Revolving Credit Provisions definition

Revolving Credit Provisions has the meaning specified in the definition ofConsolidated EBITDA”.
Revolving Credit Provisions means the provisions in the Credit Agreement pursuant to which the lenders have committed to make available to the Company a revolving credit facility in a maximum principal amount of $40 million.
Revolving Credit Provisions means Sections 2.01, 2.02, 2.03, 2.06, 2.09, 3.01 through 3.08 and 4.01(a) and (b), the definitions of "Commitment Fee Rate", "Margin Xxxxx 0 Xxxxxx", "Xxxxxx Xxxxx 0 Xxxxxx", "Margin Xxxxx 0 Xxxxxx", "Xxxxxx Xxxxx 0 Xxxxxx" and "Margin Level 5 Status" and the Pricing Grid on Annex A, in each case as they relate to the Revolving Credit Loans.

Examples of Revolving Credit Provisions in a sentence

  • If you are a Maryland resident as of the date you accept this Card Agreement, as evidenced by your billing address, to the extent, if any, that Maryland law applies to this Card Agreement and your Account and is not preempted by federal law, we elect to offer your Account pursuant to Subtitle 9 (Credit Grantor Revolving Credit Provisions) of Title 12 of the Maryland Commercial Law.

  • We elect Subtitle 9, Credit Grantor Revolving Credit Provisions, of Title 12 of the Commercial Law Article of the Annotated Code of Maryland only to the extent not inconsistent with 12 X.X.X. §00 and related regulations and opinions, and we expressly reserve our rights thereunder.

  • Specifically, there is a strong demand for cybersecurity specialists in Tulsa and surrounding communities.

  • This Agreement shall be governed by, construed and enforced in accordance with the laws of the State of Maryland, including the Credit Grantor Revolving Credit Provisions of Subtitle 9 of Title 12 of the Commercial Law of Maryland (MD COML § 12-901 et seq.).


More Definitions of Revolving Credit Provisions

Revolving Credit Provisions means the provisions of the Credit Agreement pursuant to which lenders thereunder have committed to make available to the Company a revolving credit facility.
Revolving Credit Provisions means the provisions in the Credit Facility pursuant to which the lenders have committed to make available to the Company a revolving credit facility in a maximum principal amount of $25.0 million.
Revolving Credit Provisions means the provisions of the Credit Agreements pursuant to which lenders thereunder have committed to make available to Sterling, a revolving credit facility, including the Canadian Facility.

Related to Revolving Credit Provisions

  • 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 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.

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

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

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit D-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • 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 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 Loans as defined in Section 2.1.

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

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

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

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

  • 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 Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • 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.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Revolving Credit Maturity Date means the date that is six years after the Closing Date, or, if such date is not a Business Day, the next preceding Business Day.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

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

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

  • 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).

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

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).