Revolving Facility Advance definition

Revolving Facility Advance means the principal amount of each borrowing by the Borrower under this Agreement of a portion of the Revolving Facility Commitment.

Revolving Facility Advance means an advance (including a Rollover Advance but excluding a Documentary Credit) as from time to time reduced by repayment made or to be made by the Lenders under the Revolving Facility.

Revolving Facility Advance means the principal amount of each amount made available to a Borrower hereunder in respect of the Revolving Facility by way of advance or roll-over or (as the context requires) the principal amount thereof for the time being outstanding.

Examples of Revolving Facility Advance in a sentence

• No Borrower may repay all or any part of any Advance (including, at any time, a Revolving Facility Advance) except at the times and in the manner expressly provided for in this Agreement.

• The rate of interest applicable to each Revolving Facility Advance during its Term shall be the rate per annum which is the sum of the Applicable Margin for the Revolving Facility, the Associated Costs Rate for such Advance at such time and EURIBOR or, in relation to any Revolving Facility Advance denominated in an Optional Currency, LIBOR, for the relevant Term.

• No Obligor shall repay all or any part of any Advance (including, at any time, a Revolving Facility Advance) except at the times and in the manner expressly provided for in this Agreement.

• Each Borrower shall (subject to Clause 9.2 (Rollover Advances)) repay the full amount of each Revolving Facility Advance and Swingline Facility Advance made to it on the Repayment Date, provided that if such Repayment Date is not a Business Day in the relevant jurisdiction for payment, payment shall instead be made on the next succeeding Business Day.

• Checklists always serve to ensure that decision-makers do not forget anything, something which can happen all too easily during complex decision-making processes.If we want to examine the assessment process, we can do this scientifically in completely different ways.

More Definitions of Revolving Facility Advance

Revolving Facility Advance shall have the meaning set forth in Section 2.01(c)(2).

Revolving Facility Advance means the principal amount of each Advance made or to be made under the Revolving Facility as from time to time reduced by repayment or prepayment;

Revolving Facility Advance means an advance made or to be made by the Banks under the Revolving Facility.

Revolving Facility Advance means a loan made or to be made under the Revolving Facility or the principal amount outstanding for the time being of that loan.

Revolving Facility Advance means the “Advance” as defined in the Revolving Facility Credit Agreement.

Revolving Facility Advance means the Advance or Advances described in Clause 3.1(c)(i) (Purpose).

Revolving Facility Advance means a loan made by Lender under the Revolving Facility.