Standby Loans definition

Standby Loans means the revolving loans made pursuant to Section 2.04. Each Standby Loan shall be a Eurodollar Standby Loan or an ABR Loan.
Standby Loans means the revolving loans made pursuant to Section 2.04
Standby Loans means the revolving loans made by the Banks to the Company pursuant to Section 2.03. Each Standby Loan shall be a Eurodollar Standby Loan, a CD Loan or an ABR Loan.

Examples of Standby Loans in a sentence

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, pay or prepay and reborrow Standby Loans.

  • Within the foregoing limits, the Borrowers may borrow, pay or prepay and reborrow Standby Loans hereunder, on and after the Effective Date and prior to the Maturity Date, subject to the terms, conditions and limitations set forth herein.

  • All Standby Loans and Competitive Loans made pursuant to this Article II shall be denominated in Dollars.

  • Standby Loans shall be made by the Lenders pro rata in accordance with Section 2.

  • Borrowings of more than one Type may be outstanding at the same time; provided, however, that the Borrower shall not be entitled to request any Borrowing which, if made, would result in an aggregate of more than five separate Standby Loans of any Bank being outstanding hereunder at any one time.


More Definitions of Standby Loans

Standby Loans means the revolving loans made by the Lenders to ------------- the Borrowers pursuant to Section
Standby Loans or "Loans" shall mean the revolving loans made by the Banks to the Company pursuant to Section 2.3. Each Standby Loan shall be a Eurodollar Loan or a Base Rate Loan.
Standby Loans means the revolving loans made pursuant to
Standby Loans means the revolving loans made pursuant to Section 2.04(a). Each Standby Loan shall be in Dollars and shall be a
Standby Loans means, collectively, the Standby Tranche A Loans and the Standby Tranche B Loans.
Standby Loans the revolving loans made pursuant to Section 2.4. Each Standby Loan shall be a Eurodollar Standby Loan or an ABR Loan.
Standby Loans means the revolving loans made pursuant to Section 2.04. Each Standby Loan shall be a Eurodollar Standby Loan or an ABR Loan. "subsidiary" shall mean, with respect to any person (the "parent"), any corporation, association or other business entity of which securities or other ownership interests representing more than 50% of the ordinary voting power are, at the time as of which any determination is being made, owned or controlled by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent. "Subsidiary" shall mean a subsidiary of the Company. "Total Commitment" shall mean, at any time, the aggregate amount of Commitments of all the Lenders, as in effect at such time. "Type", when used in respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, "Rate" shall include the LIBO Rate, the Alternate Base Rate and the Fixed Rate. "Voting Shares" shall mean, as to any corporation, outstanding shares of stock of any class of such corporation entitled to vote in the election of directors, excluding shares entitled so to vote only upon the happening of some contingency. "Withdrawal Liability" shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.