Revolver Loan. During any Default or Event of Default, Agent may (and shall at the direction of Required Lenders) declare that no Loan may be made, converted or continued as a Tranche A LIBOR Revolver Loan. During any Default or Event of Default, Agent may (and shall at the direction of Required Lenders) declare that no Loan may be made, converted or continued as a Tranche A-1 LIBOR Revolver Loan.
Revolver Loan a Revolver Loan made by a U.S. Lender to the U.S. Borrower pursuant to Section 2.1.1(a), and any U.S. Swingline Loan, which Loan shall be denominated in Dollars and shall be either a U.S. Base Rate Loan or a LIBOR Loan, in each case as selected by Loan Party Agent, and any U.S. Overadvance Loan and any Protective Advance made by the Agent as a U.S. Base Rate Revolver Loan pursuant to Section 2.1.6.
Revolver Loan a US Revolver Loan or a UK Revolver Loan, as the context requires. Revolver Termination Date: March 31, 2019. Revolver Usage: the sum of the US Revolver Usage and the UK Revolver Usage. Royalties: all royalties, fees, expense reimbursement and other amounts payable by any Obligor or its respective Subsidiaries under a License.
Revolver Loan a loan made by Lenders as provided in Section 2.1 of this Agreement (including any Out-of-Formula Loan) or a Swingline Loan funded solely by BofA or a Protective Advance. Revolver Note — a Revolver Note to be executed by Borrowers in favor of each Lender in the form of Exhibit A attached hereto, which shall be in the face amount of such Lender’s Revolver Commitment and which shall evidence all Revolver Loans (other than Swingline Loans) made by such Lender to Borrowers pursuant to this Agreement. Royalties — with respect to a License Agreement, all royalties, fees, expense reimbursement and other amounts at any time owing by an Obligor under such License Agreement. S&P — Standard & Poor’s Ratings Group, a division of XxXxxx-Xxxx, Inc. Schedule of Accounts — as defined in Section 8.2.1 of this Agreement. SEC — Securities and Exchange Commission. Secured Parties — Agent, Issuing Bank, Lenders (including BofA as the provider of Swingline Loans) and BofA or any other Lender (and any Affiliate of BofA or such Lender) as the provider of any Bank Products. Security Documents — each Mortgage, each Guaranty, each Pledge Agreement, the Canadian Security Agreement, the Trademark Security Agreement, the Control Agreements, the Business Interruption Insurance Assignment and all other instruments and agreements now or at any time hereafter securing the whole or any part of the Obligations.
Revolver Loan. Loan Account: the loan account established by each Lender on its books pursuant to Section 5.8. Loan Documents: this Agreement, Other Agreements and Security Documents.
Revolver Loan a loan made by Lenders as provided in Section 2.1 (including any Out-of-Formula Loan) or a Swingline Loan funded solely by BofA. S&P — Standard & Poor’s Ratings Group, a division of XxXxxx-Xxxx, Inc. Schedule of Accounts — as defined in Section 8.2.1. SEC — Securities and Exchange Commission. Secured Parties — Agent, Issuing Bank, Lenders (including BofA as the provider of Swingline Loans) and any Lender (and any Affiliate of any Lender) as the provider of any Bank Products.
Revolver Loan. Tranche A-1 Revolver Note — a promissory note to be executed by Borrowers in favor of a Lender in the form of Exhibit B, which shall be in the amount of such Lender’s Tranche A-1 Revolver Commitment and shall evidence the Tranche A-1 Revolver Loans made by such Lender. Transferee — any actual or potential Eligible Assignee, Participant or other Person acquiring an interest in any Obligations. Trigger Event — any date on which (a) an Event of Default occurs or (b) an Excess Availability Trigger Event occurs. Trigger Event Period — any period (a) commencing upon the occurrence of a Trigger Event and (ii) ending on a Trigger Event Termination Date. Trigger Event Termination Date — any date during a Trigger Event Period on which (a) with respect to a Trigger Event resulting from the occurrence of an Event of Default, all Events of Default have been waived or remedied in accordance with the terms of the Loan Documents or (b) with respect to an Excess Availability Trigger Event, Excess Availability for a period of ninety (90) consecutive calendar days exceeds the greater of (i) $90,000,000 or (ii) 17.5% of the lesser of (x) the Tranche A Revolver Commitments, plus the Tranche A-1 Revolver Commitments or (y) the Tranche A Borrowing Base, plus the Tranche A-1 Borrowing Base; provided, however, that in no event shall a Trigger Event Termination Date be deemed to have occurred (and a Trigger Event Period may not end) more than two (2) times during any period of twelve (12) consecutive months. Type — any type of a Loan (i.e., Base Rate Loan or LIBOR Loan) that has the same interest option and, in the case of LIBOR Loans, the same Interest Period. UCC — the Uniform Commercial Code as in effect in the State of New York or, when the laws of any other jurisdiction govern the perfection or enforcement of any Lien, the Uniform Commercial Code of such jurisdiction. Unused Line Fee Rate — for any Fiscal Quarter, the applicable percentage per annum set forth below determined by reference to the Total Facility Usage Ratio for the prior Fiscal Quarter: Total Facility Usage Level Ratio Unused Fee I Greater than or equal to 66% 0.50 % II Greater than 33% but less than 66% 0.75 % III Less than or equal to 33% 1.00 % Prior to the beginning of the first full Fiscal Quarter after the Closing Date, the Unused Line Fee Rate shall be determined as if Level II were applicable. Thereafter, the Unused Line Fee Rate shall be subject to increase or decrease on a Fiscal Quarter basis. Not mor...
Revolver Loan. Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make Revolver Advances to the Borrower on a Business Day during the period from the Closing Date to the Maturity Date, in an aggregate principal amount not to exceed at any time outstanding such Lender's Revolver Specified Percentage of the difference between the Revolver Commitment and the sum of the undrawn face amount of all outstanding Letters of Credit, plus reimbursement obligations under Article III hereof (or if any Letters of Credit or reimbursement obligations are denominated in a currency other than Dollars, the Dollar equivalent of such currency). Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow the Revolver Advances; provided, however, that at no time -------- ------- shall the sum of (i) all outstanding Revolver Advances, plus (ii) the undrawn face amount of all outstanding Letters of Credit (or if any Letter of Credit is denominated in a currency other than Dollars, the Dollar equivalent of such currency), plus (iii) reimbursement obligations under Article III hereof (or if any reimbursement obligation is denominated in a currency other than Dollars, the Dollar equivalent of such currency)exceed the Revolver Commitment.
Revolver Loan. Tranche A-1 Revolver Note — a promissory note to be executed by Borrowers in favor of a Lender in the form of Exhibit B, which shall be in the amount of such Lender’s Tranche A-1 Revolver Commitment and shall evidence the Tranche A-1 Revolver Loans made by such Lender. Transferee — any actual or potential Eligible Assignee, Participant or other Person acquiring an interest in any Obligations. Trigger Event — as defined in Section 5.6. Type — any type of a Loan (i.e., Base Rate Loan or LIBOR Loan) that has the same interest option and, in the case of LIBOR Loans, the same Interest Period. UCC — the Uniform Commercial Code as in effect in the State of New York or, when the laws of any other jurisdiction govern the perfection or enforcement of any Lien, the Uniform Commercial Code of such jurisdiction. Upstream Payment — a Distribution by a Subsidiary or any Obligor to any Obligor. Value — for Inventory, its value determined on the basis of the lower of cost or market, calculated on a first-in, first-out basis. Voting Stock - of any Person as of any date means the capital stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.
Revolver Loan. The Revolver Loan, including, without ------------- limitation, the Revolver Loan Prepayment Premium (as defined in the Revolver Loan Agreement) and the unpaid Revolver Loan Fees shall be paid pursuant to the provisions of Revolver Loan Agreement.
