Revolving Loans definition

Revolving Loans as defined in Section 2.4(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

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

Examples of Revolving Loans in a sentence

If the applicable Borrower fails to specify a Type of Loan in a Committed Loan Notice or if a Borrower fails to give a timely notice with respect to a Term Benchmark Loan requesting a conversion or continuation thereof, then the applicable Tranche of Term Loans, Specified Refinancing Revolving Loans, or Revolving Credit Loans shall be made as, or continued as, Term Benchmark Loans with an Interest Period of 1 month.
Any payment made by a Lender pursuant to this paragraph to reimburse an Issuing Bank for any LC Disbursement (other than the funding of ABR Revolving Loans or a Swingline Loan as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such LC Disbursement.
Within the limits of each Revolving ▇▇▇▇▇▇’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b).
Revolving Loans may be Base Rate Loans or Term SOFR Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.
Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to the terms and conditions hereof.

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

Revolving Loans shall have the meaning specified in subsection 2(a) hereof.

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

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 (b) of Section 2.01.