Revolving Credit Bank definition

Revolving Credit Bank means the Persons listed under the heading “Revolving Credit Banks” on the signature pages hereof and each other Person that shall have become a party hereto as a “Revolving Credit Bank” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment.

Revolving Credit Bank means a Bank with a Revolving Credit Commitment.

Revolving Credit Bank means each Bank identified in the Commitment Schedule as having a Revolving Credit Commitment and each Assignee which acquires a Revolving Credit Commitment and/or Revolving Credit Loans pursuant to Section 9.06(c), and their respective successors.

Examples of Revolving Credit Bank in a sentence

• The Administrative Agent shall promptly advise the Revolving Credit Banks or Term Loan Banks, as applicable, of any notice given pursuant to Section 2.04(a) and of each applicable Revolving Credit Bank or Term Loan Bank’s portion of any converted or continued Borrowing.

• Each Revolving Credit Bank, severally and for itself alone, on the terms and conditions hereinafter set forth, hereby agrees to make Revolving Credit Advances to the Borrower from time to time on any Business Day prior to the Termination Date in an aggregate amount outstanding not to exceed at any time such Revolving Credit Bank’s Revolving Credit Commitment.

• Reimbursement Obligations and Letter of Credit Borrowings shall be deemed, for purposes of this definition, to be in favor of the Issuing Bank and not a participating Revolving Credit Bank if such Revolving Credit Bank has not made its Participation Advance in respect thereof and shall be deemed to be in favor of such Revolving Credit Bank to the extent of its Participation Advance if it has made its Participation Advance in respect thereof.

• The Company shall pay to the Administrative Agent for account of each Revolving Credit Bank a facility fee on the daily average amount of such Bank's Revolving Credit Commitment (whether or not utilized) for the period from and including the date hereof to but excluding the earlier of the date such Commitment is terminated or the Revolving Commitment Termination Date at a rate per annum equal to the Applicable Facility Fee Rate.

• Upon the effectiveness of any Accession Agreement to which any Increasing Revolving Credit Bank is a party, such Increasing Revolving Credit Bank shall thereafter be deemed to be a party to this Agreement and shall be entitled to all rights, benefits and privileges accorded a Revolving Credit Bank hereunder and subject to all obligations of a Revolving Credit Bank hereunder.

More Definitions of Revolving Credit Bank

Revolving Credit Bank each Bank having an amount greater than zero set forth under the heading "Revolving Credit Commitment" opposite such Bank's name on Schedule 1.1A, as amended or supplemented.

Revolving Credit Bank means any financial institution listed on the signature pages to this Credit Agreement as having a Commitment Amount with respect to Revolving Credit Loans and each other financial institution which, from time to time, becomes a party to this Credit Agreement in accordance with Subsection 10.8(b) hereof and purchases a Commitment Amount with respect to Revolving Credit Loans.

Revolving Credit Bank means, subject to Clause 26.2 (Transfers by Banks), a bank or financial institution listed in Part I of Schedule 1 in its capacity as a participant in the Revolving Credit Facility.

Revolving Credit Bank means each Person which is defined as a Bank under the Revolving Credit Agreement.

Revolving Credit Bank. Any Bank holding a Series A Master Note and whose Revolving Credit Commitment has not been terminated for any reason pursuant to the terms of this Agreement.

Revolving Credit Bank means, as of any date of determination, each Bank that has a Revolving Credit Commitment or, if the Revolving Credit Commitments have terminated or expired, a Bank that holds Revolving Credit Loans or LC Exposure.

Revolving Credit Bank means a “Bank” under and as defined in the Revolving Credit Agreement.