Revolving Portion definition

Revolving Portion means, at any time, the Portion of the Loan Facility evidenced by the Total Revolving Loan Commitments.
Revolving Portion means, with respect to the Assigned Debt, the portion thereof obtained by dividing the aggregate principal amount of Assigned Debt times a fraction, the numerator of which is the aggregate principal amount of Revolving Loans outstanding on the Restatement Date and the denominator of which is the aggregate principal amount of Revolving Loans and Term Loans outstanding on the Restatement Date.
Revolving Portion means, at any time, and from time to time, that portion of the then Aggregate Commitment that is not the Non-Revolving Portion.

Examples of Revolving Portion in a sentence

  • Interest shall accrue on the principal amount of the Base Rate Revolving Portion outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Base Rate.

  • Each such Revolving Credit Loan shall be secured by all of the Collateral and shall constitute a Base Rate Revolving Portion.

  • The application of such funds to the Revolving Portion shall also permanently reduce the maximum amount permitted to be borrowed under the Revolving Portion.

  • All Swingline Loans shall be treated as Revolving Credit Loans for purposes of this Agreement, except that (a) all Swingline Loans shall be included within the Base Rate Revolving Portion and (b) notwithstanding anything herein to the contrary (other than as set forth in the next succeeding sentence), all principal and interest paid with respect to Swingline Loans shall be for the sole account of Agent in its capacity as the lender of Swingline Loans.

  • Pursuant to the Loan Agreement, Lenders made a loan to the Existing Borrowers in the original maximum principal amount of Two Hundred Million and No/100 Dollars ($200,000,000.00) (the "Loan"), consisting of a Revolving Portion and a Non-Revolving Portion (as such terms are defined in the Loan Agreement).


More Definitions of Revolving Portion

Revolving Portion means that portion of the principal of the Loan in the maximum amount of (a) DM 230,000,000 (Deutsche Mark Two Hundred Thirty Million) for the period from the Second Restatement Date through March 14, 2000 or (b) DM 105,000,000 (Deutsche Mark One Hundred Five Million) for the period from March 15, 2000 through September 14, 2000, which portion includes the Kronos Titan Revolving Portion and may be, from time to time, prepaid pursuant to SECTION 8.02 and reborrowed pursuant to SECTION 2.04; provided, however, that each of the amounts set forth in CLAUSES (A) and (B) preceding shall be automatically reduced by an aggregate amount equal to 300% (three hundred percent) of the cumulative total of the Excess Adjusted Restricted Payments which have been, as of any date but subject to the 30 (thirty) day cure period specified in the definition of "Excess Adjusted Restricted Payments", paid or made or have otherwise arisen or existed on or after January 1, 1996, which reduction in the Revolving Portion shall occur automatically upon expiration of the 30 (thirty) day cure period applicable to the payment, making, arising or other existence of each such Excess Adjusted Restricted Payment.
Revolving Portion means the portion of the Loan that Borrowers are permitted to repay and reborrow hereunder, which amount is equal to (a) from and after the Effective Date and prior to disbursement of the Holdback, $6,000,000, and (b) following disbursement of the Holdback, $10,000,000, subject, however, in all events to reduction in accordance with Section 3.7 below.
Revolving Portion is defined in SECTION 3.6(c).
Revolving Portion means, the aggregate principal amount of up to $18,000,000.
Revolving Portion means, in relation to a Home Loan, your Home Loan or any portion of your Home Loan specified in your Loan Agreement as your Revolving Portion (as applicable) or, as the context requires, the outstanding balance under your Revolving Portion at any time.
Revolving Portion means, at any time, and from time to time, that portion of the then Aggregate Commitment that is not the Non-Revolving Portion, which shall include the Tenant Improvement Allocation, provided the amount allocated to the Tenant Improvement Allocation shall only be available as provided in Section 3.5, and shall not be available on a revolving basis unless and until the conditions set forth in Section 3.6 have been satisfied, and an amount equal to the Restricted Commitment shall not be available for disbursement, unless and until a Successful Syndication has occurred.
Revolving Portion is defined in Section 3.6(c).