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

  • In no event shall Lenders have any obligation to honor a request for a Revolver Loan if Revolver Usage at such time plus the requested Loan would exceed the Loan Cap.

  • The Revolver Loan currently accrues interest at LIBOR, plus a spread which ranges from 1.35%-1.95%, based on our consolidated leverage ratio.

  • The Revolver Loan initially matures on January 9, 2018 and we have two six-month options to extend its maturity to January 9, 2019.

  • The unsecured revolving line of credit (the "Revolver Loan") has a capacity of $250 million plus an accordion feature that may allow us to increase the availability thereunder up to an additional $250 million, subject to meeting specified requirements and obtaining additional commitments from lenders.

More Definitions of Revolver Loan

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 Revolving Credit Agreement, dated as of November 5, 2006, hereof, between Deutsche Bank Trust Company Americas, Wachovia Bank National Association, as lender, various financial institutions, as lenders specified therein and Strategic Hotel Funding, L.L.C., as the same has heretofore and may hereafter be amended, restated, supplemented or otherwise modified or replaced, from time to time.
Revolver Loan means a loan made by Bank as provided in Section 2.1.1 hereof.
Revolver Loan any loan made pursuant to Section 2.1 or as a Swingline Loan.
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 means any Loan made under the Revolver Facility.
Revolver Loan has the meaning given such term in Section 2.1(a).