Definition of Revolving Loan Lenders


Revolving Loan Lenders means, collectively, each Lender which has committed to make Revolving Loans.
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Examples of Revolving Loan Lenders in a sentence

Any amount charged to the Loan Account of the Borrowers shall be deemed a Revolving Loan hereunder made by the Revolving Loan Lenders to the Borrowers, funded by the Administrative Agent on behalf of the Revolving Loan Lenders and subject to Section 2.02 of this Agreement.
Any amount charged to the Loan Account of the Borrower shall be deemed a Revolving Loan hereunder made by the Revolving Loan Lenders to the Borrower, funded by the Administrative Agent on behalf of the Revolving Loan Lenders and subject to Section 2.02 of this Agreement.
If the Borrower gives a Notice of Borrowing requesting a Revolving Loan and the Administrative Agent elects not to fund such Revolving Loan on behalf of the Revolving Loan Lenders, then promptly after receipt of the Notice of Borrowing requesting such Revolving Loan, the Administrative Agent shall notify each Revolving Loan Lender of the specifics of the requested Revolving Loan and that it will not fund the requested Revolving Loan on behalf of the Revolving Loan Lenders.
The Administrative Agent will make the proceeds of the Revolving Loans available to the Borrowers on the day of such proposed Revolving Loan by causing an amount, in immediately available funds, equal to the proceeds of all such Revolving Loans received by the Administrative Agent in the applicable Administrative Agents Account or the amount funded by the Administrative Agent on behalf of the applicable Revolving Loan Lenders to be deposited in an account designated by the Administrative Borrower.
If the Administrative Borrower gives a Notice of Borrowing requesting a Revolving Loan, and the Administrative Agent elects not to fund such Revolving Loan, on behalf of the Revolving Loan Lenders, then promptly after receipt of the Notice of Borrowing requesting such a Revolving Loan, the Administrative Agent shall notify each Revolving Loan Lender of the specifics of such requested Revolving Loan and that it will not fund such requested Revolving Loan on behalf of such Revolving Loan Lenders.