Revolving Loans Commitment means the commitment of the Banks to Advance Revolving Loans to the Borrower from time to time as provided in Section 2.1 in the aggregate amount of $7,500,000.00.
Revolving Loans Commitment in Section 1.1 of the Credit Agreement is amended and restated in its entirety to read as follows:
Revolving Loans Commitment means, as to any Lender, the obligation of such Lender to make or continue Revolving Loans hereunder in an aggregate principal amount up to but not exceeding the amount set forth opposite the name of such Lender on the signature pages hereto under the heading "Revolving Loans Commitment" or, if such Lender is a party to an Assignment and Acceptance, the amount of the "Revolving Loans Commitment" set forth in the most recent Assignment and Acceptance of such Lender, as the same may be reduced or terminated pursuant to Section 2.13 or 11.2, and "Revolving Loans Commitments" means such obligations of all Lenders. As of the Closing Date, the aggregate principal amount of the Revolving Loans Commitments is $15,000,000.
Examples of Revolving Loans Commitment in a sentence
One Revolving Note shall be payable to the order of each Bank in a principal amount equal to such Bank's Revolving Loans Commitment or, if different, the outstanding amount of all Revolving Loans made (or held) by such Bank, plus interest accrued thereon, as set forth below.
On each date a Revolving Loans Commitment reduction is required pursuant to Section 2.6(d), the Revolving Loan Commitments shall, without any further action, automatically and permanently be reduced by such amount.
Know and comply with legal obligations and the Cooperative's articles, by-laws and policies.
Without limitation of the foregoing, each Lender agrees to reimburse the Letter of Credit Issuer promptly upon demand for its Pro Rata Share, based upon its Revolving Loans Commitment, of any costs or expenses payable by any Borrower to the Letter of Credit Issuer, to the extent that the Letter of Credit Issuer is not promptly reimbursed for such costs and expenses by a Borrower.
There are also intercompany receivables and liabilities such as loans that can generate significant foreign currency effects.
More Definitions of Revolving Loans Commitment
Revolving Loans Commitment means, at any time with respect to a Lender, the principal amount set forth beside such Lender’s name under the heading “Revolving Loans Commitment” on Schedule 1.2 attached to the Agreement or, if different, on the signature page of the most recent Assignment and Acceptance to which such Lender is a party, as such Revolving Loans Commitment may be adjusted from time to time in accordance with the provisions of Section 11.1 and Section 11.2, and “Revolving Loans Commitments” means, collectively, the aggregate amount of the Revolving Loans Commitments of all of the Lenders.
Revolving Loans Commitment. The aggregate of USD 180,000,000 and EUR 90,000,000 as such amounts may be reduced pursuant to Section 3.5(b).
Revolving Loans Commitment means the commitment of the Banks to Advance Revolving Loans and Swing Loans to the Borrower or to issue Letters of Credit for the account of the Borrower from time to time as provided in Section 2.1 in the aggregate amounts as follows: On and after Aggregate Commitment December 31, 1999 $35,000,000.00 January 10, 2000 $34,000,000.00 February 1, 2000 $33,000,000.00 March 1, 2000 $32,000,000.00
Revolving Loans Commitment means the commitment of the Banks to Advance Revolving Loans to the Borrower from time to time in the aggregate amount of (i) from the effective date of the Tenth Amendment until the earlier of April 27, 2001 or the date of Borrower's or any Guarantor's receipt of the Colorado Proceeds, Seven Million One Hundred Thousand Dollars ($7,100,000); (ii) from and after the earlier of April 27, 2001 or the date of Borrower's or any Guarantor's receipt of the Colorado Proceeds until the earlier of May 31, 2001, or, in the event that Borrower has delivered to Agent and Banks, on or before May 31, 2001, then June 30, 2001, or the date of funding of the Replacement Line, Four Million Four Hundred Thousand Dollars ($4,400,000); and (iii) from and after the earlier of May 31, 2001, or, in the event that Borrower delivers to Agent and Banks, on or before May 31, 2001, a Replacement Line Commitment, then June 30, 2001, or the date of funding of the Replacement Line, Zero Dollars ($0); provide however, notwithstanding any provision of this Agreement or the Revolving Note to the contrary, Banks shall not make any further Advance after the effective date of the Tenth Amendment.
Revolving Loans Commitment means TWENTY MILLION DOLLARS ($20,000,000).
Revolving Loans Commitment has the meaning set forth in Section 2.1 hereof.
Revolving Loans Commitment means, as to any Lender, the obligation (if -------------------------- any) of such Lender to make or continue Revolving Loans hereunder in an aggregate principal amount up to but not exceeding the amount set forth opposite the name of such Lender on the signature pages hereto under the heading "Revolving Loans Commitment" or, if such Lender is a party to an Assignment and Acceptance, the amount of the "Revolving Loans Commitment" set forth in the most recent Assignment and Acceptance of such Lender, as the same may be reduced or terminated pursuant to Section 2.13 or 11.2, and "Revolving Loans Commitments" ------------ ---- --------------------------- means such obligations of all Lenders. As of the Closing Date, the aggregate principal amount of the Revolving Loans Commitments is $10,000,000.