Revolving Borrowing definition

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).
Revolving Borrowing means a Borrowing comprised of Revolving Loans.
Revolving Borrowing means a Borrowing of Revolving Loans.

Examples of Revolving Borrowing in a sentence

  • Notwithstanding anything to the contrary herein, a Base Rate Revolving Borrowing may be in an aggregate amount equal to the entire unused balance of the aggregate Revolving Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.05(f).


More Definitions of Revolving 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 Lenders pursuant to Section 2.01.
Revolving Borrowing means a borrowing consisting of simultaneous Revolving Advances made by each Lender pursuant to Section 2.1(a) or Converted by each Lender to Revolving Advances of a different Type pursuant to Section 2.2(b).
Revolving Borrowing means a Borrowing comprised of US Tranche Revolving Loans or European Tranche Revolving Loans.
Revolving Borrowing means Revolving Loans of the same Type, made, converted or continued on the same date and, in the case of SOFR Loans, as to which a single Interest Period is in effect.
Revolving Borrowing has the meaning assigned to such term in Section 1.02.
Revolving Borrowing means the incurrence of Revolving Loans consisting of one Type of Revolving Loan by the Borrower from all of the Lenders having Revolving Commitments in respect thereof on a pro rata basis on a given date (or resulting from Conversions or Continuations on a given date) in the same currency, having in the case of any Fixed Rate Loans the same Interest Period.
Revolving Borrowing means a Canadian Revolving Borrowing and/or a U.S. Revolving Borrowing.