Revolving Loan Party definition

Revolving Loan Party means “Loan Party” as such term is defined in the Revolving Credit Agreement.
Sample 1Sample 2Sample 3

Examples of Revolving Loan Party in a sentence

  • The Revolving Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with any Revolving Loan Party as though the Revolving Administrative Agent were not the Revolving Administrative Agent.

  • Each Revolving Loan Party is, and after giving effect to the incurrence of all Indebtedness and obligations being incurred in connection herewith and therewith will be and will continue to be, Solvent.

  • No priority or right of the Revolving Credit Agent or any Revolving Secured Party shall at any time be prejudiced or impaired in any way by any act or failure to act on the part of any Revolving Loan Party or by the noncompliance by any Person with the terms, provisions, or covenants of any of the Revolving Loan Documents, regardless of any knowledge thereof which the Revolving Credit Agent or any Revolving Secured Party may have.

  • All Term Obligations at any time made or incurred by any Revolving Loan Party shall be deemed to have been made or incurred in reliance upon this Agreement, and the Revolving Lender, on behalf of itself and the Revolving Secured Parties, hereby waives notice of acceptance, or proof of reliance, by the Term Agent or any Term Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment of all or any part of the Term Obligations.

  • The Revolving Administrative Agent shall not be under any obligation to any Revolving Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Revolving Loan Document, or to inspect the properties, books or records of any Revolving Loan Party.

  • Each of the representations and warranties made by any Revolving Loan Party in or pursuant to the Revolving Loan Documents shall be true and correct in all material respects on and as of such date; provided that, the representations and warranties made in Sections 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14, 3.15, 3.16, 3.17 and 3.18 shall be true and correct in all respects as of such date.

Related to Revolving Loan Party

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

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

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

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

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

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

  • 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.

  • 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.

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

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

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

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

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

  • 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.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

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

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

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

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

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

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