Revolving Debt definition

Revolving Debt has the meaning assigned to the termSecured Obligations” under the Revolving Credit Agreement or any similar term under any Permitted Refinancing Debt in respect thereof.
Revolving Debt has the meaning assigned to such term in Section 7.01(l).
Revolving Debt means any debt arising out of the Revolving Credit Facility and/or the Revolving Debt Documents.

Examples of Revolving Debt in a sentence

  • Revolving Debt: If the account shown on the credit report has an outstanding balance and is not reporting a minimum monthly payment, the monthly payment for qualifying purposes must be calculated at the greater of 5% of the balance or$10.

  • The Amended Security Agreement for the First Lien Term Loan and the Amended and Restated Pledge and Security Agreement for the Amended Revolver Agreement state that they secure obligations under the Revolving Debt and First Lien Term Loan by granting first priority liens on, among other things, the property and assets of all of the Debtors, whether real or personal, tangible or intangible, and wherever located.

  • The Grand Chamber to be constituted included ex officio Mr Ryssdal, the President of the Court, and Mr R.

  • Accounts with a term of less than 10 months that require payments so large as to cause a severe impact on the family’s resources for any period of time, also must be included in the DTI.• Revolving Debt: The monthly payment per the credit report must be included in the DTI calculation regardless of the account balance.

  • Installment Debt ▪ Follow the DU and the requirements in chapters B3-3 through B3-6 of the Fannie Mae Single Family Selling Guide, published June 3, 2020 Revolving Debt ▪ All revolving debt is included for qualifying regardless of number of payments remaining.


More Definitions of Revolving Debt

Revolving Debt shall have the meaning assigned thereto in the Recitals hereof.
Revolving Debt means any and all “Obligations” (as defined in the Revolving Credit Agreement and the Revolving Security Documents), including, without limitation, on account of Bank Products and Cash Management Services and on account of any DIP Financing.
Revolving Debt means the amounts outstanding under the Amended and Restated Credit Agreement, dated as of January 9, 2004, as amended and restated as of November 7, 2008, and as further amended and restated as of September 16, 2009, among AAM, AAM Holdings, the Lenders party thereto, JPMorgan Chase Bank, N.A., J.X. Xxxxxx Securities Inc. and Banc of America Securities LLC, and (iii) “Term Debt” means the amounts outstanding under the Credit Agreement, dated as of June 14, 2009, as amended and restated as of September 16, 2009, among AAM, AAM Holdings, the Lenders party thereto, JPMorgan Chase Bank, N.A., J.X. Xxxxxx Securities Inc. and Banc of America Securities LLC; and
Revolving Debt means all Debt of the Loan Parties under the Revolving Loan Documents.
Revolving Debt means the Debt under the Revolving Loan Agreement.
Revolving Debt has the meaning provided in Section 4.15.