Tranche 2 Revolving Loans definition

Tranche 2 Revolving Loans has the meaning assigned to such term in Section 2.01(a).
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Tranche 2 Revolving Loans means the portion of the Revolving Loans held by the Tranche 2 Revolving Lenders.
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Tranche 2 Revolving Loans means Revolving Loans made in respect of Tranche 2 Revolving Commitments.
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Examples of Tranche 2 Revolving Loans in a sentence

  • If at any time the aggregate principal amount of all outstanding Tranche 2 Revolving Loans exceeds the aggregate amount of the Tranche 2 Revolving Commitments (except due to Currency fluctuations which is governed by clause (iii) below), the Borrower shall immediately upon demand pay to the Administrative Agent for the account of the Tranche 2 Revolving Lenders, the amount of such excess.

  • Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Tranche 2 Revolving Loans.

  • Amounts paid under the preceding subsections (b)(i)(B) and (b)(iii) (in the case of any prepayment of Tranche 2 Revolving Loans) shall be applied to pay all amounts of principal outstanding on the Tranche 2 Revolving Loans pro rata in accordance with Section 3.2. Amounts paid under the preceding subsection (b)(ii) shall be applied in accordance with Section 3.2.(g).

  • Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.16., each Tranche 2 Revolving Lender severally and not jointly agrees to make Tranche 2 Revolving Loans in a Tranche 2 Currency to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Tranche 2 Revolving Lender’s Tranche 2 Revolving Commitment.

  • Notwithstanding the immediately preceding two sentences but subject to Section 2.16., a borrowing of Tranche 2 Revolving Loans may be in the aggregate amount of the unused Tranche 2 Revolving Commitments.

  • During the Revolving Commitment Period (i) QVC may use the Tranche 1 Revolving Commitments and Tranche 3 Revolving Commitments by borrowing, prepaying the Tranche 1 Revolving Loans and Tranche 3 Revolving Loans, respectively, in whole or in part, and reborrowing, and (ii) QVC and zulily may each use the Tranche 2 Revolving Commitments by borrowing, prepaying the Tranche 2 Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

  • Each Tranche 2 Revolving Loan shall be made as part of a Borrowing consisting of Tranche 2 Revolving Loans made by the Tranche 2 Lenders ratably in accordance with their respective Tranche 2 Participation Percentages.

  • The Borrower shall prepay any Tranche 2 Revolving Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Tranche 2 Revolving Loans ratable with any revised Tranche 2 Participation Percentages arising from any nonratable increase in the Tranche 2 Commitments under this Section.

  • The Swing Line Loans shall bear interest at the Alternate Base Rate plus the Applicable ABR Margin then applicable to ABR Tranche 2 Revolving Loans.

  • All Tranche 2 Revolving Loans shall be converted into Tranche 2 Converted Term Loans on the Tranche 2 Conversion Date PRO RATA on the basis of each Bank's Tranche 2 Revolving Loan Commitment and, following the Tranche 2 Conversion Date, all Borrowings of Tranche 2 Converted Term Loans shall be incurred by the Borrower from the Banks PRO RATA on the basis of their Tranche 2 Converted Term Loans.

Related to Tranche 2 Revolving Loans

  • New Revolving Loans as defined in Section 2.25.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.