Revolving Loan Fee definition

Revolving Loan Fee has the meaning set forth in Section 4.13.
Revolving Loan Fee is defined in Section 3.1 A. of the Revolving Loan Schedule.
Revolving Loan Fee. MARGIN shall mean 0.250% until receipt by Bank of the compliance certificate for the end of fiscal quarter ending March 31, 2000, and thereafter shall mean the percentage indicated under the heading "Revolving Loan Fee Margin" in Section 1.22.

Examples of Revolving Loan Fee in a sentence

  • The accrued and unpaid portion of the Revolving Loan Fee shall be paid by the Borrowers to the Agent in arrears on the first day of each quarter, on the first day of each January, April, July and October of each year during the Revolving Credit Term, and on the Revolving Credit Maturity Date.

  • In addition, on the first Business Day of each June, September, December, and March, beginning June 1, 2000, Borrower shall pay to Bank in arrears a commitment fee equal to the Revolving Loan Fee Margin per annum multiplied by the difference between the Revolving Loan Credit Limit and the average daily outstanding principal balance of the Revolving Note during such quarter.

  • The L/C Commitment Increase shall be effective upon the Borrowers' payment of the increased Annual Revolving Loan Fee under Section 5.2(d), if applicable.

  • Borrower shall pay Bank a fee in the amount of Twenty Five Thousand Dollars ($25,000) ("Equipment Loan Fee") of which a payment of $25,000 has been received by Bank; a fee in the amount of Ten Thousand Dollars ($10,000) ("Revolving Loan Fee") of which a payment of $10,000 has been received by Bank, and an Exim Loan Fee in the amount of Twenty Six Thousand Two Hundred Fifty Dollars ($26,250) of which a payment of $26,250 has been received by Bank, plus all out-of-pocket expenses .

  • The Revolving Loan Fee and the Supplemental Loan Fee each are considered earned on the date hereof and are not refundable.

  • Xxxxx DATE: August 9, 1999 Revolving Loan Fee $3,500.00 UCC Search Fee 75.00 Documentation Fee 250.00 TOTAL FEE DUE $3,825.00 ------------- ========= Please indicate the method of payment: { } A check for the total amount is attached.

  • Borrower will pay Lender the Revolving Loan Fee outlined in the Revolving Loan Schedule.

  • The accrued Revolving Loan Fee shall be due and payable in arrears on each Quarterly Payment Date hereafter and on the Termination Date for the three month period or other time period ending on the last day of the preceding fiscal quarter or on the Termination Date.

  • The Revolving Loan Fee payable to the Lender which is the Swing Line Lender shall be based upon the amount determined by multiplying such Lender’s Pro Rata Share by the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the actual aggregate outstanding principal balance of the Revolving Loans plus the LC Obligations on each day and subtracting from that amount the average daily outstanding principal balance of the Revolving Swing Line Loans.

  • During the year ended December 31, 2010, the Company incurred fees of $0.6 million (2009: $1.1 million) for legal services provided by a firm in which a director and corporate secretary is a partner.


More Definitions of Revolving Loan Fee

Revolving Loan Fee and "Revolving Loan Fees" have the meanings given to them in Section 4.4(a).
Revolving Loan Fee has the meaning described in Section 2.1.12 (Revolving Loan Fee).
Revolving Loan Fee. The Revolving Loan Fee as specified in Section I.8.

Related to Revolving Loan Fee

  • 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 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.

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

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

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • 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.

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

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • 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 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.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

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

  • 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.

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

  • 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 Commitment Fee has the meaning specified in Section 2.09(a).

  • 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 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 Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

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

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • 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.

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