Revolving Credit Facility B definition

Revolving Credit Facility B means the Revolving Credit Facility to be made available to the Company pursuant to Section 2.05 hereof.
Sample 1Sample 2Sample 3
Revolving Credit Facility B means the facility for up to $15,000,000 in principal amount of Revolving Credit Loans in addition to the Revolving Credit Loans available under Revolving Credit Facility A.
Sample 1Sample 2
Revolving Credit Facility B means a revolving credit facility made available under this Agreement in the amount of up to USD 250,000,000.
Sample 1

Examples of Revolving Credit Facility B in a sentence

  • Funding of all Revolving Credit Facility B Loans shall be made in accordance with Section 3.12 of this Agreement.

  • Upon receipt of a Notice of Borrowing delivered pursuant to Section 2.01(e) that proposes a Revolving Loan that is a Revolving Credit Facility B Loan, the Agent shall promptly notify the Revolving Credit Facility B Lender of the contents thereof.

  • If a Notice of Borrowing delivered pursuant to Section 2.01(e) proposes a Revolving Loan that is a Revolving Credit Facility B Loan, then not later than 12:00 noon (Los Angeles time) on the Funding Date specified in such Notice of Borrowing delivered pursuant to Section 2.01(e), the Revolving Credit Facility B Lender shall make available the aggregate principal amount of such borrowing, in immediately available funds, to the Agent.

  • On or prior to the Closing Date, the Administrative Agent shall have received (i) for the account of each Lender, a Revolving Credit Facility A Note and a Revolving Credit Facility B Note and (ii) for the account of the Swingline Lender, a Swingline Note, each duly executed by the Company.

  • The Revolving Credit Facility B Note, the grid schedule and the books and records of each Lender shall constitute presumptive evidence of the information so recorded absent demonstrable error.

  • Upon such termination, the Company shall immediately repay in full the principal amount of the Revolving Credit Facility B Loans then outstanding, together with all accrued interest thereon and all other amounts due and payable hereunder.

  • Such Letter of Credit Fee shall be paid (A) to the Agent, for the account of the Lenders, in the case of any Revolving Credit Facility A Letter of Credit, in accordance with their respective Pro Rata Shares, and (B) to the Agent, for the account of the Revolving Credit Facility B Lender, in the case of any Revolving Credit Facility B Letter of Credit.

  • Each Revolving Credit Facility B Note shall be dated the date of this Agreement and stated to mature on the Revolving Credit Facility B Maturity Date.

  • On or before the Effective Date, the Borrower shall pay to the Agent, for the Account of the Revolving Credit Facility B Lender, all accrued and unpaid Revolving Credit Facility B Commitment Fees under the Second Amended and Restated Senior Secured Credit Agreement and all accrued and unpaid Letter of Credit Fees relating to any Revolving Credit Facility B Letter of Credit under the Second Amended and Restated Senior Secured Credit Agreement.

  • Other than the extended tenor, Revolving Credit Facility B has the same characteristics as Revolving Credit Facility A (including (a) a margin of 2.25% over EURIBOR (floored at 0%) and (b) a commitment fee of 40% of the margin) and can be used for the same purposes as Revolving Credit Facility A.


More Definitions of Revolving Credit Facility B

Revolving Credit Facility B means the revolving line of credit established by the Banks in favor of the Borrowers in the principal amount of Twenty Five Million Dollars ($25,000,000) pursuant to which the Borrowers may obtain Revolving Credit Loans from the Banks during the term of Revolving Credit Facility B upon the terms and conditions set forth in this Loan Agreement.
Sample 1
Revolving Credit Facility B means the revolving credit facility referred to in Clause 2.3 (Revolving Credit Facility B).
Sample 1
Revolving Credit Facility B means, at any time, the aggregate amount of the Extending Lenders’ Revolving Credit Commitments at such time.
Sample 1
Revolving Credit Facility B means, at any time, the aggregate amount of the Extending Lenders’ Revolving Credit Commitments at such
Sample 1
Revolving Credit Facility B means the facility described in Article II hereof providing for Loans to the Borrower by the Lender in the aggregate principal amount of $12,500,000, as reduced in accordance with SECTION 2.6 and SECTION 2.
Sample 1

Related to Revolving Credit Facility B

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Credit Loans as defined in Section 2.1.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Revolving Credit Limit has the meaning set forth in the Schedule.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • 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.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).