Supplemental Revolving Loans definition

Supplemental Revolving Loans means, individually and collectively, each of the loans by each of the Supplemental Revolving Lenders to the Borrower in accordance with Section 2.1(d), which Supplemental Revolving Loans shall from time to time be comprised of Prime Rate Loans or Eurodollar Rate Loans or any combination of the foregoing.

Supplemental Revolving Loans is defined in Section 1.5 hereof.

Supplemental Revolving Loans has the meaning defined in Section 2.1(b).

Examples of Supplemental Revolving Loans in a sentence

• Nothing herein shall limit the Agent's or any Lender's right to recover or realize from the Collateral or Mortgaged Property located in the State of Florida amounts in excess of that allocated to the Revolving Loans, Supplemental Revolving Loans and Swing Line Loans or to apply amounts so recovered or realized against the Obligations in such order as required pursuant to the Loan Documents.

• Subject to the earlier acceleration or prepayment of the Supplemental Revolving Loans as permitted or required by this Agreement, the Borrower shall repay all Supplemental Revolving Loans then outstanding on the Supplemental Revolver Termination Date.

• Prior to the Supplemental Revolver Termination Date, Supplemental Revolving Loans may be repaid and reborrowed by the Borrower in accordance with the provisions hereof.

• If at any time the aggregate principal amount of all Supplemental Revolving Loans outstanding for all Supplemental Revolving Lenders exceeds the aggregate of the Supplemental Revolving Loan Commitments of the Supplemental Revolving Lenders then in effect, the Borrower shall immediately prepay the Supplemental Revolving Loan Obligations in an aggregate principal amount equal to such excess together with any accrued but unpaid interest with respect to such excess.

• Each conversion or continuation of Supplemental Revolving Loans shall be allocated among the Supplemental Revolving Loans of the Supplemental Revolving Lenders in accordance with their respective Supplemental Revolving Loan Pro Rata Shares.

• The Agent shall as promptly as practicable give each Revolving Lender and Supplemental Revolving Lender written notice (or telephonic notice confirmed in writing) of each proposed Borrowing with respect to Revolving Loans and Supplemental Revolving Loans, of such Revolving Lender's Revolving Loan Pro Rata Share thereof, of such Supplemental Revolving Lender's Supplemental Revolving Loan Pro Rata Share thereof and of the other matters covered by the Notice of Borrowing.

• For purposes of this Section, Supplemental Revolving Loans shall be deemed a utilization of the Acquisition Financing Commitments.

• The Borrower and the Supplemental Revolving Lenders acknowledge the making of the Supplemental Revolving Loans which are outstanding on the Restatement Date in accordance with the terms of the Existing Credit Agreement and agree that such Supplemental Revolving Loans shall continue to be outstanding pursuant to the terms and conditions of this Agreement and the other Loan Documents.

• The Administrative Agent shall credit the amounts so received to the general deposit account of the Company with the Administrative Agent or, if a Borrowing shall not occur on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the respective Lenders (including, in the case of Supplemental Revolving Loans, by returning such amounts to the Supplemental Revolving Credit Linked Accounts).

• The Agent shall promptly give the Borrower written or telephonic notice as to the aggregate principal amount of Revolving Loans and Supplemental Revolving Loans for each Borrowing as determined by the Agent pursuant to Section 2.

More Definitions of Supplemental Revolving Loans

Supplemental Revolving Loans means a "Revolving Loan" (as such term is defined in the Supplemental Credit Agreement).

Supplemental Revolving Loans means the revolving loans made to the Company pursuant to Section 2.01(f). Each Supplemental Revolving Loan shall be a Eurodollar Supplemental Revolving Loan or an ABR Supplemental Revolving Loan.

Supplemental Revolving Loans means, individually and collectively, each of the loans by each of the Supplemental Revolving Lenders to the Borrower in accordance with SECTION 2.1(d), which Supplemental Revolving Loans shall from time to time be comprised of Prime Rate Loans or Eurodollar Rate Loans or any combination of the foregoing.

Supplemental Revolving Loans means the loans now or hereafter made by Lender to or for the benefit of Borrower on a revolving basis (involving advances, repayments and readvances) as set forth in Section 2.3 hereof.

Supplemental Revolving Loans outstanding immediately prior to the effectiveness of this Agreement, in each case as such terms are defined in the Existing Credit Agreement.

Supplemental Revolving Loans means a loan made pursuant to Section 2.01(d).