Revolving Loan Facility definition

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 Loan Facility means the Facility evidenced by the Total Revolving Loan Commitment.
Revolving Loan Facility means, the revolving loan credit facility extended to Borrower pursuant to Section 1.1(B).

Examples of Revolving Loan Facility in a sentence

  • We obtained the US$75.0 million 2008 SCB Corporate Revolving Loan Facility from Standard Chartered Bank on 22 October 2008.

  • As at 30 June 2013, the aggregate amount we owed under the HSBC Corporate Revolving Loan Facility was US$50.5 million, excluding unamortised borrowing costs.

  • The 2008 HSBC Corporate Revolving Loan Facility was for a term of 3 years and the interest rate applicable to borrowings under the facility was 0.5% over LIBOR.

  • As at 30 June 2013, the aggregate amount owed under the 2008 SCB Corporate Revolving Loan Facility was US$74.7 million, excluding unamortised borrowing costs, and we held US$75.0 million in reserve accounts as security for the facility.


More Definitions of Revolving Loan Facility

Revolving Loan Facility means the portion of the credit facility evidenced by this Agreement consisting of the several Revolving Loans, Swing Line Loans and Facility LCs.
Revolving Loan Facility means the revolving loan facility of the Operating Partnership provided for in the Credit Agreement.
Revolving Loan Facility means the revolving loan facility provided under the New Credit Agreement.
Revolving Loan Facility has the meaning specified in Section 2.1.
Revolving Loan Facility means, at any time, the aggregate amount of the Revolving LendersRevolving Loan Commitments at such time. As of the Effective Date, the amount of the Revolving Loan Facility is $150,000,000.
Revolving Loan Facility means that certain revolving credit facility established pursuant to the Revolving Loan Agreement.
Revolving Loan Facility means a loan agreement or similar facility pursuant to which a lender or lenders provides revolving loans to U.S. Borrower or any Subsidiary for the primary purpose of financing such Person’s ongoing business operations, whether such agreement or facility is secured or unsecured. For the avoidance of doubt, no Receivables Purchase Agreement shall constitute a Revolving Loan Facility.