Revolving Loan Advances definition

Revolving Loan Advances means more than one Revolving Loan Advance and, collectively, all Revolving Loan Advances.
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Revolving Loan Advances means an Advance under the Revolving Loan Commitment.
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Revolving Loan Advances has the meaning set forth in Section 2.A.
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Examples of Revolving Loan Advances in a sentence

  • The proceeds of such Revolving Loan Advances shall be immediately applied to repay the Refunded Swing Line Advances.

  • Lenders may, however, in their absolute discretion make such Revolving Loan Advances, but shall not be deemed by doing so to have increased the Maximum Available Amount and shall not be obligated to make any such Revolving Loan Advances thereafter.

  • Revolving Loan Advances may be repaid and reborrowed at any time, without premium or penalty.

  • The applicable Revolving Loan Advances used to refund any Swing Line Advances shall be Alternate Base Rate Advances.

  • Each notice of partial prepayment shall designate the Revolving Loan Advances to which such prepayment is to be applied (subject to the requirement that Lenders receive their respective pro rata shares).

  • Notwithstanding anything else herein to the contrary, no Revolving Loan Advances shall be made or requested after the last day of the Revolving Credit Period.

  • Borrower may request subsequent Revolving Loan Advances at any time, but not more often than once each Business Day, by submitting a request therefor to Administrative Agent as provided in Section 7.10.

  • In the event the Maximum Revolving Loan Amount is increased in accordance with Section 2.14 hereof, Agent may retain (for the benefit of Lenders) from the next Revolving Advance made to Borrower, any Increase OID required to be paid in accordance with Section 3.5(b) or (c) hereof from the Revolving Loan Advance(s) following such increase.

  • The indebtedness of the Borrower to the Banks resulting from the Revolving Loan Advances made by the Banks shall be evidenced by Revolving Loan Notes made by the Borrower.

  • If the Borrower desires to have the Revolving Loan Advances bear interest by reference to a LIBOR Rate, the Borrower must comply with Section 1.4(e).


More Definitions of Revolving Loan Advances

Revolving Loan Advances means the disbursement of loan proceeds under the Revolving Loan. A Revolving Loan Advance shall not constitute a "payment order" under R.C.W. Section 62A.4A-103.
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Revolving Loan Advances shall have the meanings assigned to those terms in Section 2.01.
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Revolving Loan Advances. As defined in Section 2.1.
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Revolving Loan Advances means the loans and advances made under the Revolving Loan on a revolving basis pursuant to the terms of Article II hereof.
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Revolving Loan Advances means all of the Advances of the Revolving Loan.
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Related to Revolving Loan Advances

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

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

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

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

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

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

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

  • 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 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 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.

  • Revolving Credit Loans as defined in Section 2.1.

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

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Swing Loans each is defined in Section 1.7 hereof.

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

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

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

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

  • 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).

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

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

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

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

  • Term Loan as defined in Section 2.1.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.