Revolving Facility definition

Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

Revolving Facility the Revolving Commitments and the extensions of credit made thereunder.

Revolving Facility as defined in the definition of “Facility”.

Examples of Revolving Facility in a sentence

• Interest accrued on each Advance under the Revolving Facility shall be due and payable in accordance with the procedures provided for in Section 2.2 and Section 2.6, commencing the first Business Day of the first calendar month following the Closing Date, and continuing until the later of the expiration of the Term and the full performance and irrevocable payment in full in cash of the Obligations and termination of this Agreement.

• The Revolving Facility is a revolving credit facility, which may be drawn, repaid and redrawn, from time to time as permitted under this Agreement and the Financing Orders.

• Any sums expended by Xxxxxx as a result of any Borrower's or any Guarantor's failure to pay, perform or comply with any DIP Loan Document or any of the Obligations may be charged to Xxxxxxxx's account as an Advance under the Revolving Facility and added to the Obligations.

• Should any amount required to be paid under any DIP Loan Document be unpaid when due, such amount may be paid by Lender, which payment shall be deemed a request for an Advance under the Revolving Facility as of the date such payment is due, and Borrower irrevocably authorizes disbursement of any such funds to Lender by way of direct payment of the relevant amount, interest or Obligations without necessity of any demand.

• Any balance of Advances under the Revolving Facility outstanding at any time in excess of the Facility Cap then in effect, shall' be immediately due and payable by Borrower without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section 2.6.

More Definitions of Revolving Facility

Revolving Facility means the Revolving Facility Commitments of any Class and the extensions of credit made hereunder by the Revolving Facility Lenders of such Class and, for purposes of Section 9.08(b), shall refer to all such Revolving Facility Commitments as a single Class.

Revolving Facility means the facility under which Borrower may request Bank to issue cash advances, as specified in Section 2.1 hereof.

Revolving Facility means the Revolving Facility Commitments and the extensions of credit made hereunder by the Revolving Facility Lenders.

Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

Revolving Facility shall have the meaning set forth in Section 2.1(a).

Revolving Facility means the Revolving Commitments and the extensions of credit made thereunder.

Revolving Facility means the Revolving Commitments and the Extensions of Credit made thereunder.