European Revolving Loan definition

European Revolving Loan means a European Revolving Loan made pursuant to Section 2.01(c).

European Revolving Loan means, at any time, the sum of (i) the aggregate amount of European Revolving Credit Advances outstanding to European Borrower plus (ii) the aggregate Letter of Credit Obligations incurred on behalf of European Borrower. Unless the context otherwise requires, references to the outstanding principal balance of the European Revolving Loan shall include the outstanding balance of Letter of Credit Obligations incurred on behalf of European Borrower.

European Revolving Loan means a Revolving Loan made to the European Borrower.

Examples of European Revolving Loan in a sentence

• The applicable Borrower promises to pay interest on the unpaid principal amount of each European Revolving Loan made to it from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.

• The Pro Rata Share of the European Revolving Loan of any European Revolving Lender shall not at any time exceed its separate European Revolving Loan Commitment.

• On the Maturity Date, each German Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Revolving Lender with a European Revolving Facility Commitment the then unpaid principal amount of each European Revolving Loan, German Protective Advance or German Overadvance, in each case, made to such German Borrower.

• Notwithstanding anything contained in this Agreement to the contrary, upon any termination of the US Revolving Loan Commitment or the European Revolving Loan Commitment, all of the Obligations shall be due and payable except for the US Term Loan B which shall be due and payable on June 30, 2009 or earlier pursuant to Section 6.3.

• Notwithstanding anything set forth herein to the contrary, a Non-Funding Lender shall not have any voting or consent rights under or with respect to any Loan Document or constitute a "Lender" or a "Revolving Lender" (or be included in the calculation of "Requisite Lenders", "Requisite U.S. Revolving Lenders," "Supermajority U.S. Revolving Lenders" or "Supermajority European Revolving Loan Participants" hereunder) for any voting or consent rights under or with respect to any Loan Document.

More Definitions of European Revolving Loan

European Revolving Loan shall have the meaning assigned to such term in Section 2.01(a).

European Revolving Loan means a Loan made under the European Facility.

European Revolving Loan means a Loan made by the Lenders to the Euro Borrowers in Euro pursuant to Section 2.2(a).

European Revolving Loan means a UK-Dutch Revolving Loan or German Revolving Loan as the context requires.

European Revolving Loan means, as of any date of determination, the aggregate principal amount of all European Revolving Credit Advances in Dollars and of the Equivalent Amount of all European Revolving Credit Advances in Alternative Currencies, in each case, outstanding on such date of determination plus the aggregate European Letter of Credit Obligations in Dollars and of the Equivalent Amount of all European Letter of Credit Obligations in Alternative Currencies incurred on behalf of European Borrower, in each case, outstanding on such date of determination. Unless the context otherwise requires, references to the outstanding principal balance of the European Revolving Loan shall include the outstanding balance of European Letter of Credit Obligations.

European Revolving Loan has the meaning specified in Section 2.15(g).

European Revolving Loan means a Loan made by Lenders to the European Borrower pursuant to Section 2.2(a)(ii).