U.S. Revolving Loan definition

U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

U.S. Revolving Loan has the meaning specified in Section 2.01(a)(i).

U.S. Revolving Loan means a Loan made pursuant to Section 2.01(a).

Examples of U.S. Revolving Loan in a sentence

• The aggregate amount of letters of credit outstanding under the U.S. Revolving Loan Commitment and the European Revolving Loan Commitment was approximately $76 and $3,187, respectively.

• Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent (if a U.S. Revolving Loan) or the Multicurrency Administrative Agent with a copy to the Administrative Agent (if a Multicurrency Revolving Loan), of a written Borrowing Request in a form approved by the Applicable Administrative Agent and signed by the Borrower Representative.

• Such Letter of Credit Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the rate per annum applicable to a U.S. Revolving Loan maintained as an ABR Loan.

• Any political subdivision, agency, or instrumentality of the Government of Iran listed solely pursuant to E.O. 13599 for the sale, supply or transfer to or from Iran of precious metals, provided that such transactions are within the scope of the waiver of Sections 1245(a)(1)(A) and 1245(c) of IFCA.

• At any time that the making of such U.S. Revolving Loan would not violate the Revolving Exposure Limitations and the conditions precedent set forth in Section 4.02 have been satisfied, the Administrative Agent may request the U.S. Revolving Lenders to make a U.S. Revolving Loan in Dollars to repay a U.S. Protective Advance.

More Definitions of U.S. Revolving Loan

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

U.S. Revolving Loan means a Revolving Loan made to the Company.

U.S. Revolving Loan means a Loan made by a US Revolving Lender pursuant to Section 2.01(b).

U.S. Revolving Loan is defined in Section 2.2(a) hereof and, as so defined, includes a Base Rate Loan or a Eurodollar Loan, each of which is a “type” of U.S. Revolving Loan hereunder.

U.S. Revolving Loan means, at any time, the sum of (i) the aggregate amount of U.S. Revolving Credit Advances outstanding to U.S. Borrower (including Swing Line Advances) plus (ii) the aggregate Letter of Credit Obligations incurred on behalf of U.S. Borrower. Unless the context otherwise requires, references to the outstanding principal balance of the U.S. Revolving Loan shall include the outstanding balance of Letter of Credit Obligations.

U.S. Revolving Loan means a Revolving Loan made to a U.S. Co-Borrower.

U.S. Revolving Loan means, at any time, the sum of the aggregate amount of US Revolving Credit Advances outstanding to LLTC.