Examples of Unused Revolving Loan Commitment in a sentence
Each Lender severally agrees, on the terms and conditions hereinafter set forth, tomake advances (each a “Revolving Loan”) to the Borrowers from time to time on any Business Day during the period from the Agreement Date until the Maturity Date in an amount for each such Revolving Loan not to exceed such Lender’s Unused Revolving Loan Commitment on such Business Day.
The Debtor shall pay all other fees, expenses and charges payable under the Agreement and other Loan Documents (including, but not limited to, reasonable attorneys’ fees of Agent and Lenders), payable as and when due pursuant to the Agreement; provided, however, the Unused Revolving Loan Commitment Fee shall not be payable, as the Revolving Loan Commitment shall be terminated and no longer available for future Revolving Loan advances.
Within the limits of each Lender’s Unused Revolving Loan Commitment in effect from time to time, the Borrowers may borrow under this S ection 2.1(a), prepay pursuant to S ection 2.4 and reborrow under this S ection 2.1(a).
The Equivalent Amount in U.S. Dollars of each Revolving Loan shall be recalculated hereunder on each date on which it shall be necessary to determine the Unused Revolving Loan Commitment, or any or all Loan or Loans outstanding on such date.
A description of the selected tourism subprojects is in the Project Administration Manual (accessible from the list of linked documents in Appendix 2).