Short Term Revolving Credit Loans definition

Short Term Revolving Credit Loans means Disbursements made by the Banks under the Short Term Revolving Credit Commitment which Disbursements in the aggregate shall not exceed more than $200,000,000 at any one time outstanding.
Short Term Revolving Credit Loans means Disbursements by a Lender pursuant to Subsection 2.1a.
Short Term Revolving Credit Loans means collectively, all Short-Term Revolving Credit Loans, and Short-Term Revolving Credit Loan shall mean any Short-Term Revolving Credit Loan made by the Lenders or one of the Lenders to the Borrower pursuant to Section 2.01 hereof.

Examples of Short Term Revolving Credit Loans in a sentence

  • All Short Term Revolving Credit Loans outstanding on the Short Term Revolving Credit Termination Date shall become due and payable in full on such date.

  • Each Lender agrees, for itself only, and subject to the terms and conditions of this Agreement, to make Short Term Revolving Credit Loans to the Borrower from time to time not to exceed an aggregate principal amount at any one time outstanding equal to the amount of its respective Short Term Revolving Credit Commitment Percentage of the Short Term Revolving Credit.

  • Subject to the provisions of this Section 2.3, the Administrative Agent agrees that the Borrower may request Swing Line Loans, in an aggregate amount at any one time outstanding not to exceed the lesser of (i) $20,000,000 or (ii) an amount which, when added to the aggregate principal amount of all Short Term Revolving Credit Loans then outstanding does not exceed the aggregate amount of the Short Term Revolving Credit Commitments.

  • The principal amount actually due and owing to a Lender at any time under its Short Term Revolving Credit Note shall be the then aggregate unpaid principal amount of all Short Term Revolving Credit Loans made by such Lender as shown on the Loan Account established and maintained by such Lender in accordance with Section 2.13.

  • The Lenders shall have no obligation to make Short Term Revolving Credit Loans hereunder on or after the Short Term Revolving Credit Termination Date.

  • The obligation of the Borrower to repay, on or before the Short Term Revolving Credit Termination Date, the aggregate unpaid principal amount of all Short Term Revolving Credit Loans shall be evidenced by the several Short Term Revolving Credit Notes, each substantially in the form of Exhibit "A-1" hereto, drawn by the Borrower to the order of a Lender in the maximum amount of such Lender's Short Term Revolving Credit Commitment.

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  • Each such notice of election shall specify the Option and the amount of the Long Term Revolving Credit Loans or Short Term Revolving Credit Loans to bear interest at such Option, and in the case of the selection of the Euro-Rate Option, the Interest Period therefor.

  • Any repayment of the Short Term Revolving Credit Loans shall increase, by the amount of that repayment, the unborrowed balance of the Short Term Revolving Credit Commitment; it being contemplated that the Borrower may repay and reborrow from time-to-time under the Short Term Revolving Credit Commitment until the Short Term Revolving Credit Termination Date.

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More Definitions of Short Term Revolving Credit Loans

Short Term Revolving Credit Loans means any Disbursements made by the Lenders under the Short Term Revolving Credit Commitment which Disbursements in the aggregate shall not exceed more than (x) $130,000,000 at any time outstanding prior to the Second Amendment Effective Date, and (y) $100,000,000 at any time outstanding on or after the Second Amendment Effective Date.
Short Term Revolving Credit Loans has the meaning specified in Section 2.15(i).

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