Committed Revolving Loan Facility definition

Committed Revolving Loan Facility means, at any time, the aggregate amount of the Lenders’ Commitments in respect of Committed Revolving Loans at such time.
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Examples of Committed Revolving Loan Facility in a sentence

  • The Group continued to maintain its focus on cash and working capital management during the financial year and had anticipated that it would be debt neutral at the year end, but higher than originally anticipated cash outflows in relation to integration and restructuring costs resulted in the Group retaining a net debt position, albeit at the low level of €6.3 million / 0.07 times EBITDA (calculated in accordance with the Committed Revolving Loan Facility Agreements), at the year end.

  • If, following the Closing, Deferred Closing or Deferred Retained Closing, as applicable, any right, property or asset not forming part of the Business is found to have been transferred to or retained by Purchaser or any of its Affiliates in error, either directly or indirectly, Purchaser shall transfer, or shall cause its Affiliates (including the Target Entities) to transfer, at no cost, such right or property as soon as practicable to the Seller Entity indicated by Seller.

Related to Committed Revolving Loan Facility

  • 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

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

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

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

  • 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).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • 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 Commitments means such commitments of all Lenders in the aggregate.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

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

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • New Revolving Loans as defined in Section 2.25.

  • 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.

  • 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.

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

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.14(h).

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