Revolving Credit definition

Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

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Revolving Credit means the revolving credit loans to be advanced to the Borrower by the applicable Revolving Credit Lenders pursuant to Article 2 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Revolving Credit Aggregate Commitment.

Revolving Credit is defined in Section 1.1 hereof.

Examples of Revolving Credit in a sentence

If the applicable Borrower fails to specify a Type of Loan in a Committed Loan Notice or if a Borrower fails to give a timely notice with respect to a Term Benchmark Loan requesting a conversion or continuation thereof, then the applicable Tranche of Term Loans, Specified Refinancing Revolving Loans, or Revolving Credit Loans shall be made as, or continued as, Term Benchmark Loans with an Interest Period of 1 month.
A certificate of the applicable L/C Issuer submitted to any Closing Date Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this Section 2.03(d)(vi) shall be conclusive absent manifest error.
If such Lender pays such principal amount, the amount so paid (less interest and fees) shall constitute such Lender’s Closing Date Revolving Credit Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.
Notwithstanding the foregoing, the Ancillary Lender shall not be obligated to make available any Ancillary Facility to the extent that such Ancillary Lender’s Credit Extensions would exceed such Ancillary Lender’s Revolving Credit Commitments in effect on such time.
In the case of a Term Borrowing or a Revolving Credit Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. (Local Time), on the Business Day specified in the applicable Committed Loan Notice.

More Definitions of Revolving Credit

Revolving Credit when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.01(a).

Revolving Credit. Is defined in Section 2.1.

Revolving Credit means the revolving credit loan to be advanced to the Company by the Banks pursuant to Section 2 hereof, in an amount not to exceed the Revolving Credit Aggregate Commitment.

Revolving Credit means an arrangement pursuant to which:

Revolving Credit shall have the meaning specified in the first paragraph of this Agreement.

Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 2.2, 2.3 and 2.15.

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