Revolving Loan Account definition

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

Revolving Loan Account means the loan account on the Administrative Agent’s books, in the name of the Borrower Representative on behalf of the Borrowers, in which the Borrowers will be charged with all Obligations when due or incurred by the Administrative Agent or any Lender.

Revolving Loan Account means the account on CIT's books, in the Company's name, in which the Company will be charged with all Obligations under this Financing Agreement.

Examples of Revolving Loan Account in a sentence

• This application must be sent to us within 30 days of the accident date if your original notice to us was not in writing.You are entitled to receive health service benefits without any time limit if it is possible to determine during the first year after the accident that further health services may be required after the first year.

• Revolving loan account for rehabilitation of railroad branch linesAll Sections Jul.

• That the Auburn City Council does authorize a transfer of $200,000 from Sewer Fund Balance to the Sewer Fund Revolving loan account HG8120.440.003.

• Activity from June 12 through July 12th includes:o Three client repayment installments were processed, totaling $170.33.o Revolving loan account current balance is $4,000.01.o To date, during Calendar Year 2018, ten households comprised of 32 total individuals have been assisted with establishing a home through this micro-loan program.

More Definitions of Revolving Loan Account

Revolving Loan Account shall have the meaning assigned in Section ------- 2.3 hereof. ---

Revolving Loan Account is defined in Section 2.1.4.

Revolving Loan Account means the account on the books of the Agent in the name of the Borrower in which the following shall be recorded: Advances made by the Lenders to and for the account of the Borrower pursuant to Section 2 of this Agreement; all other charges, expenses and other items properly chargeable to the Borrower with respect to such Advances; all Costs with respect to such Advances; all payments made by the Borrower on account of Indebtedness evidenced by the Revolving Credit Notes; and other appropriate debits and credits.

Revolving Loan Account means an arrangement between a lender and a debtor pursuant to which:

Revolving Loan Account means an agreement pursuant to which

Revolving Loan Account means the account on the books of the Lender in which will be recorded Revolving Loans made by the Lender to the Borrower pursuant to this Agreement, payments made on such Revolving Loans and other appropriate debits and credits as provided by this Agreement.

Revolving Loan Account means an arrangement between a lender and a debtor pursuant to which (1) the lender may permit the debtor to obtain loans from time to time, (2) the unpaid balances of principal and the loan finance and other appropriate charges are debited to an account, (3) a loan finance charge if made is not precomputed but is computed on the outstanding unpaid balances of the debtor’s account from time to time, and (4) the debtor has the privilege of paying the balances in installments.