Revolving Loans definition

Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

Revolving Loans as defined in Section 2.4(a).

Revolving Loans has the meaning set forth in Section 2.1(b).

Examples of Revolving Loans in a sentence

• Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.

• The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Applicable Revolving Percentage, a commitment fee equal to the Applicable Rate times the actual daily amount by which the Revolving Facility exceeds the sum of (i) the Outstanding Amount of Revolving Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15.

• The Borrower shall repay to the Revolving Lenders on the Maturity Date for the Revolving Facility the aggregate principal amount of all Revolving Loans outstanding on such date.

• The applicable Agent shall have received a Notice of Borrowing pursuant to Section 2.02 hereof (and, in the case of any Notice of Borrowing with respect to a Revolving Loan, the Revolving Agent shall have approved (in its sole discretion) the funding of such Revolving Loan), provided that Revolving Loans shall be subject to Section 7 of Amendment No. 11.

• The Borrowers may reduce the Total Revolving Credit Commitment to an amount (which may be zero) not less than the greater of (A) $5,000,000 and (B) the sum of (1) the aggregate unpaid principal amount of all Revolving Loans then outstanding, and (2) the aggregate principal amount of all Revolving Loans not yet made as to which a Notice of Borrowing has been given by the Administrative Borrower under Section 2.02.

More Definitions of Revolving Loans

Revolving Loans means the revolving loans made by the Lenders to the Borrower pursuant to Section 2.01(a) or (b).

Revolving Loans has the meaning specified therefor in Section 2.1(a) of the Agreement.

Revolving Loans is defined in Section 2.1.1.

Revolving Loans means the Loans made by Lenders to Borrower pursuant to subsection 2.1A(ii).

Revolving Loans means the loans now or hereafter made by Lender to or for the benefit of Borrower on a revolving basis (involving advances, repayments and readvances) as set forth in Section 2.1 hereof.

Revolving Loans means any Initial Revolving Loans and any Additional Revolving Loans.

Revolving Loans means the revolving loans made by the Lenders to the Borrower pursuant to clause (c) of Section 2.01. Each Revolving Loan shall be a Eurodollar Revolving Loan or an ABR Revolving Loan.