LF Revolving Drawing definition

LF Revolving Drawing means a drawing made by the Issuer in accordance with the terms of the Liquidity Facility Agreement or, as the case may be, the principal amount of such drawing for the time being outstanding;
Sample 1Sample 2Sample 3
LF Revolving Drawing means a drawing made by the Issuer, prior to any Liquidity Reserve Drawing, in accordance with the terms of this Agreement following the delivery by the Issuer of a LF Revolving Drawing Notice or, as the case may be, the principal amount of such drawing for the time being outstanding;
Sample 1Sample 2

Examples of LF Revolving Drawing in a sentence

  • The Issuer will repay each LF Revolving Drawing on the next Interest Payment Date in accordance with the Pre-Enforcement Interest Payment Date Revenue Payments Priorities.

  • The duration of a LF Revolving Drawing Period shall be from (and including) the day on which the LF Revolving Drawing was made to (but excluding) the following LF Interest Payment Date.

  • On each LF Interest Payment Date, the Issuer (or the Cash Administrator on behalf of the Issuer) may make a new LF Revolving Drawing pursuant to clause 4 (Availability of LF Revolving Drawings) to repay an outstanding LF Revolving Drawing which is payable on such LF Interest Payment Date.

  • If an equity security is suspended for more than 30days, then the AMC/Trustee will decide the valuation norms to be followed and such norms would be documented and recorded.

  • The Issuer shall not repay all or any part of any LF Revolving Drawing, Liquidity Revolving Drawing or all or any part of any Liquidity Reserve Loan except at the time and in the manner expressly provided in this Agreement but, subject to the other terms of this Agreement, shall be entitled to borrow any amount repaid.

  • In respect of funding costs Any Liabilities it may suffer or incur as a result of its funding or making arrangements to fund a LF Revolving Drawing or a Liquidity Reserve Drawing requested by the Issuer but not drawn down by reason of the operation of any one or more of the provisions of this Agreement.

  • Interest on LF Revolving Drawings On the last day of each LF Revolving Drawing Period the Issuer shall pay accrued interest on the LF Revolving Drawing to which such LF Revolving Drawing Period relates.

  • For the avoidance of doubt the Liquidity Standby Loan shall not include, in the case of the first Note Payment Date following the advance of a Liquidity Standby Drawing, any LF Revolving Drawing which was converted into a portion of the Liquidity Standby Loan in accordance with sub-clause 5.2.2.

  • Subject to satisfaction of the conditions in Clause 4.1 (LF Revolving Drawings), an advance of the LF Revolving Drawing shall be made to the Issuer by 12.00 noon (London time) on the Note Payment Date set out in the LF Revolving Drawing Notice in the aggregate principal amount specified in the relevant LF Revolving Drawing Notice.

  • During such notice period the Issuer may not deliver an LF Revolving Drawing Notice, a Liquidity Standby Drawing Notice or an LF Withdrawal Notice purporting to draw all or any part of the amount the subject of such notice of cancellation.

Related to LF Revolving Drawing

  • 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

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • 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 Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

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

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

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

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

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

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

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

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • 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 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.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • 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.

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

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

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

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