This Revolving Credit definition

This Revolving Credit. Note is issued in exchange and substitution for a Revolving Credit Note dated June 7, 1994 and evidences one or more Revolving Credit Loans made under a Credit Agreement, dated as of June 1, 1994 (as now and hereafter amended or modified from time to time, the "Credit Agreement"), by and among the Companies, the banks (including the Bank) named therein and NBD Bank, as co-agent for the banks, and The First National Bank of Boston, as co-agent for the banks, to which reference is hereby made for a statement of the circumstances under which this Revolving Credit Note is subject to prepayment and under which its due date may be accelerated and for a description of the collateral and security securing this Revolving Credit Note. Capitalized terms used but not defined in this Revolving Credit Note shall have the respective meanings assigned to them in the Credit Agreement. This Revolving Credit Note is made under, and shall be governed by and construed in accordance with, the laws of the State of Michigan in the same manner applicable to contracts made and to be performed entirely within such State and without giving effect to choice of law principles of such State. CELADON GROUP, INC. By: ------------------------------------- Its: ------------------------------------ CELADON TRUCKING SERVICES, INC. By: ------------------------------------- Its: ------------------------------------ Schedule to Revolving Credit Note, dated March , 1997, made by Celadon Group, Inc. and Celadon Trucking Services, Inc. in favor of Principal Amount Trans- Principal Type Interest Paid,Pre- Principal action Amount of of Interest Period (if paid or Balance Notation Date Loan Loan* Rate applicable) Converted Outstanding Made by ------- --------- ----- -------- ---------- ---------- ----------- --------- ------------- * E - Eurodollar Rate F - Floating Rate REVOLVING CREDIT NOTE -3- SCHEDULE 4.4 SUBSIDIARIES INCORPORATION RECORD AND CORPORATION NAME JURISDICTION BENEFICIAL OWNER Celadon Real Estate Corp. DE Celadon Trucking Services, Inc. Celadon Trucking Services of IN Celadon Trucking SErivces, Inc. Indiana, Inc. Cheetah Transportation, Inc. NC Celadon Group, Inc. Celadon Logistics, Inc. DE Celadon Group, Inc. Celadon Air Mexicana MEX Celadon Logistics, Inc. Celadon Express, Inc. DE Celadon Group, Inc. Celadon Acquisition Corp. IN Celadon Group, Inc. Celadon Container Services, Inc. MI Celadon Group, Inc. RIL Acquisition Corp. DE Celadon Group, Inc. RIL, Inc. DE RIL Group, Ltd. Interna...
Sample 1
This Revolving Credit. Note is issued in replacement of, but not in repayment of, that certain Revolving Credit Note dated June 28, 1995 in the stated principal amount of $13,000,000 payable by the Company to the Bank and NBD Bank, a Michigan banking corporation. This Revolving Credit Note is made under, and shall be governed by and construed in accordance with, the laws of the State of Indiana applicable to contracts made and to be performed entirely within such State and without giving effect to the choice of law principles of such State. PATRICK INDUSTRIES, INC. By: David D. Lung Its: President And: Keith V. Kankel Its: Vice Presxxxxx - Xxxxxxx Schedule to Revolving Credit Note dated February 2, 1997 made by Patrick Industries, Inc. in favor of NBD Bank, an Indiana xxxxxxg corporation Eurodollar Interest Principal Period Principal Principal Trans- Amount Type (If Ap- Amount Balance action of of Interest plicable) Paid or Outstand- Notation Date Loan Loan* Rate Prepaid ing Made by
Sample 1
This Revolving Credit. Note is given in modification, replacement and restatement of the Original Revolving Credit Note, but not in repayment or extinguishment of the unpaid indebtedness evidenced by the Original Revolving Credit Note, and all indebtedness formerly evidenced by said Original Revolving Credit Note and unpaid on the date hereof shall now be evidenced by this Revolving Credit Note, and as of the date hereof, said Original Revolving Credit Note shall no longer evidence said outstanding indebtedness. This Revolving Credit Note shall not be considered to be a novation of said Original Revolving Credit Note as this Revolving Credit Note evidences the same indebtedness. (Signature Page Follows)
Sample 1

Examples of This Revolving Credit in a sentence

  • This Revolving Credit Agreement, including the Schedules and Exhibits hereto.

  • This Revolving Credit Note is issued in connection with, and is entitled to the benefits of, the Credit Agreement which, among other things, contains provisions for the acceleration of the maturity hereof upon the happening of certain events, for prepayment of the principal hereof prior to the maturity hereof and for the amendment or waiver of certain provisions of the Credit Agreement, all upon the terms and conditions therein specified.

  • This Revolving Credit Note is one of the Revolving Credit Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein.

  • This Revolving Credit Note is entitled to the benefits of, and evidences Obligations incurred under, the Credit Agreement, to which reference is made for a description of the security for this Revolving Credit Note and for a statement of the terms and conditions on which the Borrower is permitted and required to make prepayments and repayments of principal of the Obligations evidenced by this Revolving Credit Note and on which such Obligations may be declared to be immediately due and payable.

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  • This Revolving Credit and Term Loan Agreement, including the Schedules and Exhibits hereto.

  • This Revolving Credit Note is also entitled to the benefits of the Guaranty and is secured by the Collateral.

  • This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

  • This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

  • This Revolving Credit Note is also entitled to the benefits of the Guaranty.

Related to This Revolving Credit

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

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

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.