Aggregate Revolving Advances definition

Aggregate Revolving Advances means, at any time, the aggregate outstanding principal amount of all Revolving Advances from the Lender to the Borrower.
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Aggregate Revolving Advances has the meaning given to such term in Section 1.123.
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Examples of Aggregate Revolving Advances in a sentence

  • The Borrower shall also repay the Aggregate Revolving Advances in part from time to time in such principal amounts as may be necessary to ensure that the Aggregate Revolving Advances at no time exceed the Maximum Revolving Credit.

  • During a continuing Event of Default, at the Lender’s option, the outstanding principal balance of the Aggregate Revolving Advances shall accrue interest at the default rate of interest set forth in Section 5 of the Note, as more particularly provided therein.

  • Subject to the terms and conditions hereinafter set forth and so long as no Default Event or Event of Default exists under this Agreement, Lender will make loans to the Borrower (each, a “Revolving Advance”) in such amounts as requested by the Borrower, provided that no Revolving Advance shall be made under the Revolving Note if such Revolving Advance, together with the Aggregate Revolving Advances, would exceed the Maximum Revolving Credit.

  • As to a Consultant, the time when the engagement of a Holder as a Consultant to the Company or a Subsidiary is terminated for any reason, with or without cause, including, without limitation, by resignation, discharge, death, or retirement, but excluding terminations where the Consultant simultaneously commences or remains in employment or service with the Company or any Subsidiary.

  • Their respective business models might differ in detail, but there are three common features.The first common feature of online marketplaces is that they do not them‐ selves conduct the funerals, but instead contract existing funeral parlours from across the country.

  • Changes in the rate of interest applicable to the Aggregate Revolving Advances occurring as a result of changes in the Prime Rate shall take place immediately without notice to the Borrower or demand of any kind.

  • Loan proceeds under this Note shall be advanced as a revolving line of credit loan, such that, prior to the Expiration Date and provided that Borrower complies with the terms and conditions of the Loan Documents, the Borrower may, from time to time, borrow, re-pay, and re-borrow principal under the Note, so long as the Aggregate Revolving Advances do not exceed the Maximum Revolving Credit.

  • Closure 187 1 Declaration of openingMayor Karen Vernon opened the meeting at 6:30pm.

  • This coupled with the lack of infrastructure and technological preparedness to predict and cope with natural disasters has led to a large-scale devastation on a periodic basis.

  • However, section 8 of the Charter will not be engaged in respect of promoting equality on the basis of the new protected attribute (‘profession, trade or occupation’) until after the Bill’s proposed amendments are in force.

Related to Aggregate Revolving Advances

  • Revolving Advances means Advances made other than Letters of Credit.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The initial amount of the Aggregate Revolving Commitments in effect on the Closing Date is $350,000,000.

  • Aggregate Revolving Commitment means the sum of the Revolving Commitments of all the Revolving Lenders.

  • Revolving Advance has the meaning given in Section 2.1.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Aggregate Revolving Credit Outstandings shall have the meaning provided in Section 5.2(b).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • 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.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).