U.S. RC Facility definition

U.S. RC Facility the revolving credit facility available to the U.S. Borrowers hereunder pursuant to subsection 2.2(a).
View Source
U.S. RC Facility the revolving credit facility available to the U.S. Borrowers hereunder pursuant to subsection 2.1(a), as such revolving credit facility may be increased from time to time pursuant to subsection 2.6 hereof or extended in whole of in part from time to time pursuant to subsection 2.7 hereof.
View Source
U.S. RC Facility means, at any time, the aggregate amount of the U.S. RC Lenders' U.S. RC Commitments at such time.
View Source

Examples of U.S. RC Facility in a sentence

  • All Letters of Credit issued under the U.S. RC Facility shall be denominated in Dollars and shall be issued for the account of the applicable U.S. Borrower.


More Definitions of U.S. RC Facility

U.S. RC Facility the Extending U.S. RC Facility and the Non-Extending U.S. RC Facility, as the case may be.
View Source

Related to U.S. RC Facility

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • LC Facility and together with the Credit Facility, the “Debt Facilities”). Immediately following the consummation of the transactions contemplated hereby, the Company will be in compliance in all material respects with the covenants set forth in the Debt Facilities. Immediately following the repayment of any Consideration as required under Section 9.7(b)(iii)(D) of the Credit Facility, the Company will be able to redraw amounts equal to at least such Consideration.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.