RCF definition
Examples of RCF in a sentence
Each of the existing RCF Lenders shall be given the opportunity to increase their respective Commitments under the RCF prior to any solicitation by the Borrower for an initial Commitment from a Person that is not an existing RCF Lender.
Amounts under the RCF which have been prepaid as aforesaid may be re-borrowed.
No RCF Lender shall have any obligation, express or implied, to offer to increase or accept the Borrower's offer to increase its Commitment with respect to the RCF.
If all RCF Lenders agree to participate in the increase to the RCF, the Commitment of each RCF Lender with respect to the RCF shall be increased in accordance with their respective Applicable Percentage.
No RCF Lender which declines to increase its Commitment with respect to the RCF may be replaced with respect to its Commitment as a result thereof without such RCF Lender's consent.