Tranche A Revolving Credit Loan definition

Tranche A Revolving Credit Loan has the meaning specified in Section 2.01(c).
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Tranche A Revolving Credit Loan or a “Revolving Credit Loan”) from time to time, on any Business Day until the Maturity Date for the Revolving Credit Facility, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, each Borrower may borrow under this Section 2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Revolving Credit Loans denominated in Alternative Currencies must be Eurocurrency Rate Loans, as further provided herein.
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Tranche A Revolving Credit Loan as provided in subsection 2.1(a).
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Examples of Tranche A Revolving Credit Loan in a sentence

  • Such fee shall be allocated between the Tranche A Revolving Credit Loan Banks and the Tranche B Revolving Credit Loan Banks based on such Banks earning a commission equal to the Applicable Revolving Margin for Tranche A Revolving Credit Loans and the Applicable Re-volving Margin for Tranche B Revolving Credit Loans, respectively, and then ratably in proportion to their Total Exposures.

  • All Tranche A Revolving Credit Loans outstanding on April 1 of each year shall be automatically converted to Incremental Revolving Loans in accordance with and to the extent required by the prior sentence, and all Incremental Revolving Credit Loans outstanding on October 2 of each year shall be automatically repaid by the making of a Tranche A Revolving Credit Loan in accordance with the prior sentence.

  • The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Tranche A Revolving Credit Loan, Tranche B Revolving Credit Loan, Swing Loan, or Term Loan, each of which constitutes a Class.

  • The Designated Lockbox Bank shall have the rights and obligations of the Collateral Agent in respect of the Collateral Account specified in Section 5 of this Agreement, provided that if an Event of Default has occurred and is continuing, the Designated Lockbox Bank shall exercise such rights and perform such obligations at the direction of the Collateral Agent.

  • A Tranche A Revolving Credit Loan made by the Bank to Oglebay Norton Company described in the Loan Agreement, referred to in the within Note, and payments of principal of such Loan.

  • The outstanding balance of each Tranche A Revolving Credit Loan, as evidenced by any such Tranche A Revolving Credit Note, shall mature and be due and payable on the Revolving Credit Termination Date.

  • For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "Tranche A Revolving Credit Loan", "Tranche B Revolving Credit Loan", "Tranche C Term Loan" or "Tranche D Term Loan") or by Type (e.g., an "Base Rate Loan" or a "Eurodollar Loan") or by Class and Type (e.g., a "Eurodollar Tranche A Revolving Credit Loan" or a "Base Rate Tranche A Revolving Credit Loan").

  • The Tranche A Revolving Credit Commitments shall terminate and each Bank shall be relieved of its obligations to make any Tranche A Revolving Credit Loan on the Tranche A Commitment Termination Date.


More Definitions of Tranche A Revolving Credit Loan

Tranche A Revolving Credit Loan means a Loan made by a Tranche A Revolving Credit Lender to the Borrower pursuant to Section 2.01(b).
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Tranche A Revolving Credit Loan has the meaning specified in 2.01(b)(i).
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Tranche A Revolving Credit Loan means a Revolving Credit Loan made pursuant to Sections 2.01(a) and 2.02 hereof.
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Tranche A Revolving Credit Loan or a “Revolving Credit Loan”) from time to time, on any Business Day until the Maturity Date for the Revolving Credit Facility, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, each Borrower may borrow under this Section
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Related to Tranche A Revolving Credit Loan

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Credit Loans as defined in Section 2.1.

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

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

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

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

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

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

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

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

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.