Dollar Denominated Revolving Loan definition

Dollar Denominated Revolving Loan means each Revolving Loan denominated in Dollars.
Dollar Denominated Revolving Loan appearing in Section 1 of the Credit Agreement is hereby amended by inserting the text ", all U.S. Borrower Dual Currency Facility Revolving Loans denominated in U.S. Dollars" immediately following the text "all Multicurrency Facility Revolving Loans denominated in U.S. Dollars" appearing in said definition.
Dollar Denominated Revolving Loan means a Revolving Loan that is made in Dollars.

Examples of Dollar Denominated Revolving Loan in a sentence

  • The failure to so deposit shall not be a Default hereunder to the extent that Excess Availability at such time exceeds such amount paid but shall be deemed a request for Dollar Denominated Revolving Loans in accordance with Section 2.15 hereof and subject to the conditions in Section 3.23 hereof in an aggregate amount equal to the lesser of the amount paid or such Excess Availability and if such Dollar Denominated Revolving Loan is made it shall be deemed to be an Advance hereunder.


More Definitions of Dollar Denominated Revolving Loan

Dollar Denominated Revolving Loan means all Revolving Loans incurred in U.S. Dollars, including all Multicurrency Facility Revolving Loans denominated in U.S. Dollars and all Dollar Facility Revolving Loans.

Related to Dollar Denominated Revolving Loan

  • Dollar Denominated Loan means any Loan incurred in Dollars.

  • 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.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • 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 means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • 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.

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Revolving Credit Loans as defined in Section 2.1.

  • Committed Revolving Line means a credit extension of up to Five Million Dollars ($5,000,000).

  • New Revolving Loans as defined in Section 2.25.

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

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