Revolving Credit Facility Borrowers definition

Revolving Credit Facility Borrowers means the Primary Borrower and any Permitted Borrower which accedes to this Agreement as a Revolving Credit Facility Borrower pursuant to clause 24;
Revolving Credit Facility Borrowers means the Company, Solutia Europe SA/NV, a limited liability company incorporated under Belgian law with registered office Cxxxxxxx xx Xxxxxxxx 0, 0000 Xxxxxxxxx, registered with the Crossroads Bank for Enterprises under number 0460.474.440, Commercial Court of Brussels, whose legal form will be converted from a S.A./N.V. (limited liability company) into a SPRL/BVBA (private limited liability company), Flexsys SA/NV, a Belgian limited liability company (“société anonyme” / “naamloze vennootschap”), having its registered office at Wxxxxxxxx 00, xxx 0, X-0000 Xxxx-Xxxxxxx-Xxxxxx, Belgium and registered with the Legal Entities Register (RPM/RPR Brussels) under enterprise number 454.045.419 and any other Person that becomes a “Borrower” under the Revolving Credit Agreement in accordance with the terms thereof.
Revolving Credit Facility Borrowers means the Company, Solutia Europe SPRL/BVBA, a private limited liability company incorporated under Belgian law with registered office Chxxxxxx xx Xxxxxxxx 0, 0000 Xxxxxxxxx, registered with the Crossroads Bank for Enterprises under number 0460.474.440, Commercial Court of Brussels (formerly known as Solutia Europe SA/NV, a limited liability company) (“Solutia Europe”); Flexsys SA/NV, a Belgian limited liability company (“société anonyme”/“naamloze vennootschap”), having its registered office at Boxxxxxxxxxxxxxxxx 0, 0000 Xxxxxxxx, Xxxxxxx xnd registered with the Legal Entities Register (RPM/RPR Brussels) under enterprise number 454.045.419, and any other Person that becomes a “Borrower” under the Revolving Credit Agreement in accordance with the terms thereof.

Examples of Revolving Credit Facility Borrowers in a sentence

  • Without prejudice to any other provision of this Agreement, the Total Commitments under the Revolving Credit Facility shall in any event be reduced to zero on the Available Commitment Termination Date in respect of such Facility and no Advance may be drawn by the Revolving Credit Facility Borrowers under the Revolving Credit Facility thereafter.

  • With respect to any Inventory from time to ------------------ time scheduled, listed or referred to as Eligible Inventory in any certificate, statement or report prepared by or for Borrowers and delivered to Bank and upon which Borrowers are basing Availability under the Revolving Credit Facility, Borrowers warrant and represent that such Inventory meets the definition of Eligible Inventory set forth in this Agreement.

  • The SIP is designed to meet the requirements of Section 35 of the Act and Section 2 of the Occupational Pension Schemes (Investment) Regulations 2005 (the “Regulations”).

  • To evidence the Borrowers' obligations under the Revolving Credit Facility, Borrowers are contemporaneously herewith executing and delivering to the Agent the Revolving Credit Note dated of even date herewith in the face principal amount of $175,000,000 in the form and substance set forth on Exhibit A attached hereto.

  • Subject to the provisions of Section 16.22, in -------------- ------------- connection with and as consideration for the holding available for the use of Borrowers hereunder the full amount of the Revolving Credit Facility, Borrowers will pay a fee to Agent, for the ratable benefit of the Lenders for each day from the Agreement Date through, but not including, the Termination Date, an amount equal to .375% per annum multiplied by the unused portion of the Revolving Credit Facility for such day.

  • Borrowers may terminate the Revolving Credit Facility and prepay the Term Loan at any time prior to the Termination Date or any renewal thereof; provided, however, (i) if the Borrowers choose to terminate the Revolving Credit Facility, Borrowers must pay in full all amounts due and owing pursuant to the Term Loan, and (ii) any due and owing Prepayment Premium.

  • In consideration for the commitment of each Revolving Lender to make Advances under the Revolving Credit Facility upon the terms and conditions set forth in this Agreement and the reserving of sufficient funds by each Revolving Lender from which to make disbursement of the Advances under the Revolving Credit Facility, Borrowers shall pay to each such Revolving Lender on the Closing Date its Participation Fee.

  • The relevant Revolving Credit Facility Borrowers shall pay interest on each Revolving Credit Advance on its Maturity Date (or, in the case of a Revolving Credit Advance having a Maturity Period of more than six months, by instalments, every six months from the relevant Drawdown Date and on the relevant Maturity Date) at the rate per annum determined by the Agent to be the aggregate of (i) the applicable Margin, (ii) the Additional Cost and (iii) LIBOR.

  • The relevant Revolving Credit Facility Borrowers shall repay and/or discharge in full the Ancillary Outstandings and any Letters of Credit in issue on the Termination Date applicable to the Revolving Credit Facility.

  • With respect to all Accounts from time to ----------------- time scheduled, listed or referred to as Eligible Accounts in any certificate, statement or report prepared by or for Borrowers and delivered to Bank upon which Borrowers are basing Availability under the Revolving Credit Facility, Borrowers warrant and represent that such Accounts meet the definition of Eligible Accounts, set forth in this Agreement.


More Definitions of Revolving Credit Facility Borrowers

Revolving Credit Facility Borrowers means the Parent and any other person who accedes to this Agreement as a Revolving Credit Facility Borrower pursuant to clause 20.1;

Related to Revolving Credit Facility Borrowers

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility 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 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

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.14(h).

  • Revolving Credit Aggregate Commitment means One Hundred Ten Million Dollars ($110,000,000), subject to increases pursuant to Section 2.13 hereof by an amount not to exceed the Revolving Credit Optional Increase, subject to reduction or termination under Section 2.11 or 9.2 hereof.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).