Revolving Period definition

Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.

Revolving Period means the period beginning on the Closing Date and ending on the date when the Amortization Period begins.

Revolving Period. The period commencing on the Closing Date and ending on the day immediately preceding the Termination Date.

Examples of Revolving Period in a sentence

• No request by the Borrower to extend the Revolving Period and/or the Facility Termination Date, as applicable, shall be considered an “Extension Request” if such request is conditioned on an amendment to any other provision of the Transaction Documents.

• At any time during the Revolving Period, with the prior written consent of the Borrower, any Term Lender that is an Affiliate of the Agent (or is the Agent itself) may convert (with notice to the Borrower, the Servicer and the Collateral Agent) any portion of a Term Loan to a Revolving Loan.

• Subject to Section 13.1(e), if any Borrowing Base Deficiency exists, then the Borrower may eliminate such Borrowing Base Deficiency in its entirety by effecting one or more (or any combination thereof) of the following actions: (a) deposit into or credit to the Collection Account cash and Permitted Investments, (b) repay Loans, (c) sell Collateral Obligations in accordance with Section 7.10 or (d) during the Revolving Period, pledge additional Collateral Obligations as Collateral.

• The Borrower may, at any time, deliver a written notice to each Lender Agent (with a copy to the Agent, the Collateral Administrator and the Collateral Agent) requesting an extension of the Revolving Period or, if delivered following the expiration of the Revolving Period, of the Facility Termination Date, for an additional twelve months (each qualifying request, an “Extension Request”).

• Each Extension Request delivered during the Revolving Period shall be deemed to constitute a corresponding request to extend the Facility Termination Date for the same length of time.

More Definitions of Revolving Period

Revolving Period means the period commencing on the Closing Date and ending on the day preceding the earlier to occur of (a) the Commitment Termination Date and (b) the Facility Maturity Date.

Revolving Period means the period from and including the Closing Date to, but not including, the earlier of (a) the day the Controlled Accumulation Period commences and (b) the Pay Out Commencement Date.

Revolving Period means, with respect to any Series of Notes, the period specified in the applicable Series Supplement.

Revolving Period means the period from and including the Closing Date to, but not including, the Amortization Period Commencement Date.

Revolving Period shall have the meaning set forth in the Series Term Sheet.

Revolving Period shall have, with respect to each Series, the meaning specified in the related Supplement.

Revolving Period means the date commencing on the Closing Date and ending on the Commitment Termination Date.