Revolving Dollar Loans definition

Revolving Dollar Loans means Loans denominated in dollars and made pursuant to Section 2.01(a). Each Revolving Dollar Loan shall be a Eurocurrency Loan or an ABR Loan.
Revolving Dollar Loans means the Revolving Credit Loans made by the Revolving Credit Lenders in Dollars to the Borrower pursuant to Section 2.01(b)(i).

Examples of Revolving Dollar Loans in a sentence

  • 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.

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Dollar Loans.

  • 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.

  • On the Effective Date, Crown Holdings shall cause the Borrowers to deposit the proceeds of the Term B Dollar Loans and the Revolving Dollar Loans not applied to refinance the Refinanced Public Debt or repay the Existing Credit Agreement on the Effective Date (the "Initial Proceeds") into the Collateral Account pursuant to Section 5.13 of the Credit Agreement.

  • During the Revolving Credit Commitment Period the Borrower may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Dollar Loans or Foreign Currency Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

  • 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.

  • 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.

  • Revolving Dollar Loans may not be converted into Revolving Sterling Loans and Revolving Sterling Loans may not be converted into Revolving Dollar Loans.

  • Company hereby authorizes Administrative Agent and Swing Line Lender to charge Company's accounts with Administrative Agent and Swing Line Lender (up to the amount available in each such account) in order to immediately pay Swing Line Lender the amount of the Refunded Swing Line Loans to the extent the proceeds of such Revolving Dollar Loans made by Lenders, including the Revolving Dollar Loan deemed to be made by Swing Line Lender, are not sufficient to repay in full the Refunded Swing Line Loans.


More Definitions of Revolving Dollar Loans

Revolving Dollar Loans. ; "Requirements of Law"; "Subsidiary"; "Subsidiary Borrower"; "Term B Dollar Loans"; "U.S. Security Documents"; and "Domestic Subsidiary". Notwithstanding the foregoing, on and after the Obligations under the Loan Documents, the Bank Related Hedging Obligations and the Bank Related Cash Management Obligations have been indefeasibly paid in full without any refinancing thereof through the incurrence of Indebtedness having a Lien on any Collateral (as defined in the Credit Agreement) and the Credit Agreement, the other Loan Documents, the Bank Related Hedging Agreements, the Bank Related Cash Management Agreements and all Letters of Credit issued in connection with the Credit Agreement have terminated the capitalized terms used herein but not otherwise defined shall have meanings assigned to such terms in the Credit Agreement as in effect on such date immediately prior to the termination thereof.
Revolving Dollar Loans means, collectively, the amounts advanced by the U.S. Lenders to the U.S. Borrower under the Revolving Dollar Loan Commitment, not to exceed the amount of the Revolving Dollar Loan Amount, and evidenced by the Revolving Dollar Loan Notes.

Related to Revolving Dollar Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Credit Loans as defined in Section 2.1.

  • Euro-Dollar Loan means a Committed Loan that bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Dollar Loan means a Loan denominated in Dollars.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

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

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • 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.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

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

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

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • 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.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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