Revolving Credit Loan Facility definition

Revolving Credit Loan Facility means, at any time, the aggregate amount of the Revolving Credit Loan Banks’ Revolving Credit Loan Commitments.
Revolving Credit Loan Facility shall have the meaning ascribed and assigned to such term as set forth in the second recital of this Loan Agreement.
Revolving Credit Loan Facility means the revolving credit line facility provided by the Lender to the Borrowers during the Revolving Loan Period pursuant to the terms described in this Agreement.

Examples of Revolving Credit Loan Facility in a sentence

  • The facility has two secured tranches comprising a US$30.0 million five-year Prepayment Loan Facility (PLF) and a US$15.0 million Revolving Credit Loan Facility (RCF).

  • The second tranche is a US$15 million Revolving Credit Loan Facility (RCF) which remains undrawn.

  • CORPORATE▪ Cash at the end of the quarter of A$13.7M, up from A$11.2M at the end of the previous quarter and excludes the provisional value of the third ship that sailed 1 April totalling A$29.2M (cash received mid-April).▪ Revolving Credit Loan Facility (US$15.0M) remains undrawn following the drawdown of US$30.0M Prepayment Loan Facility in September 2021.

  • The Letter of Credit Obligations shall constitute financial accommodations under the Revolving Credit Loan Facility and shall reduce availability under the Revolving Credit Commitments by the stated amount of such Letter of Credit Obligations.

  • The US Letter of Credit Obligations shall constitute financial accommodations under the US Revolving Credit Loan Facility and shall reduce availability thereunder by the stated amount of such US Letter of Credit Obligations.

  • The second tranche is a Revolving Credit Loan Facility (RCF) for US$15.0 million, is repayable if drawn in eighteen months from the drawdown of the PLF.

  • Revolving Credit Loan Facility Assignment and Assumption Agreement Exhibit 10.1.V EXHIBIT C-2 to the Third Amended and Restated Credit and Reimbursement Agreement FORM OF TERM LOAN FACILITY ASSIGNMENT AND ASSUMPTION AGREEMENT AGREEMENT dated as of , 200 among [ASSIGNOR] (the “Assignor”), [ASSIGNEE] (the “Assignee”) and CITICORP USA, Inc., as Administrative Agent (the “Agent”).

  • Information relating to Panoramic Resources Limited (the Parent) (continued)Guarantees entered into by the parent entityThe parent entity has given financial guarantees in respect of:• Subsidiary company leases amounting to $31.815 million (2021: $6.183 million)• The Company has a US$45.0 million debt facility with Trafigura Pte Ltd comprising a US$30.0 million five-year Prepayment Loan Facility (PLF) and a eighteen-month US$15.0 million Revolving Credit Loan Facility (RCF).

  • Collectively, the Revolving Credit Loan Facility and the Letter of Credit Facility.

  • There is, as of Deccmber 17, 1999, presently due and owing on the Revolving Credit Loan Facility, the principal sum of US$41,864,120.23 without offset, defense or counterclaim, all of which are hereby expressly waived by the Co-Borrowers and the Guarantors as of the date hereof.


More Definitions of Revolving Credit Loan Facility

Revolving Credit Loan Facility set forth in Section 1.1 of the Credit Agreement is hereby amended by deleting the parenthetical "(with the Sublimit for letters of credit)" that appears in such definition and substituting in lieu thereof the following parenthetical: "(with unlimited availability for letters of credit)".
Revolving Credit Loan Facility means the revolving credit loan facility established by the Lender under Article II hereof.

Related to Revolving Credit Loan Facility

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

  • 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

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

  • Revolving Credit Loans as defined in Section 2.1.

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

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

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

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • 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.

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

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

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

  • 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 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.

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

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).