Domestic Revolving Borrowing definition

Domestic Revolving Borrowing means a borrowing consisting of simultaneous Domestic Revolving Loans of the same Type and, in the case of LIBOR Rate Loans, having the same Interest Period made by each of the Domestic Revolving Lenders pursuant to Section 2.01(a).
Sample 1Sample 2Sample 3
Domestic Revolving Borrowing means a Borrowing comprised of Domestic Revolving Loans.
Sample 1Sample 2Sample 3
Domestic Revolving Borrowing means a borrowing consisting of simultaneous Domestic Revolving Loans of the same Type and, in the case of LIBOR Rate Loans, having the same Interest Period made by each of the Domestic Revolving Lenders pursuant to S ection 2.01(a).
Sample 1

Examples of Domestic Revolving Borrowing in a sentence

  • Borrowings also may be classified and referred to by Class (e.g., a "Domestic Revolving Borrowing") or by Type (e.g., a "Eurodollar Borrowing") or by Class and Type (e.g., a "Eurodollar Domestic Revolving Borrowing") or by reference to the currency in which the Loans comprising such Borrowing are denominated (i.e., an "Alternative Currency Borrowing" is a Borrowing comprised of Alternative Currency Loans).

  • Except as provided in Section 2.03(e)(ii) and Section 2.04(c)(i)(A), each Domestic Revolving Borrowing of or conversion to Domestic Base Rate Loans shall be in a minimum principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.

  • Not later than 11:00 a.m., three (3) Business Days prior to the requested date of such Domestic Revolving Borrowing, conversion or continuation of Eurodollar RateTerm SOFR Loans, the Administrative Agent shall notify Ryder (which notice may be by telephone) whether or not the requested Interest Period has been consented to by all the Domestic Lenders.

  • Not later than 11:00 a.m., three (3) Business Days prior to the requested date of such Domestic Revolving Borrowing, conversion or continuation of Eurodollar Rate Loans, the Administrative Agent shall notify Ryder (which notice may be by telephone) whether or not the requested Interest Period has been consented to by all the Domestic Lenders.

  • Each such notice must be received by the Domestic Administrative Agent not later than 12:00 p.m. (A) three Business Days prior to the requested date of any Borrowing of, conversion to or continuation of, Eurodollar Rate Loans that are Domestic Revolving Loans denominated in U.S. Dollars or of any conversion of Eurodollar Rate Loans to Base Rate Loans and (B) on the requested date of any Domestic Revolving Borrowing of Base Rate Loans.

  • To the extent credit extensions are made under the European Sub-Facility in reliance on availability under the Domestic Revolving Borrowing Base, any such payments made pursuant to the guaranty of the Domestic Loan Parties and/or the liquidation of Collateral of the Domestic Loan Parties shall be applied on a pro rata basis to the Obligations of the Domestic Borrowers and the European Borrowers.

  • Each Domestic Revolving Borrowing shall be in an aggregate principal amount of $1,000,000 or any larger multiple of $100,000 (except that any such Borrowing may be in the aggregate amount of the unused Domestic Revolving Commitments) and shall be made from the several Domestic Revolving Lenders ratably in proportion to their respective Domestic Revolving Commitments.

  • In no event shall compliance with this Section 6.11 waive or be deemed a waiver or Consent to any transaction giving rise to the need to comply with this Section 6.11 if such transaction was not otherwise expressly permitted by this Agreement or constitute or be deemed to constitute, with respect to any Material Subsidiary, an approval of such Person as a Borrower or permit the inclusion of any acquired assets in the computation of the Canadian Borrowing Base or the Domestic Revolving Borrowing Base.

  • Each Domestic Revolving Borrowing of, conversion to, or continuation of Eurodollar RateTerm SOFR Loans shall be in a minimum principal amount of $10,000,000 or a whole multiple of $500,000 in excess thereof.

  • Each Domestic Revolving Borrowing of, conversion to, or continuation of Eurodollar Rate Loans shall be in a minimum principal amount of $10,000,000 or a whole multiple of $500,000 in excess thereof.

Related to Domestic Revolving Borrowing

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

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

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

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

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.