Revolving Loan or Loans definition

Revolving Loan or Loans means an Advance or Advances made pursuant to Section 2(a) hereof.
Revolving Loan or Loans means an Advance or Advances made under the Revolving Commitment. Revolving Maturity Date means January 27, 2007.
Revolving Loan or Loans means an Advance or Advances made under the Revolving Commitment.

Examples of Revolving Loan or Loans in a sentence

  • 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of Credit, whichever first occurs, the US Interim Order is in full force and effect and has not been stayed, reversed, rescinded, modified or amended in any respect (except (i) to the extent superseded by the US Final Order, and (ii) as amended in a manner which is satisfactory to the DIP Agent) and the obligations of the parties to the DIP Credit Documents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.

  • 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.

  • 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.


More Definitions of Revolving Loan or Loans

Revolving Loan or Loans means an Advance or Advances made pursuant to Section 2(a) hereof. Security Instruments is used collectively herein to mean this Agreement, all Deeds of Trust, Mortgages, Line of Credit Mortgages, Security Agreements, Assignments of Production and Financing Statements and other collateral documents covering certain of the Oil and Gas Properties and related personal property, equipment, oil and gas inventory and proceeds of the foregoing, all guaranties, all pledge agreements, all security agreements and all collateral assignments of notes and liens executed as security for the Loans, all such documents to be in form and substance reasonably satisfactory to Agent.

Related to Revolving Loan or Loans

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

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

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

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

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

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • 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.

  • Swing Loans each is defined in Section 1.7 hereof.

  • 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

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

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • 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 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.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

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

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

  • New Revolving Loans as defined in Section 2.25.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.