Revolving Facility Term definition

Revolving Facility Term means the period commencing on the Closing Date and ending the date that is four (4) years after the Closing Date.
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Revolving Facility Term means the period commencing on the Closing Date and ending on the earlier of (a) December 31, 2012 and (b) the repayment in full of the Revolving Facility Notes and the termination of the Lenders’ commitment to make Advances thereunder in accordance with the terms of this Agreement.
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Revolving Facility Term means the period commencing on the Closing Date and ending on December 15, 2004; PROVIDED, that this period shall be automatically extended to the earlier of (i) January 10, 2007 and (ii) the date which is one hundred five (105) days prior to the first scheduled principal payment (excluding Excess Cash Flow payments permitted under SECTION 7.11) under the Note Purchase Agreement, if (x) Borrower requests such extension on or before 90 days prior to the last day of the Revolving Loan Term, (y) the Preferred Stock Designations are amended or exchanged such that the first scheduled principal payment or redemption thereunder is at least three hundred sixty-five (365) days after the Maturity Date under the Note Purchase Agreement and (z) Borrower delivers to Agent a certified copy of the Note Purchase Agreement, as amended, and the Preferred Stock Designations, as amended, each in form and substance satisfactory to Agent.
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Examples of Revolving Facility Term in a sentence

  • This Revolving Facility is a revolving credit facility, which may be drawn, repaid and redrawn, from time to time during the Revolving Facility Term as permitted under this Agreement.

  • The Administrative Agent and its affiliates or other related entities may engage in transactions or other activities that affect any reference rate referred to herein, or any alternative, successor or replacement rate (including, without limitation, any Term Loan Successor Rate or Revolving Facility Term SOFR Successor Rate) (or any component of any of the foregoing) or any related spread or other adjustments thereto, in each case, in a manner adverse to any Borrower.

  • Represents the straight-line amortization (which approximates the effective interest method) of debt issuance costs and debt discount related to the original notes over a five year period for the Revolving Facility, Term Loan A Facility and the Delayed Draw Term Loan A Facility; seven-year period for the Term Loan B Facility; and eight-year period for the notes.

  • Average Debt Balance Mortgage Debt Revolving Facility Term Loans TotalBeginning Balance 12/31/2018 $1,283,325 $65,000 $675,000 $2,023,325 Debt Maturities (1)Year Scheduled Amortization Def Fin Cost Amort Mortgages Mortgage Balance at Initial Maturity Date 2018 Revolving Facility Term Loans Def Fin Cost Amort Term Loans Total Debt(1) The weighted average period to total debt maturity is 4.18 years, excluding extension options.

  • Extension of Maturity Date in Respect of Revolving Facility, Term A Facility and/or Term B Facility 75 2.17.

  • Subject to the provisions of this Agreement, each Lender agrees to make available its Pro Rata Share of Advances to Borrower under the Revolving Facility from time to time during the Revolving Facility Term; provided, that (i) the Pro Rata Share of the Advances of any Lender shall not at any time exceed its separate Commitment, and (ii) the aggregate amount of all Advances at any one time outstanding under the Revolving Facility shall not exceed the lesser of (A) the Facility Cap and (B) the Availability.

  • Represents the straight-line amortization (which approximates the effective interest method) of debt issuance costs and debt discount related to the notes offered hereby over a five year period for the Revolving Facility, Term Loan A Facility and the Delayed Draw Term Loan A Facility; seven-year period for the Term Loan B Facility; and eight-year period for the notes.

  • Interest accrued on each Advance under the Revolving Notes shall be due and payable on the first day of each calendar month, in accordance with the procedures provided for in Section 2.5 and Section 2.9, and continuing until the later of the expiration of the Revolving Facility Term and the full performance and irrevocable payment in full in cash of the Obligations and termination of this Agreement.

  • Average Debt Balance Mortgage Debt Revolving Facilities Term Loans TotalBeginning Balance 3/31/2018 $1,301,157 $— $675,000 $1,976,157 Debt Maturities (1)Year Scheduled Amortization Def Fin Cost Amort Mortgages Mortgage Balance at Initial Maturity Date 2018 Revolving Facility Term Loans Def Fin Cost Amort Term Loans Total Debt(1) The weighted average period to total debt maturity is 4.73 years, excluding extension options.

  • Lenders are willing to make the Revolving Facility, Term Loan and Equipment Acquisition Term Loan available to Borrowers upon the terms and subject to the conditions set forth herein.


More Definitions of Revolving Facility Term

Revolving Facility Term set forth in Appendix A to the Agreement shall be and hereby is amended and restated and replaced in its entirety to read in full as follows:
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Revolving Facility Term means the period commencing on the Closing Date and ending on January 31, 2007; provided that this period shall automatically end on December 10, 2005, if Borrower has not delivered to Agent by April 30, 2004, a file-stamped and certified copy of (x) Articles of Amendment in the form attached to the Fourth Amendment as Exhibit A or (y) designations of terms of one or more newly-created series of preferred stock, in each case pursuant to which the first scheduled principal payment or redemption specified therein, with respect to all of the shares of Borrower’s preferred stock then outstanding, will not occur before June 30, 2008; provided further that this period shall automatically end on December 15, 2004, at any time the maturity date of the Subordinated Debt is not on a date which is on or after March 25, 2006.”
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Revolving Facility Term means the period commencing on the Closing Date and ending on the earlier of (a) October 15, 2014 and (b) the IPO Date.
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Revolving Facility Term means the period commencing on the Closing Date and ending on the date that is three years after the Closing Date (i.e., the third year anniversary of the Closing Date).
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Related to Revolving Facility Term

  • Revolving Facility Termination Date means the earlier of (i) January 29, 2013, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

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