this Agreement or any other Document including, without limitation, Borrower's obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1, may be charged to Borrower's Account as a Revolving Credit Facility Advance and added to the Obligations.