Revolving Credit Advance definition

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 Credit Advance has the meaning specified in Section 2.01(a).
Revolving Credit Advance means a borrowing requested by the Borrower and made by the Revolving Credit Lenders under Section 2.1 of this Agreement, including without limitation any readvance, refunding or conversion of such borrowing pursuant to Section 2.3 hereof and any deemed disbursement of an Advance in respect of a Letter of Credit under Section 3.6(c) hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Examples of Revolving Credit Advance in a sentence

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

  • Agent shall notify the Swing Line Lender upon Agent's receipt of any Notice of Revolving Credit Advance.

  • As such, it may not be possible to synchronize the pricing of electricity with classification decided by the Industries Department.

  • If such Lender shall repay to the Agent such corresponding amount, such amount so repaid shall constitute such Lender's Revolving Credit Advance as part of such Revolving Credit Borrowing for purposes of this Agreement.

  • Each Revolving Credit Advance shall be made on notice by Borrower to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein.


More Definitions of Revolving Credit Advance

Revolving Credit Advance means an advance by a Lender to the Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a "Type" of Revolving Credit Advance).
Revolving Credit Advance has the meaning specified in Section 2.01(c).
Revolving Credit Advance means any Revolving Credit Loan and any Letter of Credit Advance.
Revolving Credit Advance means an advance by a Lender to any Borrower under Section 2.01(a).
Revolving Credit Advance means an Advance made pursuant to Section 2.1(a) hereof.
Revolving Credit Advance has the meaning ascribed to it in Section ------------------------ ------- 1.1(a)(i). ---------