US Revolving Advance definition

US Revolving Advance means an advance by a US Revolving Lender to the US Borrower as a part of a Borrowing pursuant to Section 2.1(a) and refers to either a US Base Rate Advance or a Eurocurrency Advance. Each US Revolving Advance denominated in a Foreign Currency and made to the US Borrower shall be a Eurocurrency Advance.
US Revolving Advance means any advance by a Bank to the Company as part of a U.S. Revolving Borrowing and refers to a U.S. Base Rate Advance or a Eurodollar Rate Advance.
US Revolving Advance means an advance of funds pursuant to Article II.

Examples of US Revolving Advance in a sentence

  • No Borrower may select any Interest Period for any French Revolving Advance or U.S. Revolving Advance which ends after the applicable Maturity Date for such French Revolving Advances or U.S. Revolving Advances.

  • The Borrowers obligated thereon shall repay the outstanding principal amount of each U.S. Revolving Advance and each French Revolving Advance on the Maturity Date applicable to such Advances.

  • The "Class" of an Advance refers to the determination of whether such Advance is a U.S. Term Advance, French Term Advance, Spanish Term Advance, U.S. Revolving Advance or a French Revolving Advance, each of which constitutes a Class.


More Definitions of US Revolving Advance

US Revolving Advance means a loan of funds by a US Bank to G&K Inc. under the US Revolving Facility, including both US Floating Rate Advances and Eurodollar Advances made thereunder.
US Revolving Advance has the meaning assigned to that term in subsection 2.1(A).

Related to US Revolving Advance

  • Revolving Advance has the meaning given in Section 2.1.

  • U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

  • Revolving Advances means Advances made other than Letters of Credit.

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

  • Maximum Revolving Advance Amount means $30,000,000.

  • 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.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

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

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

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

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • 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.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

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

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Restatement Date is $265,000,000.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.