Revolving Credit Facility Loans definition

Revolving Credit Facility Loans shall have the meaning set forth in Section 2.1(a).

Revolving Credit Facility Loans means the “Loans” made under and as defined in the Revolving Credit Agreement.

Revolving Credit Facility Loans means the lesser of (a) the Revolving Credit Facility less the aggregate amount of all outstanding Letter of Credit Obligations and (b) the Borrowing Base less the aggregate amount of all outstanding Letter of Credit Obligations.

Examples of Revolving Credit Facility Loans in a sentence

• The Borrower may from time to time prior to the Revolving Credit Facility Maturity Date reduce the Revolving Credit Facility Committed Amount of the Lender to an aggregate amount not less than the sum of the unpaid principal amount of the Revolving Credit Facility Loans then outstanding plus the principal amount of all Revolving Credit Facility Loans not yet made as to which notice has been given by the Borrower plus all Letter of Credit Obligations; provided that there shall be no Default.

• To the extent not due and payable earlier, the Revolving Credit Facility Loans shall be due and payable on the Revolving Credit Facility Maturity Date.

• The Borrower shall have the right at its option from time to time to prepay the Revolving Credit Facility Loans in whole or part at any time without premium or penalty.

• In addition to the foregoing, the Borrower authorizes the Lender to make Revolving Credit Facility Loans, if all applicable conditions specified in Article 4 have been satisfied, in accordance with the terms of the Automatic Service Agreement between the Borrower and the Lender (the “Autoborrow Service Agreement”).

• Without limiting the foregoing, the Borrower has authorized the Lender to effect payment of sums due under this Agreement in connection with the Revolving Credit Facility Loans in accordance with the Autoborrow Service Agreement.

More Definitions of Revolving Credit Facility Loans

Revolving Credit Facility Loans shall have the meaning assigned to it in ------------------------------- Section 2.1(a) hereof.

Revolving Credit Facility Loans means the Revolving Credit Facility less all Standby Letter of Credit Obligations.

Revolving Credit Facility Loans to the Borrower at any time or from time to time on or after the date hereof and to but not including the Revolving Credit Facility Maturity Date, subject, however, to the conditions that the aggregate principal amount of all Revolving Credit Facility Loans and all Letter of Credit Obligations at any time outstanding shall not exceed the lesser of (i) Four Million and 00/100 Dollars ($4,000,000.00), and (ii) the Borrowing Base at such time (the lesser of the amounts described in the foregoing clauses (i) and (ii) being referred to herein as the “Revolving Credit Facility Available Amount”). Notwithstanding anything herein to the contrary, the aggregate outstanding principal amount of all Revolving Credit Facility Loans and all Letter of Credit Obligations, plus the outstanding principal amount of the Term Loan shall not exceed the Borrowing Base.

Revolving Credit Facility Loans means loans issued under the Revolving Credit Facility.

Revolving Credit Facility Loans means, collectively, the loans made by the Revolving Credit Facility Lenders pursuant to the Revolving Credit Facility Agreement.

Revolving Credit Facility Loans means (1) from March 31, 1997 to and including August 29, 1997, the lesser of (a) the Revolving Credit Facility less the aggregate amount of all outstanding Letter of Credit Obligations or (b) the Borrowing Base less the aggregate amount of all outstanding Letter of Credit Obligations, (2) from August 30, 1997 to and including November 29, 1997, the lesser of (a) the Revolving Credit Facility less the aggregate amount of all outstanding Letter of Credit Obligations or (b) the Borrowing Base less the sum of (i) the aggregate amount of all outstanding Letter of Credit Obligations plus (ii) fifty percent (50%) of the outstanding Term Loan, and (3) from August 30, 1997 at all times thereafter, the lesser of (a) the Revolving Credit Facility less the aggregate amount of all outstanding Letter of Credit Obligations or (b) the Borrowing Base less the sum of (i) the aggregate amount of all outstanding Letter of Credit Obligations plus (ii) one hundred percent (100%) of the outstanding Term Loan.

Revolving Credit Facility Loans means (1) from the Amendment Agreement Date to and including November 29, 1997, the lesser of (a) the Revolving Credit Facility less the aggregate amount of all outstanding Letter of Credit Obligations or (b) the Borrowing Base less the sum of (i) the aggregate amount of all outstanding Letter of Credit Obligations plus