Revolver Loan definition

Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.
Revolver Loan means each Loan with respect to which the Borrower has a revolving credit commitment to advance amounts to the applicable Obligor during a specified term.
Revolver Loan means a Line of Credit Loan which converts to a Term Loan after a specified time indicated in the loan agreement.

Examples of Revolver Loan in a sentence

  • Such purchase and sale of a Pounds Sterling Participation shall be deemed to occur automatically upon the making of a Pounds Sterling Revolver Loan by Bank of America, without any further notice to any Participating Pounds Lender.

  • Such purchase and sale of a Canadian Participation shall be deemed to occur automatically upon the making of a Canadian Revolver Loan by Bank of America, without any further notice to any Participating Canadian Lender.

  • The Pounds Sterling Participation Fee in respect of any Unfunded Pounds Sterling Participation in a Pounds Sterling Revolver Loan shall be payable to Administrative Agent in Pounds Sterling when interest on such Pounds Sterling Revolver Loan is received by Bank of America.

  • The Canadian Participation Fee in respect of any Unfunded Canadian Participation in a Canadian Revolver Loan shall be payable to Administrative Agent in Dollars when interest on such Canadian Revolver Loan is received by Bank of America.

  • If such Revolver Lender repays to Administrative Agent such corresponding amount, such amount so repaid shall constitute a Revolver Loan, and if both such Revolver Lender and Borrowers shall have repaid such corresponding amount, Administrative Agent shall promptly return to Borrowers such corresponding amount in immediately available funds.


More Definitions of Revolver Loan

Revolver Loan means a loan made by Bank as provided in Section 2.1.1 hereof.
Revolver Loan means that certain revolving credit facility from Deutsche Bank Trust Company Americas to Strategic Hotel Funding, L.L.C., evidenced by that certain Credit Agreement, dated as of March 9, 2007, between Deutsche Bank Trust Company Americas, as the administrative agent, various financial institutions, as lenders specified therein and Strategic Hotel Funding, L.L.C., as borrower (“Credit Agreement”) as the same may hereafter be amended, restated, supplemented or otherwise modified or replaced, from time to time.
Revolver Loan any Tranche A Revolver Loan, Tranche B Revolver Loan, Swingline Loan, Overadvance Loan or Protective Advance.
Revolver Loan has the meaning given such term in Section 2.1(a).
Revolver Loan a Revolver Loan made by a U.S. Lender to a U.S. Borrower pursuant to Section 2.1.1(a), which Loan shall be denominated in Dollars and shall be either a U.S. Base Rate Loan or a LIBOR Loan, in each case as selected by Borrower Agent, and any U.S. Swingline Loan, U.S. Overadvance Loan or Protective Advance made to or owed by the U.S. Borrowers.
Revolver Loan any loan made pursuant to Section 2.1 or as a Swingline Loan. Revolver Termination Date: May 6, 2027.
Revolver Loan means any Loan made under the Revolver Facility, other than a Swing Line Loan or an L/C Borrowing. All Revolver Loans shall be denominated in Dollars.