Examples of Revolving Loan or Loans in a sentence
Not later than noon (Chicago time) on each Borrowing Date, each Lender shall make available its Revolving Loan or Loans in funds immediately available in Chicago to the Agent at its address specified pursuant to ARTICLE XIII.
On a periodic basis, by means of computer media or a written report, the Comptroller makes financial data available to each of the managers identified in Article 1.7 concerning the operational budgets granted to each department.
Each US Borrower Revolving Lender shall make the amount of such US Borrower Revolving Loan or Loans available to the Administrative Agent at the Funding Office in immediately available funds, not later than 10:00 A.M., New York City time, one Business Day after the date of such notice.
On the date of the making of the initial Revolving Loan or Loans or the issuance of the initial Letter or Letters of Credit, whichever first occurs, the US Interim Order is in full force and effect and has not been stayed, reversed, rescinded, modified or amended in any respect (except (i) to the extent superseded by the US Final Order, and (ii) as amended in a manner which is satisfactory to the DIP Agent) and the obligations of the parties to the DIP Credit Documents have not been stayed.
Not later than noon (Chicago time) on each Borrowing Date, each Lender shall make available its Revolving Loan or Loans in funds immediately available in Chicago to the Agent at its address specified pursuant to Article XIII.
If the interest payable by the Company to any Bank is increased pursuant to this subsection, the Company may at its option at any time during which the interest rate payable hereunder is so increased prepay on three Banking Days' notice all but not part of the Revolving Loan or Loans subject to such increase in the interest rate to the Administrative Agent for the account of the Bank or Banks claiming increased costs under this subsection.
If such Purchasing Lender shall pay to the Administrative Agent such amount for the account of the Selling Swing Line Lender on any Business Day, such amount so paid in respect of principal shall constitute a Swing Line Revolving Loan made by such Purchasing Lender for purposes of this Agreement, and the outstanding principal amount of the Swing Line Revolving Loan or Loans made by the Selling Swing Line Lender shall be reduced by such amount on such Business Day.
If the Company prepays any Revolving Loan pursuant to this subsection, it shall also pay at the time of such prepayment all accrued and unpaid interest owed to the Bank or Banks whose Revolving Loan or Loans are prepaid on account of the Revolving Loan or Loans so prepaid and as soon thereafter as the necessary calculations may be made, it shall pay the Broken Interest Period Amount to such Bank or Banks.
HMI design assumptions regarding the preferred frame of reference and the need for attention getters were also validated.A second set of tests focused on the system capabilities for the purpose of remote identification, using a dedicated variant of the HMI.
In the case of each Borrowing of Foreign Currency Revolving Loans, not later than 1:00 p.m., Local Time, on the requested Borrowing Date, each Revolving Credit Lender will make available to the Administrative Agent at the applicable Payment Office an amount, in the Applicable Currency and in immediately available funds, equal to the amount of the Foreign Currency Revolving Loan or Loans to be made by such Lender.