Revolving Loan definition

Revolving Loan means a Loan made pursuant to Section 2.01.
Revolving Loan has the meaning specified in Section 2.01(a).
Revolving Loan means a loan made by a Lender to the Borrower pursuant to Section 2.1.(a).

Examples of Revolving Loan in a sentence

Chief Finance Officer Jamie Elfert presented the proposed 2012 Economic Development budget, which funds the operation of the Terrebonne Economic Development Authority (TEDA), of which an estimated $617,000.00 has been allocated for the administration of TEDA utilizing a dedicated portion of occupational license fees, and a budget allocation of $38,000.00 for the Revolving Loan Fund administration.

However, the LFC has already requested a bill be drafted to reduce the amount of funding to be transferred to the Low-Income Housing Revolving Loan Fund.

These projects frequently involve Community Development Block Grant (CDBG), State Revolving Loan Fund (SRF), and Municipal Partnership Initiative (MPI) funding.

Set public hearing for July 17, 2007 at 10:00 a.m. to consider proposed transfer of funds from the Rehabilitation Revolving Loan Account to the Housing Acquisition Revolving Loan Account.

DWSRFBy enacting W.S. 16-1-302, the Legislature authorized the use of water development account funds to provide 50% of the state’s matching fund requirements for the federal Drinking Water State Revolving Loan Fund (DWSRF) program.


More Definitions of Revolving Loan

Revolving Loan has the meaning specified in Section 2.01.
Revolving Loan shall have the meaning provided in Section 1.01(a).
Revolving Loan means a Loan made pursuant to clause (b) of Section 2.01.
Revolving Loan means a loan made by a Lender (other than the Swingline Lender) to the Borrower under its Revolving Commitment, which may either be a Base Rate Loan or a Eurodollar Loan.
Revolving Loan means, with respect to a Lender, such Lender’s loan made pursuant to its commitment to lend set forth in Section 2.1 (or any conversion or continuation thereof).
Revolving Loan means, at any time, the sum of (i) the aggregate amount of Revolving Credit Advances outstanding to Borrower plus (ii) the aggregate Letter of Credit Obligations incurred on behalf of Borrower. Unless the context otherwise requires, references to the outstanding principal balance of the Revolving Loan shall include the outstanding balance of Letter of Credit Obligations.
Revolving Loan is defined in Section 1.1 hereof and, as so defined, includes a Base Rate Loan or a Eurodollar Loan, each of which is a “type” of Revolving Loan hereunder.