Examples of Revolving Obligation in a sentence

The Borrowers agree that any Lender so purchasing such a participation may, to the fullest extent permitted by law, exercise all rights of payment, including setoff, banker's lien or counterclaim, with respect to such participation as fully as if such Lender were a holder of such Loan, LOC Obligation, BA Revolving Obligation or other obligation in the amount of such participation.
Use of Revolving Obligation Proceeds.......................................................
Use of the Series B Revolving Obligation Debt Service Fund.........
Our results thus evidenced a threshold of clay430 concentrations for Eisenia worms, above which CO2 emitted during composting is no longer reduced.
If the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, then the Global Borrowing Base Designation Notice shall also set forth the then applicable Revolving Borrowing Base.

More Definitions of Revolving Obligation

Revolving Obligation means any obligation (other than a Delayed Drawdown Debt Obligation, but including funded and unfunded portions of revolving credit lines and letter of credit facilities, unfunded commitments under specific facilities and other similar loans and investments) that under the underlying instruments relating thereto may require one or more future advances to be made to the obligor by a creditor; provided, however, that any such obligation will be a Revolving Obligation only until all commitments by the creditors to make advances to the obligor thereof expire, are terminated, or are irrevocably reduced to zero.

Revolving Obligation means any Collateral Debt Obligation (other than a Delayed Drawdown Collateral Debt Obligation) that is a loan (including, without limitation, revolving loans, funded and unfunded portions of revolving credit lines and letter of credit facilities, unfunded commitments under specific facilities and other similar loans and investments) that pursuant to the terms of its Underlying Instruments may require one or more future advances to be made to the borrower by the Issuer; but any such Collateral Debt Obligation will be a Revolving Obligation only until all commitments to make advances to the borrower expire or are terminated or reduced to zero, provided that the Revolving Obligation may provide for accession of new borrowers when the accession of such borrowers is contemplated in the terms of the Revolving Obligation and (a) any such borrower is an Approved Borrower or (b) the accession of such borrower is subject to the prior consent of all lenders under such Revolving Obligation.

Revolving Obligation means any investment (other than a Delayed Drawdown Obligation) that is a loan (including, without limitation, revolving loans, unfunded commitments under specific facilities and other similar loans and investments) that pursuant to its terms may require one or more future advances to be made to the obligor thereunder by the Issuer, but any such investment will be a Revolving Obligation only until all commitments to make advances to the obligor expire or are terminated or reduced to zero.

Revolving Obligation means any Portfolio Investment (other than a Delayed Drawdown Collateral Obligation) that is a loan (including, without limitation, revolving loans, funded and unfunded portions of revolving credit lines and letter of credit facilities, unfunded commitments under specific facilities and other similar loans and investments) that pursuant to the terms of its Underlying Instruments may require one or more future advances to be made to the Obligor thereunder by the Issuer; but any such Portfolio Investment will be a Revolving Obligation only until all commitments to make advances to the Obligor expire or are terminated or reduced to zero.

Revolving Obligation means a loan that is a line of credit or contains an unfunded commitment arising from an extension of credit to an Obligor, pursuant to the terms of which amounts borrowed may be repaid and subsequently reborrowed.

Revolving Obligation means any loan which has a specified commitment which can be repaid and redrawn, provided that any such obligation will be a Revolving Obligation only until all commitments to make advances have expired, have been terminated or have been reduced to zero and all advances previously made cannot subsequently be repaid and redrawn;