Revolving Credit Advance definition

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.

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Revolving Credit Advance has the meaning specified in Section 2.01(a).

Revolving Credit Advance means an advance by a Lender to the Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a "Type" of Revolving Credit Advance).

Examples of Revolving Credit Advance in a sentence

Subject to the terms and conditions hereof, each Revolving Credit Advance shall, from time to time from and after the date of such Advance (until paid), bear interest at its Applicable Interest Rate.
Nothing contained herein shall impair the rights and remedies of the Borrower requesting any Revolving Credit Borrowing against any Bank under applicable law as a result of such Bank’s failure to make the Revolving Credit Advance to be made by it as part of such Revolving Credit Borrowing.
Unless such Revolving Credit ▇▇▇▇▇▇’s commitment to make Revolving Credit Advances hereunder shall have been suspended or terminated in accordance with this Agreement, each such Revolving Credit Lender shall make available the amount of its Revolving Credit Percentage of each Revolving Credit Advance in immediately available funds to the Agent by no later than 8:00 a.m. (Los Angeles time) on the date specified in the related Request for Revolving Credit Advance.
Borrower shall retain its claim against such Revolving Credit Lender with respect to the amounts repaid by it to the Agent and, if such Revolving Credit Lender subsequently makes such amounts available to the Agent, the Agent shall promptly make such amounts available to Borrower as a Revolving Credit Advance.
The Refinancing shall have been, or substantially concurrently with the funding of the initial Revolving Credit Advance hereunder on the Closing Date, shall be consummated.

More Definitions of Revolving Credit Advance

Revolving Credit Advance means a borrowing requested by the Borrower and made by the Revolving Credit Lenders under Section 2.1 of this Agreement, including without limitation any readvance, refunding or conversion of such borrowing pursuant to Section 2.3 hereof and any deemed disbursement of an Advance in respect of a Letter of Credit under Section 3.6(c) hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Revolving Credit Advance means an advance by a Lender to any Borrower under Section 2.01(a).

Revolving Credit Advance means any Revolving Credit Loan and any Letter of Credit Advance.

Revolving Credit Advance means an Advance made pursuant to Section 2.1(a) hereof.

Revolving Credit Advance has the meaning assigned to it in Section 1.1(a)(i).

Revolving Credit Advance means a U.S. Dollar Revolving Credit Advance or a Multicurrency Revolving Credit Advance.

Revolving Credit Advance shall have the meaning assigned to it in Section ------------------------ ------- 1.1