Revolver Paydown definition

Revolver Paydown means the aggregate amounts paid to the First Lien Revolver Agent, representing principal and non-default interest amounts outstanding under the First Lien Revolving Credit Agreement as of October 31, 2011 pursuant to the Revolver Paydown Order.
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Revolver Paydown means the partial paydown of the outstanding principal balance of the Revolving Loans required to be made on the Fourth Amendment Effective Date in connection with a Disposition occurring on said date.
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Examples of Revolver Paydown in a sentence

  • Through the Revolver Paydown, the Intermediation Amendment, and the Refining ABL Extension, the Debtors extended the Term Loan A Maturity Date to March 4, 2018.

  • LARSON: I think that it would be a 50 -- it might be of interest to the Council to know when 1 the Western Interior's going to.....

  • Confidential Information provided by Great Rivers on Removable Media will be encrypted with NIST 800-series approved algorithms.

  • Upon execution of this Agreement, (ii) Borrower shall pay Lender all accrued and unpaid non-Default Rate Margin interest in the amount of $ , and (ii) Lender shall apply the Revolver Paydown to reduce the balance of the Revolver in Lender’s sole and absolute discretion as to principal, interest and charges.

  • After the application of the Revolver Paydown, the Revolving Loan Commitments shall be Seventy Five Million and No/100 Dollars ($75,000,000.00), subject to the increases and decreases as set forth in the first sentence of this Section 8.

  • Each Directing Revolver Lender certifies that the amount set forth opposite its signature block is the true and correct amount of its aggregate Revolving Credit Outstanding at the time of the Revolver Paydown and that, collectively, the Directing First Lien Revolver Lenders constitute “Requisite Lenders” 8 Capitalized terms not defined in Section 36 herein shall have the meaning given in the Plan, even if those terms are otherwise defined in this Settlement Agreement.

  • Nelsxx xxx Lenders further agree that the balance of the Actual Net Proceeds remaining after payment in full of the Prudential Notes and the Revolver Paydown, if any, shall be used by Nelsxx xxx working capital needs and for other general corporate purposes (which shall include acquisitions and capital expenditures of the Consolidated Companies).

  • The First Lien Revolver Agent represents that the aggregate amount of Revolving Credit Outstandings (as defined in the First Lien Revolving Credit Agreement) at the time of the Revolver Paydown (as defined in the Plan) was $193,163,873.97.

  • RX 274 – EPA/WVDEP Comments Uplands Removal Preliminary Design, 12.03.14 nnnnn.

  • Notwithstanding the provisions of Section 2.06 of the Credit Agreement, the application of the Revolver Paydown described in Section 7 hereof shall not result in a permanent reduction to the Revolving Loan Commitments.

Related to Revolver Paydown

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • 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

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolver Commitment means, with respect to each Lender, its Revolver Commitment, and, with respect to all Lenders, their Revolver Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Revolver Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Canadian Revolving Commitment means the commitment of a Lender to make or otherwise fund any Canadian Revolving Loan and to acquire participations in Canadian Letters of Credit and Swing Line Loans hereunder and “Canadian Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Canadian Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Canadian Revolving Commitments as of the Restatement Date is $10,000,000.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Revolver Note means any one of such Revolver Notes.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Canadian Commitment means, for each Canadian Lender, the obligation of such Lender to make Canadian Revolving Loans and to participate in Canadian LC Obligations in an aggregate amount not exceeding the amount set forth in the Commitment Schedule or as set forth in any Assignment Agreement that has become effective pursuant to Section 12.3(a), as such amount may be modified from time to time pursuant to the terms hereof.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • 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).

  • 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.