Revolving Loan Commitment Period definition

Revolving Loan Commitment Period means, with respect to the Revolving Loan Commitment, the period from and including the Closing Date to the earliest to occur of (a) the Revolving Loan Commitment Termination Date, (b) the date on which the Available Revolving Loan Commitments are reduced to zero, and (c) the date of termination of the aggregate Revolving Loan Commitments.
Revolving Loan Commitment Period means the period from the Closing Date to but excluding the Revolving Loan Commitment Termination Date.
Revolving Loan Commitment Period means the period from and including the date of this Agreement to, but not including, the Revolving Loan Termination Date.

Examples of Revolving Loan Commitment Period in a sentence

  • The obligation of the Issuing Bank to issue Letters of Credit shall expire on the Letter of Credit Expiration Date or, if the Revolving Loan facility is in effect, the last day of the Revolving Loan Commitment Period.

  • During the Revolving Loan Commitment Period, Debtor shall give Bank written notice executed on behalf of Debtor by any Designated Officer of Debtor (the "Notice of Credit Issuance") of any proposed issuance of a Credit.

  • Each Credit shall be on substantially such terms as Debtor may specify in such Letter of Credit Documents and must be in form and substance satisfactory to Bank and shall have a fixed expiration date not later than the expiration of the Revolving Loan Commitment Period.

  • During the Revolving Loan Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make Revolving Loans to Borrower Representative in an aggregate principal amount at any time outstanding that will not (subject to the provisions of Section 9.9) result in such Lender’s Revolving Exposure exceeding the lesser of (i) such Lender’s Revolving Loan Commitment and (ii) such Lender’s Pro Rata Share multiplied by the Borrowing Base.

  • Subject to the other terms and conditions of this Agreement, amounts borrowed pursuant to this Section 2.1(a) may be repaid and reborrowed during the Revolving Loan Commitment Period.


More Definitions of Revolving Loan Commitment Period

Revolving Loan Commitment Period means the period from and including the Closing Date to the earlier of (a) the Maturity Date or (b) the date on which the Revolving Loan Commitments shall have been terminated as provided herein.
Revolving Loan Commitment Period means the period from the date -------------------------------- of this Agreement until the Revolving Loan Maturity Date.
Revolving Loan Commitment Period means, for each Bank, the period from and including such Bank's Commitment Effective Date to, but not including, the Revolving Loan Termination Date.
Revolving Loan Commitment Period means the period from the date of this Agreement until the Revolving Loan Maturity Date. (ap) "Subsidiary or Subsidiaries" of any Person shall mean any corporation or corporations of which the Person or one or more of its Subsidiaries, owns, directly or indirectly, at least a majority of the securities having ordinary voting power for the election of directors. (aq) "Tangible Net Worth" shall mean Total Net Worth minus Intangible Assets. (ar) "Total Assets" shall mean total assets determined in accordance with GAAP. (as) "Total Current Assets" shall mean total current assets determined in accordance with GAAP. (at) "Total Current Liabilities" shall mean total current Indebtedness determined in accordance with GAAP. (au) "Total Liabilities" shall mean total Indebtedness determined in accordance with GAAP. (av) "Total Net Worth" shall mean, for the applicable period, the excess of Total Assets minus Total Liabilities. 1.02
Revolving Loan Commitment Period means the period from the Effective Date through the Business Day immediately preceding the Revolving Maturity Date.
Revolving Loan Commitment Period. The period from the Revolving Loan Commitment Effective Date to but excluding the Revolving Loan Commitment Termination Date.
Revolving Loan Commitment Period the period from the Effective Date through the day preceding the Revolving Loan Maturity Date.