Revolving Term Loan definition

Revolving Term Loan is defined in Section 2.2(a).
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Revolving Term Loan has the meaning specified in Section 2.03.
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Revolving Term Loan means each Segment of Revolving Loans that has been converted to an amortizing term loan pursuant to Section 2.01(f)(ii) or Section 2.01(f)(iii) of this Agreement.
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Examples of Revolving Term Loan in a sentence

  • Each Revolving Term Loan shall amortize in equal quarterly installments payable on each Interest Payment Date and shall mature on the Revolving Term Loan Maturity Date specified in the Conversion Notice, which date shall be the first day of January, April, July, and October.

  • Notwithstanding the amortization payment schedule applicable to Revolving Term Loans and Term Loans, all principal and accrued but unpaid interest and all costs or expenses related to the Loans shall be due and payable in full on the Maturity Date (in respect of Advances), the Revolving Term Loan Maturity Date (in respect of Revolving Term Loans) or the Term Loan Maturity Date (in respect of Term Loans).

  • Interest on a Revolving Term Loan, at the rate determined in accordance with Section 2.07(c), shall be payable on each Interest Payment Date.

  • Denver Water shall pay interest on each Loan at the applicable interest rate set forth hereafter plus, in the case of the Advance Rate and the Revolving Term Loan Rate, the Applicable Margin set forth in the following table.

  • Notwithstanding the provisions herein contained the Borrower hereby agrees that the Revolving Term Loan granted herein to the Borrower shall be for a fixed period at the sole discretion of the Bank and shall be subject to the Bank’s lending policy on such tenure but repayable on demand by the Bank at any time.

  • The parties hereto agree that no commitment fee is chargeable or payable on this Revolving Term Loan, irregardless of the facility amount granted to the Borrower by the Bank.

  • If the rate of interest chargeable shall be varied in the manner herein provided prior to or after the full disbursement/drawdown of the Revolving Term Loan, interest at the new rate shall be calculated on the Revolving Term Loan herein advanced on the date such amended or new rate of interest is imposed or takes effect.

  • The covenant by the Borrower herein to pay interest (including capitalised interest and whether at the Prescribed Rate or such other rates) is an independent covenant and not ancillary or incidental to the covenant to repay the Operating Overdraft Facility and/or the Non-Revolving Loan and/or the Revolving Term Loan upon demand.

  • For the purpose of ascertaining whether the limit of the principal intended to be hereby secured under the Revolving Term Loan has been exceeded or not all accumulated and capitalised interest shall be deemed to be interest and not principal sum.

  • The cessation of the relationship of banker and customer between the Bank and the Borrower howsoever brought about including the recall of the Operating Overdraft Facility and/or the Non-Revolving Loan and/or the Revolving Term Loan by the Bank, the demise of the Borrower and/or the Security Party, or the closure of account shall not in any manner affect the right of the Bank to capitalise interest which is payable on any outstanding balance.


More Definitions of Revolving Term Loan

Revolving Term Loan means a Loan made pursuant to paragraph (b) of ------------------- Section 2.01.
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Revolving Term Loan means US Prime Rate Loans and/or Euro Dollar Rate Loans, as the case may be, now or hereafter made by Lenders to Borrower on a revolving basis (involving advances, repayments and re-advances) up to the Revolving Term Loan Term Conversion Date and thereafter on a term basis as set forth in Section 2.3 hereof.
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Revolving Term Loan. T01 Facility Outstanding Amount” “Revolving Term Loan T01 Lender” “Revolving Term Loan T01 Note” “Revolving Term Loan T06 Availability Termination Date” “Revolving Term Loan T06 Borrowing” “Revolving Term Loan T06 Commitment” “Revolving Term Loan T06 Commitment Termination Date” “Revolving Term Loan T06 Facility Outstanding Amount” “Revolving Term Loan T06 Lender” “Revolving Term Loan T06 Note”
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Revolving Term Loan has the meaning assigned in Article II hereof.
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Revolving Term Loan has the meaning assigned in Article II of this Agreement.
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Related to Revolving Term Loan

  • Tranche B Term Loan as defined in Section 2.1.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

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

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Tranche A Term Loan as defined in Section 2.1.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Lender each Lender that has a Tranche A Term Commitment or that holds a Tranche A Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).