Revolving Loans definition
Examples of Revolving Loans in a sentence
This subsection 4.10 shall survive the termination of this Agreement and the payment of the Revolving Loans and all other amounts payable hereunder.
Each Borrower hereby further agrees to pay interest on the unpaid principal amount of the Revolving Loans made to such Borrower from time to time outstanding from the Amendment No. 3 Effective Date until payment in full thereof at the rates per annum, and on the dates, set forth in subsection 4.1.
The proceeds of Revolving Loans and Swing Line Loans shall be used by the Borrowers (a) on the Closing Date, to consummate the Transactions and to pay certain transaction fees and expenses related to the Transactions and (b) on and after the Closing Date for working capital needs and general corporate purposes.
The agreements in this subsection shall survive repayment of the Revolving Loans and all other amounts payable hereunder.
During the Commitment Period, each of the Borrowers may use the Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.