Revolving Term Facility definition

Revolving Term Facility is defined in Section 2.1.

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Revolving Term Facility means the Revolving Term Facility established pursuant to Section 2.2.

Revolving Term Facility means the revolving credit and term loan facility provided to the Borrower by various lenders and KeyBank National Association, as administrative agent, pursuant to that certain Fourth Amended and Restated Loan Agreement dated as of the date hereof, and various documents and instruments executed in connection therewith, as all of the foregoing have been and may hereafter be amended.

Examples of Revolving Term Facility in a sentence

All principal, interest and fees outstanding under the Revolving Term Facility shall be due and payable pursuant to the Revolving Term Note except to the extent otherwise provided for in this Agreement.
Within such limits and subject to the other terms and conditions of this Agreement and the other Loan Documents, the Company may borrow, repay, and reborrow under the Revolving Term Facility.
The proceeds of the Revolving Term Facility shall be used to refinance the existing indebtedness of the Company and provide Working Capital for the Company, and the Company shall use the Loans for no other purpose.
Amounts owed under the Revolving Term Facility shall be evidenced by a promissory note of the Company, substantially in the form of Exhibit B hereto and otherwise in form and substance satisfactory to Agent, payable to the order of Lender (as amended, restated, modified, supplemented, replaced, refinanced or renewed from time to time, the “Revolving Term Note”).
The entire remaining indebtedness evidenced by this Note, if not sooner paid in accordance with the terms of the Agreement or this Note, shall be due and payable on the Revolving Term Facility Expiration Date.
Subject to the terms and conditions of this Agreement, the Revolving Term Note and the other Loan Documents, prior to the Revolving Term Facility Expiration Date, upon the request of the Company, Lender shall make loans to the Company under the Revolving Term Facility (each, a “Revolving Term Loan”); provided, that in no event shall Lender be obligated to make a Revolving Term Loan that, when added to the then-current Revolving Term Facility Usage, would exceed at any time the Revolving Term Commitment.
Accruing from the date hereof until the Revolving Term Facility Expiration Date, the Company agrees to pay to the Agent a nonrefundable commitment fee (the “Unused Commitment Fee”) equal to 0.75% per annum (computed on the basis of a year of 360 days for the actual number of days elapsed) multiplied by the average daily positive difference between the amount of (i) the Revolving Term Commitment minus (ii) the aggregate principal amount of all Loans then outstanding.
The Revolving Term Facility Lenders shall have no obligation to make Revolving Term Loans hereunder on or after the Maturity Date with respect to the Revolving Term Credit Facility.
In addition to any prepayments made pursuant to Sections 2.11 and 2.12, the Borrower shall repay the entire outstanding principal amount of Revolving Term Advances, together with all outstanding interest thereon and unpaid fees with respect thereto, on the Maturity Date of the Revolving Term Facility.
All Unused Commitment Fees shall be payable monthly in arrears on the 20th day of each month hereafter, commencing on December 20, 2016, and on the Revolving Term Facility Expiration Date.

More Definitions of Revolving Term Facility

Revolving Term Facility means the senior secured revolving term facility to finance investments which forms part of our Credit Facilities.

Revolving Term Facility means the revolving credit and term loan facility provided to the Borrower by various lenders and KeyBank National Association, as administrative agent, pursuant to that certain Fourth Amended and Restated Loan Agreement dated as of September 8, 2017, as amended by that certain First Amendment to Fourth Amended and Restated Loan Agreement dated as of the date hereof, and various documents and instruments executed in connection therewith, as all of the foregoing have been and may hereafter be amended.

Revolving Term Facility means the revolving term credit facility being made available to the Borrower by the Revolving Term Lenders pursuant to Section 2.14(a).

Revolving Term Facility means the extendible revolving term loan facility more particularly described in Section 2.4.

Revolving Term Facility means the revolving term facility established pursuant to this First Supplement.

Revolving Term Facility means the revolving credit facility established pursuant to this Second Supplement.