Examples of Revolving Dollar Loans in a sentence
Each payment of a Pro-Rata Borrowing shall be applied ratably between the Revolving Dollar Loans and Revolving Multicurrency Loans included in such Pro-Rata Borrowing.
Any prepayment pursuant to this paragraph shall be applied, first, to Revolving Dollar Loans outstanding and second, as cover for Dollar LC Exposure.
Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Dollar Loans.
Thereafter, the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended (and all Foreign Currency Loans shall be replaced by Revolving Dollar Loans pursuant to Section 2.18(a)(ii)) until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice.
In the event any Lender shall exercise its rights under clause (i) or (ii) above, all payments and prepayments of principal which would otherwise have been applied to repay the Eurocurrency Revolving Dollar Loans that would have been made by such Lender or the converted Eurocurrency Revolving Dollar Loans of such Lender shall instead be applied to repay the ABR Loans made by such Lender in lieu of, or resulting from the conversion of, such Eurocurrency Loans.
Term Loans and Revolving Dollar Loans may be continued as or converted into Base Rate Loans and Eurodollar Rate Loans in the manner provided in subsection 2.2D.
Such payments shall be made in Same Day Funds, (i) in the case of payments on or in respect of Revolving Dollar Loans and CAPEX Dollar Loans, to the U.S. Agent no later than 12:00 noon (Atlanta time) on the date specified herein, and (ii) in the case of payments on or in respect of Revolving Pound Loans, Overdraft Pound Loans and CAPEX Pound Loans, to the International Agent no later than 12:00 noon (London time) on the date specified herein.
Considering Revolving Loans being prepaid at ------------------------ any time, any prepayment thereof shall be allocated between Revolving Dollar Loans and Revolving Sterling Loans as specified by Company or, if no specification is given, in such a manner as to effect ratable percentage reductions in the outstanding principal balances of Revolving Dollar Loans and Revolving Sterling Loans constituting Revolving Loans then outstanding.
Nothing in this subsection 3.3B shall be deemed to relieve any Lender from its obligation to make Revolving Dollar Loans on the terms and conditions set forth in this Agreement, and Company shall retain any and all rights it may have against any Lender resulting from the failure of such Lender to make such Revolving Dollar Loans under this subsection 3.3B.
Subject to the provisions of subsections 2.6 and 2.7, each Term Loan and each Revolving Loan shall bear interest on the unpaid principal amount thereof from the date made through maturity (whether by acceleration or otherwise) at a rate determined by reference to (a) in the case of Revolving Dollar Loans, the Dollar Base Rate or the Adjusted Eurodollar Rate, as the case may be, and (b) in the case of Revolving Sterling Loans, the Adjusted Domestic Sterling Rate.