UK Revolving Credit Facility definition

UK Revolving Credit Facility means the facility established by Bank of America pursuant to Section 2.6.1 (UK Revolving Credit Facility).
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UK Revolving Credit Facility means that certain credit agreement, dated as of April 1, 2022, and as may be amended, modified, supplemented, released, discharged, extended, restated or amended and restated from time to time), by and among PRA Group Europe Holdings I S.à x.x, as borrower, PRA Group (UK) Limited and the Company as guarantors, the lenders party thereto and MUFG Bank, Ltd., London Branch, as the administrative agent.
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UK Revolving Credit Facility means, at any time, the aggregate amount of the UK Revolving Credit Lenders' UK Revolving Credit Commitments at such time.
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Examples of UK Revolving Credit Facility in a sentence

  • UK FACILITY A revolving credit and term loan facility (the "UK FACILITY") comprised of the UK Debtors Facility, the UK Revolving Credit Facility and the UK Property Term Loan.

  • After the Closing Date, the Lenders shall not be obligated to make advances under the UK Revolving Credit Facility until after the UK Revolving Credit Facility Trigger Date.

  • OPTIONAL PREPAYMENTS AND The respective Borrowers may, upon COMMITMENT prior written notice, (i) prepay the REDUCTIONS U.S. Facility or the UK Property Term Loan or (ii) reduce the commitments under the UK Debtors Facility or the UK Revolving Credit Facility, in whole at any time or in part from time to time.

  • UK MATURITY DATE The UK Debtors Facility, the UK Revolving Credit Facility and the UK Property Term Loan, shall be repaid in full in cash on the fifth anniversary of the Closing Date (the "UK CREDIT TERMINATION DATE").

  • On behalf of any of the UK Borrowers, GP may request an advance under the UK Revolving Credit Facility in Euros or Sterling to be made on any Business Day.

  • Advances under the UK Revolving Credit Facility shall be made in minimum amounts of 100,000 Euros or Sterling, as applicable and in integral multiples of 100,000 Euros or Sterling, as applicable.

  • The aggregate of all advances under the UK Revolving Credit Facility is sometimes referred to in this Agreement as the “UK Revolving Loan”.

  • The aggregate of all advances under the UK Revolving Credit Facility is sometimes referred to in this Agreement collectively as the "UK Revolving Loan".

  • During the UK Revolving Credit Commitment Period, the Lender agrees to make advances under the UK Revolving Credit Facility in accordance with the provisions of this Agreement; provided that after giving effect to any request duly made pursuant to this Agreement, the aggregate outstanding principal balance of the UK Revolving Loan would not exceed the UK Revolving Credit Committed Amount.

  • Xxxxx UK and/or NIM Holdings may borrow under the UK Revolving Credit Facility on any Business Day.

Related to UK Revolving Credit Facility

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

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Refinancing Revolving Credit Commitments has the meaning specified in Section 2.15(a).

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

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

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

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

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

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

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

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • 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.

  • Total Revolving Credit Commitment means, at any time, the aggregate amount of the Revolving Credit Commitments, as in effect at such time. The initial Total Revolving Credit Commitment is $90,000,000.

  • 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.