Class A Revolving Loan definition

Class A Revolving Loan means a Loan made by a Class A Revolving Lender to Company pursuant to Section 2.1.
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Class A Revolving Loan means (a) each Revolving Loan outstanding under (and as defined in) the Existing Credit Agreement as of the Restatement Effective Date as to which the Lender is a Class A Lender and (b) a Loan made on or after the Restatement Effective Date pursuant to Section 2.01(a).
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Class A Revolving Loan each Revolving Loan made by a Class A Lender.
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Examples of Class A Revolving Loan in a sentence

  • We are broadly supportive of the proposal to allow solicitors to enter into enforceable damages based agreements, subject to appropriate safeguards.

  • If a Class A Revolving Conduit Lender in its sole discretion elects to not fund a Loan requested in a Funding Notice, any Class A Revolving Loan requested by the Borrower in such Funding Notice to the Facility Agent shall be made by the Class A Revolving Committed Lenders on a pro rata basis in accordance with their respective Pro Rata Share of such Class A Revolving Loan.

  • Additionally, the Class A Revolving Committed Lenders shall not be obligated to fund the amount of any excess of a requested Class A Revolving Loan over the Class A Revolving Maximum Amount.

  • Class A Revolving Lender Class A Revolving Loan Commitment Pro Rata Share The Royal Bank of Scotland PLC $ 225,000,000 13.501350135 % Bank of America, N.A. $ 195,000,000 11.701170117 % Xxxxx Fargo Bank, N.A. $ 121,500,000 7.290729073 % Wachovia Bank, National Association $ 103,500,000 6.210621062 % Mizuho Corporate Bank, Ltd.

  • Each such request for borrowing shall be irrevocable and shall specify (A) that a Class A Revolving Loan or a Class B Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed, and (D) whether the borrowing shall be comprised of Prime Rate Loans, Eurodollar Loans or a combination thereof, and if Eurodollar Loans are requested, the Interest Period(s) therefor.

  • The Administrative Agent shall have received copies of this Agreement, the Asset Purchase Agreement, the Servicing Agreement, the Backup Servicing Agreement, the Custodial Agreement, a Class A Revolving Loan Note for each Class A Revolving Lender requesting a Class A Revolving Loan Note and each Fee Letter dated as of the Amendment Effective Date (collectively, the “Credit Document Amendments”), originally executed and delivered by each applicable Person.

  • I shall highlight them when I deal with this issue later on in the Judgment.

  • The failure of any Class A Revolving Committed Lender to make Class A Revolving Loans hereunder shall not release the obligations of any other Class A Revolving Committed Lender to make Loans hereunder, but no Class A Revolving Committed Lender shall be responsible for the failure of any other Class A Revolving Committed Lender to make any Class A Revolving Loan hereunder.

  • Each Class A Revolving Lender will make its Commitment Percentage of each Class A Revolving Loan borrowing available to the Agent for the account of the Borrower at the office of the Agent specified in Schedule 11.2, or at such other office as the Agent may designate in writing, by 1:30 P.M. (Milwaukee, Wisconsin time) on the date specified in the applicable Notice of Borrowing in Dollars and in funds immediately available to the Agent.


More Definitions of Class A Revolving Loan

Class A Revolving Loan means a Revolving Credit Loan made by any Class A Revolving Lender pursuant to its Class A Revolving Commitment.
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Class A Revolving Loan means a Revolving Credit Loan made by any Class A Revolving Lender pursuant to its Class A Revolving Commitment. “Class B Revolving Commitment” means (a) on or afterprior to the Amendment No. 511 Effective Date, with respect to each Original Class B Revolving Lender, its Original Class B Revolving Commitment and (b) on and after the Amendment No. 11 Effective Date, (i) with respect to any Revolving Lender that is party to Amendment No. 5not a Submitting Revolving Lender, the amount set forth onunder Schedule I-B to1-B of Amendment No. 5 opposite such Xxxxxx’s name as such Xxxxxx’s Commitment under the heading “Class B Revolving Commitments,” which Commitment shall terminate on the Revolving Maturity Date, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof11, (bii) in the case of any Lender that receives an assignment of any portion of a Class B Revolving Commitment, the amount specified as such Lender’s “Class B Revolving Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Class B Revolving Commitment, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof and (ciii) in the case of any Class B Revolving Lender that increases its Class B Revolving Commitment or becomes an Incremental Revolving Credit Commitment Increase Lender, in each case pursuant to Section 2.20, the amount specified in the applicable Incremental Agreement, in each case under this clause (b), as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof. As of Amendment No. 511 Effective Date, the aggregate amount of the Class B Revolving Commitments outstanding is $170,000,00023,000,000. “Class B Revolving Facility” means the revolving credit facility represented by the Class B Revolving Commitments.
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Class A Revolving Loan means a loan made by a Class A Lender to Company pursuant to
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Class A Revolving Loan. A Revolving Loan funded or maintained by a Class A Lender.
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Class A Revolving Loan means a Loan made by a Class A Revolving Lender to the Borrower pursuant to Section 0. “Class A Revolving Maximum Amount” means the total Class A Revolving Committed Maximum Amounts and the total Class A Revolving Conduit Maximum Amounts, provided however, for greater certainty, that the Class A Revolving Maximum Amount shall not, at any given time, exceed Four Hundred and Fifty Million Dollars ($450,000,000). “Class A Undrawn Fee” means, [***] “Class B Agent” as defined in the preamble hereto. “Class B Applicable Margin” means [***] “Class B Base Margin” means [***] “Class B Borrowing Base” means, as of any day, an amount equal to the lesser of: (a) (i) the Applicable Class B Advance Rate, multiplied by the Aggregate Adjusted EPOB pertaining to Eligible Loan Assets at such time plus (ii) the aggregate amount of Collections in the Waterfall Account after giving effect to the application of available funds in accordance with Section 0 on the next following Distribution Date, minus (iii) the Total Utilization of Class A Revolving Maximum Amount; and (b) the total Class B Revolving Commitments on such day.
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Related to Class A Revolving Loan

  • 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 Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • 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).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • 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.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

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

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.