USD Revolving Loans definition

USD Revolving Loans have the meanings given in Section 2.1(a).

USD Revolving Loans has the meaning provided in Section 2.01(a)(i). “USD Swingline Lender” means Bank of America and each other Lender that is so designated by EWI (with the approval of the Administrative Agent and such Lender), each in its capacity as such, together with any successor in such capacity. “USD Swingline Loan” has the meaning provided in Section 2.01(a)(iii). “USD Swingline Sublimit” has the meaning provided in Section 2.01(a)(iii). The USD Swingline Sublimit is a part of, and not in addition to, the Aggregate USD Revolving Commitments. “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Internal Revenue Code. “U.S. Tax Compliance Certificate” has the meaning specified in Section 3.01(e)(ii)(B)(3). “Wholly Owned Subsidiary” means, with respect to any direct or indirect Subsidiary of any Person, that 100% of the Capital Stock with ordinary voting power issued by such Subsidiary (other than directors’ qualifying shares and investments by foreign nationals mandated by applicable Law) is beneficially owned, directly or indirectly, by such Person. NYDOCS02/1161559.5 41

USD Revolving Loans means the Revolving Loans made from time to time pursuant to this Financing Agreement by (i) the Agent or the Lenders to the Borrowing Agent (for the account of the applicable US Borrower) or (ii) the Agent or the Canadian Lenders to the Canadian Borrower (or the Borrowing Agent (for the account of the Canadian Borrower), as the case may be, in each case, denominated in Dollars.

Examples of USD Revolving Loans in a sentence

• Within the foregoing limits and subject to the terms and conditions set forth herein, the Parent Borrower may borrow, prepay and reborrow USD Revolving Loans.

• The Borrowers shall repay to the USD Revolving Lenders on the Maturity Date the aggregate principal amount of USD Revolving Loans outstanding on such date.

• USD Revolving Loans may consist of Base Rate Loans and Fixed LIBOR Rate Loans, or a combination thereof, as the applicable Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof.

• USD Revolving Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

• Amounts to be applied pursuant to this Section 2.05 to the prepayment of USD Revolving Loans, Multi-Currency Revolving Loans and Specified Currency Revolving Loans or the Term Loans shall be applied, as applicable, first to reduce outstanding Base Rate Loans.

• USD Revolving Loans may consist of Base Rate Loans, Floating LIBOR Rate Loans and Fixed LIBOR Rate Loans, or a combination thereof, as the applicable Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof.

• The Borrowers shall pay to the Administrative Agent for the account of each USD Revolving Lender in accordance with its Applicable USD Revolving Percentage, a commitment fee in Dollars equal to the Applicable Rate times the actual daily amount by which the Aggregate USD Revolving Commitments exceed the sum of (i) the Outstanding Amount of USD Revolving Loans and (ii) the Outstanding Amount of L/C-BA Obligations, subject to adjustment as provided in Section 2.16.

• For the avoidance of doubt, the provision of USD Swingline Loans by any USD Swingline Bank shall be in addition to, and shall not relieve such USD Bank from its obligation to make USD Revolving Loans ratably in proportion to the amount of, its USD Commitment.

• Notwithstanding anything to the contrary herein, no USD Revolving Loans, Multi-Currency Revolving Loans or Specified Currency Revolving Loans shall be made to WFS Singapore unless each Lender in the relevant Facility has confirmed in writing to the Administrative Agent that it has a Lending Office located in Singapore or is licensed to lend directly to WFS Singapore.

• The proceeds of such USD Revolving Loans shall be immediately applied to repay the Refunded USD Swing Line Loans.

More Definitions of USD Revolving Loans

USD Revolving Loans means Revolving Loans denominated in U.S. Dollars.