Revolving Loan Accounts definition

Revolving Loan Accounts has the meaning ascribed to it in Section 1.4.
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Revolving Loan Accounts means the accounts on Agent's books, in each Borrower's name, in which each Borrower will be charged with all applicable Obligations under this Financing Agreement.
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Revolving Loan Accounts shall have the meanings assigned in Section 2.03 hereof.
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Examples of Revolving Loan Accounts in a sentence

  • In furtherance thereof, each of the Companies hereby agrees that any and all such payments shall be deemed Obligations and irrevocably instructs the Agent to charge their Revolving Loan Accounts under this Financing Agreement with any and all payments which the Agent may, in its sole discretion, make from time to time with respect to any such Lockbox Agreement.

  • Any amount charged to the Companies' Revolving Loan Accounts shall be deemed a Revolving Loan hereunder and shall incur interest at the rate provided in Paragraph 8.1 of Section 8 of this Financing Agreement.

  • The Obligors agree that any charges incurred by the Agent and/or the Lenders for the account of the Companies by the Issuing Bank shall be conclusive on the Agent and the Lenders and may be charged in the manner determined by the Agent to the Revolving Loan Accounts of the appropriate Companies.

  • The Companies agree that any charges incurred by the Agent and the Lenders for the Companies account by the Issuing Bank shall be conclusive on the Agent and/or the Lenders and may be charged to any of the Companies' Revolving Loan Accounts, provided that nothing contained herein shall, or shall be deemed, to affect, waive or modify any right the Companies may have against the Issuing Bank.

  • The Agent and the Lenders shall be entitled to charge any of the Companies' Revolving Loan Accounts for the interest provided for herein when due.

  • The Agent may charge all of such premiums, fees, costs, interest and other charges to the Obligors' Revolving Loan Accounts.

  • Any amount charged to the Borrowers' Revolving Loan Accounts shall be deemed a Revolving Loan hereunder and shall incur interest at the rate provided in Section 8.1 of this Financing Agreement.

  • SB 1040 also expanded the CASF fund from $100 million to $225 million, adding $100 million to the Infrastructure Grant Account and allocating $10 million and $15 million to the Consortia Grant Account and the Revolving Loan Account, respectively.4 On February 1, 2012, the Commission approved D.12-02-015 to implement new guidelines for the Infrastructure Grant and Revolving Loan Accounts.

  • Each of the Obligors hereby authorizes the Administrative Agent to charge the Revolving Loan Account(s) with the amount of all Obligations due hereunder as such payments become due.

  • The County of Merced Planning Department oversees the County of Merced’s Housing Programs which include but are not limited to: First-Time Homebuyer Program and/or Housing Rehabilitation Program utilizing funds secured through Federal, State and Local funding sources such as the Community Development Block Grant (CDBG), Cal Home Program, Home Investment Partnership Program (HOME), CDBG Revolving Loan Accounts, HOME Program Income, Redevelopment Funds and any other funding that may become available.


More Definitions of Revolving Loan Accounts

Revolving Loan Accounts means each account on the Agent’s books, in the name of the Borrowing Agent (on behalf of the US Borrowers) or the Canadian Borrower, as the case may be, in which the Borrowers will be charged with all applicable Obligations under this Financing Agreement.
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Related to Revolving Loan Accounts

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

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

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

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

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • 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.

  • Revolving Loan Documents has the meaning specified for the term “Loan Documents” in the Revolving Credit Agreement.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Loan Account has the meaning set forth in Section 2.10.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • 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.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).