Revolving Lender definition

Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.
Revolving Lender each Lender that has a Revolving Commitment or that holds Revolving Loans.
Revolving Lender means each Lender that has a Revolving Commitment or that holds Revolving Loans.

Examples of Revolving Lender in a sentence

  • Each Revolving Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Swingline Lender, such ▇▇▇▇▇▇’s Applicable Revolving Credit Percentage of such Swingline Loan or Swingline Loans.

  • A certificate of the applicable Issuing Bank submitted to any Revolving Lender (through the Administrative Agent) with respect to any amount owing under this clause (ii) shall be conclusive absent manifest error.

  • Upon any reduction of any Revolving Credit Commitment, the Revolving Credit Commitment of each Revolving Lender of the relevant Class shall be reduced by such Revolving Lender’s Applicable Percentage of the amount of such reduction.

  • In the event of any such resignation as the Swingline Lender, the Borrower Representative shall, unless an Event of Default under Section 7.01(a) or, with respect to the Parent Borrower, Section 7.01(f) or 7.01(g) then exists, be entitled to appoint any Revolving Lender that is willing to accept such appointment as successor Swingline Lender hereunder.

  • A certificate of the Swingline Lender submitted to any Revolving Lender (through the Administrative Agent) with respect to any amount owing under this clause (c) shall be conclusive absent manifest error.


More Definitions of Revolving Lender

Revolving Lender means a Lender with a Revolving Commitment.
Revolving Lender means, at any time, (a) so long as any Revolving Commitment is in effect, any Lender that has a Revolving Commitment at such time or (b) if the Revolving Commitments have terminated or expired, any Lender that has a Revolving Loan or a participation in L/C Obligations or Swingline Loans at such time.
Revolving Lender means a Lender with a Revolving Commitment or Revolving Credit Exposure.
Revolving Lender means each Lender with a Revolving Loan Commitment (or if the Revolving Loan Commitments have terminated, who hold Revolving Loans or participations in Swing Loans or Letter of Credit Obligations).
Revolving Lender means a Lender with a Revolving Commitment or Revolving Exposure.
Revolving Lender means each Lender having a Revolving Loan Commitment Amount in excess of Zero Dollars ($0) (or, in the event the Revolving Loan Commitment shall have been terminated at any time, each Lender at such time having Revolving Loan Outstandings in excess of Zero Dollars ($0)).
Revolving Lender means a Lender that has a Revolving Loan Exposure or Letter of Credit Exposure.