UK Revolving Credit Advance definition

UK Revolving Credit Advance means an Original UK Revolving Credit Advances, an Extended UK Revolving Credit Advance and a Refinancing UK Revolving Credit Advance.
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UK Revolving Credit Advance has the meaning given that term in Section 1.1(c)(i) of the Agreement.
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UK Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a)-3(i).
Sample 1

Examples of UK Revolving Credit Advance in a sentence

  • Cabinet subsequently considered the outcome of the EIP at its meeting of 25th May 2016, and as per the requirements of the Government’s CIL Regulations, agreed a recommendation to submit the CIL Charging Schedule for adoption by Council at its meeting of 20th July.

  • Each Sterling Swing Line Advance shall be made pursuant to the telephonic notice required pursuant to this Section 1.1(f) or a Notice of UK Revolving Credit Advance delivered by UK Borrower to Sterling Swing Line Lender in accordance with Section 1.1(a)-3.

  • Each UK Revolving Credit Advance shall be made on notice by UK Borrower to one of the representatives of UK Agent identified in Schedule 1.1 at the address specified therein.

  • CLIENTLOGIC HOLDING LIMITED By: Name: Title: This Notice of UK Revolving Credit Advance must be given no later than 1:00 p.m. (New York time) on the Business Day of any proposed UK Revolving Credit Advance and 1:00 p.m. (New York time) on the date which is three (3) Business Days prior to any proposed UK Revolving Credit Advance to be made as a LIBOR or EURIBOR Loan, as the case may be.

  • Until the Commitment Termination Date and subject to the terms and conditions hereof, UK Borrower may from time to time borrow, repay and reborrow under this Section 1.1(a)-3; provided, that the Dollar Equivalent of any UK Revolving Credit Advance to be made at any time shall not exceed UK Borrowing Availability at such time.

  • Any such notice must be given no later than 1:00 p.m. (New York time) (2:00 p.m. (New York time) in the case of any proposed Euro Swing Line Advance or Sterling Swing Line Advance pursuant to Sections 1.1(e)(i) and 1.1(f)(i), respectively) on the date which is three (3) Business Days prior to any proposed UK Revolving Credit Advance to be made as a LIBOR Loan or EURIBOR Loan, as the case may be.

  • The date and amount of each UK Revolving Credit Advance made by Lenders to UK Borrower, the rates of interest applicable thereto and each payment made on account of the principal thereof, shall be recorded by Agent on its books pursuant to Section 1.9 of the Credit Agreement.

  • Any such notice must be given no later than 9:00 a.m. (California time) three Business Days prior to the proposed UK Revolving Credit Advance.

  • Until the Commitment Termination Date, UK Borrower may borrow, repay and reborrow under this Section 1.1(c) in Pounds Sterling; provided that the amount of any UK Revolving Credit Advance to be made at any time shall not exceed the Borrowing Availability at such time.

  • Each UK Revolving Credit Advance shall be made on notice by UK Borrower to one of the representatives of Administrative Agent identified on Schedule 1.1 at the address specified therein.

Related to UK Revolving Credit Advance

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

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

  • Revolving Credit Loans as defined in Section 2.1.

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

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

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

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • 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.

  • 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.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • 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.

  • 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.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

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

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

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

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender to the Borrower.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • 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.

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

  • 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.

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

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