Revolving Loan Proportionate Share definition

Revolving Loan Proportionate Share means, with respect to each Lender, the percentage set forth under the caption “Revolving Loan Proportionate Share” opposite such Lender’s name on Schedule I, or, if different, such percentage as may be set forth for such Lender in the Register.
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Revolving Loan Proportionate Share means, with respect to each Lender, the percentage set forth under the caption “Revolving Loan Proportionate Share” opposite such Lender’s name on Schedule I , or, if different, such percentage as may be set forth for such Lender in the Register.
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Revolving Loan Proportionate Share. “Total Revolving Commitment”, “Unused Commitment Fee”, and “Unused Commitment”) are deleted and accordingly, all references to such defined terms throughout the Credit Agreement (including but not limited to all Exhibits and Schedules attached to the Credit Agreement) are also deleted. All text in each of the following exhibits attached to the Credit Agreement: Exhibit “A” – Notice of Revolving Loan Borrowing; Exhibit “B” – Notice of Revolving Loan Conversion; Exhibit “C” – Notice of Revolving Loan Interest Period Selection; and Exhibit “G” – Revolving Loan Note is deleted and such Exhibits are marked “Reserved”.
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Examples of Revolving Loan Proportionate Share in a sentence

  • All Revolving Loans shall be made on a pro rata basis by the Lenders in accordance with their respective Revolving Loan Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Lender equal to such Lender’s Revolving Loan Proportionate Share of such Revolving Loan Borrowing.

  • Assignor Lender and each Assignee Lender hereby agree that Agent shall, and hereby authorize and direct Agent to, allocate amounts payable under the Credit Agreement and the other Credit Documents as provided in the Credit Agreement in accordance with its appropriate Revolving Loan Proportionate Share or Term Loan Proportionate Share, as the case may be.

  • At or before 12:00 noon (local time of Assignor Lender) on the Assignment Effective Date, each Assignee Lender shall pay to Assignor Lender, in immediately available or same day funds, an amount equal to the purchase price, as agreed between Assignor Lender and such Assignee Lender (the “Purchase Price”), for the Revolving Loan Proportionate Share or Term Loan Proportionate Share, as the case may be, purchased by such Assignee Lender hereunder.

  • If any such Reimbursement Payment is made to Agent, Agent shall promptly pay to each Lender which has paid its Revolving Loan Proportionate Share of the Drawing Payment, such Lender’s Revolving Loan Proportionate Share of the Reimbursement Payment and shall promptly pay to Issuing Bank the balance of such Reimbursement Payment.

  • Promptly following receipt of such notice from Agent, each Lender shall pay to Agent, for the benefit of Issuing Bank, such Lender’s Revolving Loan Proportionate Share of the applicable portion of such Drawing Payment.

  • Agent shall promptly notify each Lender of the contents of each such request and of such Lender’s Revolving Loan Proportionate Share of the applicable portion of such Drawing Payment.

  • Based upon such _calculation, the Revolver Banks shall purchase from and sell to _each other on the Effective Date such participations in the _outstanding Revolving Loans as Administrative Agent determines _are necessary to cause each Revolver Bank to hold a Revolving _Loan in each Revolving Loan Borrowing in a principal amount equal _to such Revolver Bank's Revolving Loan Proportionate Share of _such Revolving Loan Borrowing.

  • At or before 12:00 noon (local time of Assignor Lender) on the Assignment Effective Date, each Assignee Lender shall pay to Assignor Lender, in immediately available or same day funds, an amount equal to the purchase price, as agreed between Assignor Lender and such Assignee Lender (the “ Purchase Price ”), for the Revolving Loan Proportionate Share or Term Loan Proportionate Share, as the case may be, purchased by such Assignee Lender hereunder.


More Definitions of Revolving Loan Proportionate Share

Revolving Loan Proportionate Share means, with respect to ---------------------------------- each Lender, the percentage set forth under the caption "Revolving Loan Proportionate Share" opposite such Lender's name on Schedule I, or, if ---------- different, such percentage as may be set forth for such Lender in the Register. (The Revolving Loan Proportionate Share of each Lender on the First Amendment Effective Date is as set forth in Schedule I.) ---------- "Term Lender" shall mean, at any time, a Lender which then has a ----------- Term Loan Commitment or which then holds a Term Loan.
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Related to Revolving Loan Proportionate Share

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.