Revolving Credit Loan definition

Revolving Credit Loan has the meaning specified in Section 2.01(b).
Revolving Credit Loan means any revolving loan made to the Borrower pursuant to Section 2.1, and all such revolving loans collectively as the context requires.
Revolving Credit Loan shall have the meaning provided in Section 2.1(b).

Examples of Revolving Credit Loan in a sentence

  • Re-advances:If the Loan is a Revolving Credit Loan, the Borrower may throughout the Term, provided no Event of Default has occurred, borrow an amount equal to the Maximum Credit Limit less any amounts borrowed at that time.


More Definitions of Revolving Credit Loan

Revolving Credit Loan means a Loan made pursuant to Section 2.01(b).
Revolving Credit Loan and "Revolving Credit Loans": as defined in Section 2.1.
Revolving Credit Loan has the meaning set forth in Section 2.1(b).
Revolving Credit Loan means a Loan made pursuant to Section 2.1(a) that utilizes the Revolving Credit Commitment.
Revolving Credit Loan is used with reference to available interest rates applicable to the loans under the Revolving Credit, it refers to so much of the unpaid principal balance of the Loan Account as bears the same rate of interest for the same Interest Period. (See Section 2.12(d)).
Revolving Credit Loan means any Borrowing under Section 2.4 evidenced by the Revolving Credit Notes and made pursuant to Section 2.1(a).
Revolving Credit Loan means a loan made or to be made by a Bank pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Revolving Credit Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.