Revolving Loans A definition

Revolving Loans A means, collectively, the revolving credit loans made to the Borrower by the Lenders pursuant to Section 2.1, including multicurrency loans and swing line loans, up to the aggregate principal amount of $100,000.00.
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Revolving Loans A means, individually and collectively, each loan made to or for the benefit of a Borrower by or on behalf of any Revolving Loan A Lender or by Agent for the ratable account of any Revolving Loan A Lender, pursuant to the Credit Facility as set forth in Section 2.1(a)(i) hereof.
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Revolving Loans A has the meaning specified in Section 2.1(a).
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Examples of Revolving Loans A in a sentence

  • The Revolving Loans (A) shall be denominated in Dollars, (B) shall, at the option of the Revolving Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or Eurodollar Loans, provided that except as otherwise specifically provided in Section 2.10(b), all Revolving Loans comprising the same Borrowing shall at all times be of the same Type and (C) may be repaid and reborrowed in accordance with the provisions hereof.

  • The mayor and City Council will sit as the Board of Canvassers to certify the results of the 2023 Municipal General Election.City Recorder, Pamela Spencer presented the results of the 2023 Municipal General Election.

  • All of the outstanding principal on the Revolving Loans A shall be due and payable in full on the Expiration Date.

  • Term and Revolving Loans: A revolving loan system will be used whereby a member who has shown the ability to repay an existing loan will be allowed to top up the loan to a balance the said member qualifies for even though the previous loan has not been fully repaid.

  • Subject to Section 3.4, each Borrowing (other than a Swingline Borrowing) shall be comprised entirely of (i) Revolving Loans, A Term Loans or B Term Loans, as applicable, and (ii) ABR Loans or Eurodollar Loans, as applicable, in each case as the Borrower may request in accordance herewith.

  • Loans: The Revolving Loans A, the Revolving Loans B and the Term Loan.

  • As described in greater detail below, the Debtors’ significant funded debt obligations include: (a) approximately $289 million in principal amount of obligations under the Debtors’ Revolving Loans A; (b) approximately $30 million in principal amount of obligations under the Debtors’ Revolving Loans A-1; (c) approximately $49 million in principal amount of obligations under the Debtors’ Term Loan B; and (d) approximately $34.4 million in principal obligations under the Debtors’ Term Loan B-1.

  • The parties hereto acknowledge and agree that the Existing Revolving Loans (A) have been made prior to the Restatement Date and (B) shall either remain outstanding as set forth in this Section 2.01(a)(iv) or shall be converted into new Revolving-2 Loans as set forth in Section 2.01(a)(v).

  • The Revolving Loans A shall be evidenced by the Borrower's Revolving Credit Note in the form of Exhibit 1.2 (a) hereto and the Revolving Loans B shall be evidenced by the Borrowers' Revolving Credit and Term Note, in the form of Exhibit 1.2(b) hereto, each payable to the order of the Bank (collectively, the "Notes"), said Revolving Credit Note amends and restates the Original Revolving Note.

  • As of the Petition Date, the Debtors have approximately $440 million in total funded debt obligations, consisting of approximately $327 million and $30 million in two senior secured asset-based revolving loans (the “ Revolving Loans A” and “Revolving Loans A-1,”respectively), and $49 million and $34.4 million under two asset-based term loans (the “Term Loan B” and “Term Loan B-1,” respectively, and, collectively with the Revolving Loans A and Revolving Loans A-1, the “Prepetition Credit Facility”).

Related to Revolving Loans A

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Loan has the meaning specified in Section 2.01(a).

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

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

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Credit Loans as defined in Section 2.1.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • New Revolving Loans as defined in Section 2.25.

  • 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.

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Swing Loans each is defined in Section 1.7 hereof.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

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

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • 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.