Examples of US Base Rate Revolving Loan in a sentence
Each drawing under any Letter of Credit shall constitute a request by the US Borrowers to the Administrative Agent for a Borrowing of a US Base Rate Revolving Loan in the amount of such drawing.
Planning around supply needs during re-opening given health and safety guidelines6.
The Agent or the Agent's designee may, at any time after the occurrence and during the continuance of an Event of Default, notify Account Debtors of a Grantor that such Grantor's Accounts have been assigned to the Agent and of the Agent's security interest therein, and may collect them directly and the Agent shall charge the collection costs and expenses to the Loan Account of such Grantor as a U.S. Base Rate Revolving Loan.
All payments that the Agent makes under this Section 16 and all out-of-pocket costs and expenses that the Agent pays or incurs in connection with any action taken by it hereunder shall be charged to the applicable Grantor's Loan Account as a U.S. Base Rate Revolving Loan.