Revolving Loan Bank definition

Revolving Loan Bank. Foothill Capital Corporation, a California corporation, and its successors and assigns.
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Revolving Loan Bank means, at any time, a
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Revolving Loan Bank means any Bank with a Revolving Loan ------------------- Commitment, or after termination of the Revolving Loan Commitments, any Bank with any Revolving Loans or Letter of Credit Outstandings.
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Examples of Revolving Loan Bank in a sentence

  • As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable, standby letters of credit (individually, an "L/C" and collectively, the "L/Cs").

  • As a sublimit to the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable standby letters of credit (individually, an "L/C" and collectively, the "L/Cs").

  • Xxxxx Title: Managing Director ANNEX 1 ------- COMMITMENTS ----------- Tranche A Term Tranche B Term Loan Loan Revolving Loan Bank Commitment Commitment Commitment ---- -------------- -------------- -------------- Bankers Trust Company $ 4,000,000 $ 39,250,000 $ 9,500,000 First Union National Bank of North Carolina $ 4,000,000 $ 3,250,000 $ 9,500,000 Xxxxxx Commercial Paper Inc.

  • If the Index becomes unavailable during the term of the Revolving Loan, Bank may designate a substitute index after notifying Borrowers.

  • Subject to the terms and conditions of this Agreement, and provided that the Borrowing Base is sufficient to permit Bank to make the requested Revolving Loan, Bank shall make each Revolving Loan on the effective date specified therefor by crediting the amount of such Revolving Loan to the Loan Account.

  • As a sublimit under the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable standby letters of credit (individually, a "Standby L/C").

  • As a sublimit under the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable standby letters of credit (individually, a “Standby L/C”).

  • Prior to 3:00 p.m. (California time) on the date of a Revolving Loan, Bank shall, subject to satisfaction of the conditions set forth in Section 2.2, disburse the amount of the requested Revolving Loan by deposit into the Disbursement Account.

  • As a sublimit under the Revolving Loan, Bank shall issue, for the account of Borrower, one or more irrevocable commercial letters of credit (individually, a “Commercial L/C”) with transport documents presented in a full set to Bank (and, in case of airway bills, consigned to Bank).

  • As a sub-facility under the Revolving Loan, Bank shall issue for the benefit of Borrower one or more standby letters of credit (each a "L/C", and collectively the "L/Cs"), under which the aggregate of all amounts available to be drawn and all unpaid reimbursement obligations shall not exceed TWO MILLION DOLLARS ($2,000,000).

Related to Revolving Loan Bank

  • 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).

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

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

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

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.