Revolving A Borrowing definition

Revolving A Borrowing means a borrowing consisting of simultaneous Revolving A Loans of the same Type, in the same currency and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Revolving A Lenders pursuant to Section 2.01(b)(i)(A).
Sample 1Sample 2
Revolving A Borrowing means a Borrowing comprised of Revolving A Loans.
Sample 1Sample 2
Revolving A Borrowing means a borrowing consisting of simultaneous Revolving A Advances of the same Type made by each Lender pursuant to Section 2.01(a), Continued pursuant to Section 2.02(b), or Converted by each Lender to Revolving A Advances of a different Type pursuant to Section 2.02(b).
Sample 1

Examples of Revolving A Borrowing in a sentence

  • Notwithstanding the preceding sentence, any U.S. Tranche Revolving A Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Tranche Revolving A Borrowing.

  • Notwithstanding the preceding sentence, any Alternative Currency Tranche Revolving A Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be subject to the receipt by the Administrative Agent of a Funding Indemnity Letter from the Borrower not less than three (3) Business Days prior to the date of such Alternative Currency Tranche Revolving A Borrowing.

  • Borrowings and Advances are also distinguished by "Class." The "Class" of a Borrowing or an Advance refers to the determination whether such Borrowing or Advance is a Revolving A Borrowing or a Revolving B Borrowing or a Revolving A Advance or a Revolving B Advance, as applicable.

  • Each Revolving A Borrowing shall be in an aggregate amount not less than $5,000,000.00 and in integral multiples of $1,000,000.00 in excess thereof and shall consist of Revolving A Advances of the same Type made on the same day by the Lenders ratably according to their respective Revolving A Commitments.

  • The Revolving A Loans to be made by each Lender will be made by such Lender on a pro rata basis based upon such Lender’s Revolving A Facility Percentage of each Revolving A Borrowing, in each case in accordance with Section 2.07 hereof.

  • To the extent that the Revolving A Borrowing Base exceeds the sum of all outstanding Revolving A Advances, such reimbursement shall be deemed for all purposes of this Agreement to be a Revolving A Advance to the Borrower transferred at the Borrower's request to the Issuing Bank; then, the remainder of such reimbursement shall be deemed for all purposes of this Agreement to be a Revolving B Advance to the Borrower transferred at the Borrower's request to the Issuing Bank.

  • Each Revolving A Borrowing shall be in an aggregate amount of $2,000,000 or an integral multiple of $500,000 in excess thereof and shall consist of Revolving A Advances made by the Lenders ratably according to their Revolving A Commitments.


More Definitions of Revolving A Borrowing

Revolving A Borrowing means the aggregate of the simultaneous Revolving A Advances of the same Type made by the Lenders in response to a single Notice of Borrowing.
Sample 1

Related to Revolving A Borrowing

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • Revolving Credit Loans as defined in Section 2.1.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.