REVOLVEMENT definition

REVOLVEMENT. The Bank shall establish an account (the "Revolvement ------------ Account") for the conduct of the Borrower's day to day banking business other than pursuant to this agreement and if the balance in the Revolvement Account:
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REVOLVEMENT. The Bank shall establish two accounts: one denominated in Canadian Dollars and the other in US Dollars (each a "REVOLVEMENT ACCOUNT"). The Revolvement Accounts shall record the Borrower's day to day banking business other than pursuant to this agreement. If the balance in either Revolvement Account:
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Related to REVOLVEMENT

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.