Revolving Loans definition

Revolving Loans as defined in Section 2.4(a).
View Source
Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).
View Source
Revolving Loans has the meaning set forth in Section 2.1(b).
View Source

Examples of Revolving Loans in a sentence

  • The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received on the same Business Day, in like funds, to the account designated in the relevant Borrowing Request or as otherwise directed by the Borrower; provided that ABR Revolving Loans made to finance the reimbursement of any LC Disbursement as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank.

  • All “Loans” made and “Obligations” incurred under (and as defined in) the Existing Credit Agreement which are outstanding on the Closing Date shall continue as Revolving Loans and Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents.

  • Each Borrowing of Revolving Loans shall be made ratably by the Revolving Lenders in proportion to their respective Revolver Percentages.

  • Any Incremental Lender providing a Revolving Credit Increase shall advance Revolving Loans in an amount sufficient such that after giving effect to its Revolving Loans each Revolving Lender shall have outstanding its Revolver Percentage of all Revolving Loans outstanding under the Revolving Credit Commitments.

  • As provided in Section 2.6(a), the Borrower may elect that each Borrowing of Revolving Loans be either Base Rate Loans or SOFR Loans.


More Definitions of Revolving Loans

Revolving Loans means the revolving loans made by the Lenders to the Borrower pursuant to Section 2.01(a) or (b).
View Source
Revolving Loans means the loans now or hereafter made by Lender to or for the benefit of Borrower on a revolving basis (involving advances, repayments and readvances) as set forth in Section 2.1 hereof.
View Source
Revolving Loans has the meaning specified therefor in Section 2.1(a) of the Agreement.
View Source
Revolving Loans means the revolving loans made by the Lenders to the Borrower pursuant to clause (b) of Section 2.01. Each Revolving Loan shall be a Eurodollar Revolving Loan or an ABR Revolving Loan.
View Source
Revolving Loans shall have the meaning specified in subsection 2(a) hereof.
View Source
Revolving Loans as defined in Section 2.1(b).
View Source
Revolving Loans means the revolving loans made by the Lenders to the Borrower pursuant to clause (b) of Section 2.01.
View Source