US Notice of Revolving Credit Advance definition

US Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(c)(i).
Sample 1Sample 2Sample 3

Examples of US Notice of Revolving Credit Advance in a sentence

  • Notice of Revolving Credit Advance, US Notice of Revolving Credit Advance, Notice of Conversion/Continuation – LIBOR or similar notice believed by Agent to be genuine.

  • Seasonal Facility; provided, that if LLTC has certified to the Agent in the applicable US Notice of Revolving Credit Advance that all or a portion of the proceeds of the related US Revolving Credit Advance will be directly applied to retire any obligation described in clause (ii) above, then such obligation will not be counted in determining availability for such Advance.

  • Each such notice (a "US Notice of Revolving Credit Advance") must be given in writing (by electronic mail or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such Exhibit.

  • Notice of Revolving Credit Advance, US Notice of Revolving Credit Advance, Notice of Conversion/Continuation - LIBOR or similar notice believed by Agent to be genuine.

  • Each US Swing Line Advance shall be made pursuant to a US Notice of Revolving Credit Advance delivered to Agent by Lower Lakes in accordance with Section 1.1(c).

  • Agent and Fronting Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any U.S. Notice of Revolving Credit Advance, European Notice of Revolving Credit Advance, Notice of Conversion/Continuation or similar notice believed by Agent or Fronting Lender to be genuine.

  • Duly executed originals of a U.S. Notice of Revolving Credit Advance and a European Notice of Revolving Credit Advance, each dated the Closing Date, with respect to the initial Revolving Credit Advances to be requested by U.S. Borrower and European Borrower on the Closing Date.

  • Duly executed originals of a U.S. Notice of Revolving Credit Advance and a Notice of European Revolving Credit Advance, each dated the Closing Date, with respect to the initial Revolving Credit Advances to be requested by U.S. Borrower and European Borrowers on the Closing Date.

  • Each US Swing Line Advance shall be made pursuant to a US Notice of Revolving Credit Advance delivered to Agent by LLTC in accordance with Section 1.1(c).

  • If the Swing Line Lender declines to make a Swing Line Loan or if Swing Line Availability is zero, Administrative Agent shall notify Revolving Lenders, promptly after receipt of a U.S. Notice of Revolving Credit Advance and in any event prior to 1:00 p.m. (New York time) on the date such U.S. Notice of Revolving Advance is received, by telecopy, telephone or other similar form of transmission.

Related to US Notice of Revolving Credit Advance

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • 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.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

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

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

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

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

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

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

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

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

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

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

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • 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).

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

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

  • 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.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.