Sweep Plus Revolving Loans definition

Sweep Plus Revolving Loans means those certain revolving credit loans requested by the Borrower in Dollars made pursuant to the Services Agreement.
Sample 1

Examples of Sweep Plus Revolving Loans in a sentence

  • The Sweep Plus Revolving Loans made by the Agent shall be evidenced by a duly executed promissory note of the Borrower to the Agent in an original principal amount equal to the Sweep Plus Revolving Committed Amount and in substantially the form of Exhibit 2.1(d).

  • In the event that the Sweep Plus Revolving Loans are outstanding and the Net Cash Position is a surplus on any Business Day, the Agent shall, in accordance with the Services Agreement, automatically debit the Checking Account on such Business Day in an amount equal to the lesser of such surplus and the principal amount of Sweep Plus Revolving Loans outstanding.

Related to Sweep Plus Revolving Loans

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

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • New Revolving Loans as defined in Section 2.25.

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

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

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

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

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • 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.

  • 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.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • 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

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

  • 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).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

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

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • 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.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).