Revolving Portion definition

Revolving Portion means, at any time, the Portion of the Loan Facility evidenced by the Total Revolving Loan Commitments.

Revolving Portion means, with respect to the Assigned Debt, the portion thereof obtained by dividing the aggregate principal amount of Assigned Debt times a fraction, the numerator of which is the aggregate principal amount of Revolving Loans outstanding on the Restatement Date and the denominator of which is the aggregate principal amount of Revolving Loans and Term Loans outstanding on the Restatement Date.

Revolving Portion means, at any time, and from time to time, that portion of the then Committed Amount that is not the Non-Revolving Portion.

Examples of Revolving Portion in a sentence

• Interest shall accrue on the principal amount of the Base Rate Revolving Portion outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Base Rate.

• Pursuant to the Loan Agreement, Lenders made a loan to the Existing Borrowers in the original maximum principal amount of Two Hundred Million and No/100 Dollars ($200,000,000.00) (the "Loan"), consisting of a Revolving Portion and a Non-Revolving Portion (as such terms are defined in the Loan Agreement).

• Pursuant to the Loan Agreement, Lenders made a loan to the Borrowers in the original maximum principal amount of Two Hundred Million and No/100 Dollars ($200,000,000.00) (the "Loan"), consisting of a Revolving Portion and a Non-Revolving Portion (as such terms are defined in the Loan Agreement).

• All Swingline Loans shall be treated as Revolving Credit Loans for purposes of this Agreement, except that (a) all Swingline Loans shall be included within the Base Rate Revolving Portion and (b) notwithstanding anything herein to the contrary (other than as set forth in the next succeeding sentence), all principal and interest paid with respect to Swingline Loans shall be for the sole account of Agent in its capacity as the lender of Swingline Loans.

• Co-Borrowers hereby irrevocably authorize Agent, in Agent’s sole discretion, to advance to Co-Borrowers, and to charge to Co-Borrowers’ Loan Account hereunder as a Revolving Credit Loan (which shall be a Base Rate Revolving Portion), a sum sufficient to pay all interest accrued on the Obligations during the immediately preceding month and to pay all fees, costs and expenses and other Obligations at any time owed by Co-Borrowers to Agent or any Lender hereunder on the due date therefore.

More Definitions of Revolving Portion

Revolving Portion is defined in SECTION 3.6(c).

Revolving Portion means the revolving portion of the Loan in the amount of $94,000,000.00, subject to possible increase or decrease in accordance with an increase or decrease in the Committed Amount, or a reallocation of the Committed Amount from the Non-revolving Portion to the Revolving Portion under Section 7.27 hereof.

Revolving Portion means, in relation to a Home Loan, your Home Loan or any portion of your Home Loan specified in your Loan Agreement as your Revolving Portion (as applicable) or, as the context requires, the outstanding balance under your Revolving Portion at any time.

Revolving Portion means, at any time, and from time to time, that portion of the Committed Amount that is not the Non-revolving Portion; provided, however, notwithstanding anything stated to the contrary herein, until such time as the disbursement of at least $2,500,000 of the Holdback is made, the Revolving Portion shall equal $0.

Revolving Portion means a portion of the Aggregate Commitments on the Third Amendment Effective Date equal to $425,000,000.

Revolving Portion is defined in Section 3.6(c). "S-CC" means Stone-Consolidated Corporation, a Canadian federal corporation, and any successor thereto, including Abitibi Consolidated Inc., a Canadian federal corporation resulting from the amalgamation of S-CC and AbitibiPrice Inc.

Revolving Portion means, the aggregate principal amount of up to $18,000,000.