Rollover Utilisation definition

Rollover Utilisation means one or more Utilisations:
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Rollover Utilisation means one or more Loans:
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Rollover Utilisation means a Rollover Loan, Utilisation of the Revolving Facility which is to be used to refinance an Ancillary Outstanding, or to fund a claim under a Letter of Credit or an extension or renewal of a Letter of Credit.
Sample 1

Examples of Rollover Utilisation in a sentence

  • No Event of Default or (unless this representation is being repeated or deemed to be repeated on the date of a Request or a Utilisation Date in respect of a Rollover Utilisation) Potential Event of Default has occurred and is continuing.


More Definitions of Rollover Utilisation

Rollover Utilisation means a requested Utilisation whose Original Currency Amount is equal or less than an outstanding Utilisation and whose Utilisation Date coincides with the Repayment Date or Maturity Date, as appropriate, of that outstanding Utilisation.
Sample 1
Rollover Utilisation means a Utilisation by way of Loan:
Sample 1
Rollover Utilisation means a proposed Utilisation of the Revolving Facility whose amount does not exceed the amount of Revolving Advances to be repaid on the proposed Utilisation from the proceeds of such proposed Utilisation;
Sample 1

Related to Rollover Utilisation

  • Utilisation means a utilisation of the Facility.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Drawdown means a drawdown of a Facility.

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.

  • Irish Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under this Agreement and is:

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Qualifying Loans has the meaning specified in Section 2.05(d)(iv).

  • Qualifying Lenders has the meaning specified in Section 2.05(d)(iv).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • UK Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is:

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;