Revolving Facility definition

Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.
Revolving Facility means, at any time, the aggregate amount of the Revolving LendersRevolving Commitments at such time.
Revolving Facility the Revolving Commitments and the extensions of credit made thereunder.

Examples of Revolving Facility in a sentence

  • On the last day of any Test Period ending on or after the last day of the first full Fiscal Quarter ending after the Closing Date on which the Revolving Facility Test Condition is then satisfied, the Borrower shall not permit the First Lien Leverage Ratio to be greater than 7.65:1.00.

  • The Borrowers have requested that the Lenders extend credit in the form of (a) Initial Term Loans in an original aggregate principal amount equal to $410,000,000 and (b) a Revolving Facility with an available amount of $50,000,000, and the Lenders are willing to extend such credit on the terms and subject to the conditions set forth herein.

  • Any Specified Refinancing Amendment may provide for the issuance of Letters of Credit for the account of the Borrower or any Restricted Subsidiary, or the provision to the Borrower of Swing Line Loans, pursuant to any Specified Refinancing Revolving Facility established thereby; provided that no Issuing Bank or Swing Line Lender shall be obligated to provide any such Letters of Credit or Swing Line Loans unless it has consented (in its sole discretion) to the applicable Specified Refinancing Amendment.

  • Borrower may appoint any Person to arrange such Incremental Revolving Facility and provide such arranger with any titles with respect to such Incremental Revolving Facility as it deems appropriate and the Administrative Agent shall not be required to execute, accept or acknowledge any documentation evidencing such Incremental Revolving Facility.

  • On the Initial Revolving Credit Maturity Date, each Borrower shall make payment in full in Cash of all accrued and unpaid fees and all reimbursable expenses and other Obligations with respect to the Initial Revolving Facility then due, together with accrued and unpaid interest (if any) thereon attributable to such Borrower.


More Definitions of Revolving Facility

Revolving Facility means the Revolving Facility Commitments of any Class and the extensions of credit made hereunder by the Revolving Facility Lenders of such Class and, for purposes of Section 9.08(b), shall refer to all such Revolving Facility Commitments as a single Class.
Revolving Facility as defined in the definition of “Facility”.
Revolving Facility means the Revolving Commitments and the extensions of credit made thereunder.
Revolving Facility means the Revolving Facility Commitments and the extensions of credit made hereunder by the Revolving Facility Lenders.
Revolving Facility means the Revolving Commitments and the Revolving Loans made and Letters of Credit issued thereunder.
Revolving Facility shall have the meaning set forth in Section 2.1(a).