Revolving Credit Facility Loan definition

Revolving Credit Facility Loan means a loan made or to be made under the Revolving Credit Facility or the principal amount outstanding for the time being of that loan.
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Revolving Credit Facility Loan means the revolving loans issued under and on the terms set forth in the Credit Agreement.
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Revolving Credit Facility Loan means a loan made or to be made under the Revolving Credit Facility or the principal amount outstanding for the time being of that loan. RFR has the meaning given to it in Schedule 9 (Compounded Rate Terms).
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Examples of Revolving Credit Facility Loan in a sentence

  • If the Borrower fails to make a payment to the Lender under a Swap Contract or pursuant to an obligation arising from an ACH Transaction, the Lender may, but is not required to, advance such payment for the account of the Borrower and such advance shall be deemed to be a Revolving Credit Facility Loan.

  • Appropriate notice of such Loan or Letter of Credit shall have been given by the Borrower as provided in Article 2 (except in the case of a Revolving Credit Facility Loan made in accordance with the Autoborrow Service Agreement).

  • The Lender shall have received, true and correct copies, certified as to authenticity by the Borrower, of (i) Revolving Credit Facility Loan Documentation, (ii) the Interim Facility Loan Documentation, and (iii) the Supplemental Credit Facility Documentation, which shall not be different in any material respect from the forms thereof delivered to the Lender prior to the Closing Date.

  • In addition, if excess availability is less than the greater of 12.5% of the calculated borrowing base (as defined in the Revolving Credit Facility Loan and Security Agreement) or $15,625, the lender has the right to take full dominion of the Company’s cash collections and apply these proceeds to outstanding loans under the Revolving Credit Facility.

  • Deadline for the Lenders to report their cost of funds in accordance with Clause 10.3 (Cost of funds) Close of business on the date falling three (3) Business Days after the Reporting Day for the relevant Revolving Credit Facility Loan (or, if earlier, on the date falling three (3) Business Days before the date on which interest is due to be paid in respect of the Interest Period for that Revolving Credit Facility Loan).

  • In the event a Borrower receives notice from Bank that there are insufficient funds in a Borrower's account to (i) make required principal and interest payments due under the Loans, or (ii) pay checks presented for payment, one of the other Borrowers shall immediately advance on the date of said notice, sufficient funds to Bank to remedy each and every shortage or reduce the Revolving Credit Facility to the Maximum Revolving Credit Facility Loan Amount.

  • If the Borrower does not agree with an interest rate set by the Agent under Clause 5.10, the Borrower may give the Agent not less than 15 Business Days’ notice of its intention to prepay the Term Loan or the Revolving Credit Facility Loan, as the case may be (without premium or penalty and not subject to any applicable prepayment fee under Clause 8.10(c)) at the end of the Interest Period set by the Agent.

  • The Borrower may in its discretion nominate which Revolving Credit Facility Loan to cancel and after such nomination, such cancellation shall, in respect of the Revolving Credit Facility, reduce each remaining scheduled reduction in respect of the Revolving Credit Facility in accordance with clause 6.3 (Reduction – Revolving Credit Facility).

  • The Borrower shall repay each Revolving Credit Facility Loan on the last day of its Interest Period.

  • The Borrower shall repay each Revolving Credit Facility Loan on the last day of its Interest Period, but without prejudice to the right of the Borrower to make a further Utilisation on that day under the Revolving Credit Facility in accordance with clause 5 and subject to the other terms of this Agreement.


More Definitions of Revolving Credit Facility Loan

Revolving Credit Facility Loan has one Interest Period only, which shall start on the Utilisation Date.
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Revolving Credit Facility Loan means a Competitive Loan, a Swingline Loan or a Revolving Credit Loan.
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Revolving Credit Facility Loan means a loan made by a Revolving Credit Lender pursuant to section 2.01(a) or a New Revolving Credit Lender pursuant to Section 2.17(a). Each Revolving Credit Facility Loan shall be a Eurodollar Loan or a Base Rate Loan.
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Revolving Credit Facility Loan has the meaning specified in Section 2.1.
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Revolving Credit Facility Loan means a Loan made pursuant to paragraph (a) of Section 2.01.
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Related to Revolving Credit Facility Loan

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

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

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

  • Revolving Credit Loans as defined in Section 2.1.

  • 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 Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

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

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • 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 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.

  • 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 Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

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

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

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

  • 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 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 Facility Loans shall include the Other Revolving Loans.

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

  • 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).

  • 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 Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).