Rollover Credit definition

Rollover Credit means one or more Loans under a Revolving Credit Facility:
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Rollover Credit means one or more Credits:
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Rollover Credit means one or more Utilisations:
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Examples of Rollover Credit in a sentence

  • Prior to the Closing, at the request of the Buyer, the Sellers will deliver, or will cause the applicable Hostess Entity to deliver, prepayment notices under the Rollover Credit Agreements in respect of the payments to be made pursuant to clause (vi) of the previous sentence, which prepayment notices may be conditional in accordance with the terms of the Rollover Credit Agreements.

  • As of the date hereof, no Rollover Credit Agreement Default has occurred and is continuing.

  • On any date on which a Rollover Credit is to be advanced to fund repayment of an outstanding Revolving Facility Loan, unless otherwise requested by the relevant Borrower, the Lenders will set-off their obligations to advance such Rollover Credit against that Borrower’s obligation to repay the Revolving Facility Loan so intended to be repaid and, to the extent of such set off, that Borrower’s obligation shall be satisfied.

  • Notwithstanding the foregoing, on a quarterly basis during the Term, Licensee shall pay to Licensor the greater of an amount equal to the Guaranteed Minimum Royalty (subject to any Sales Year 1 Guaranteed Minimum Royalty Rollover Credit set forth above) or the actual Sales Royalty due on the Net Sales for such quarterly period.

Related to Rollover Credit

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Rollover Date means the date of commencement of a new Interest Period applicable to a Loan and which shall be a Banking Day.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Rollover Loan means one or more Loans:

  • Rollover Contribution Account means, for any Participant, the account described in Section 12.1 or 12.2, as established by the Administrator or the Trustee, to which the Participant's Rollover Contribution, if any, is allocated.