Initial Revolving Loans definition

Initial Revolving Loans means the revolving loans made by the Initial Revolving Lenders to the Borrower pursuant to Section 2.01(b).
Initial Revolving Loans as defined in subsection 2.1(b)(i).

Examples of Initial Revolving Loans in a sentence

  • Within the foregoing limits and subject to the terms, conditions and limitations set forth herein, Initial Revolving Loans may be borrowed, paid, repaid and reborrowed.

  • For purposes of computing commitment fees, an Initial Revolving Commitment of an Initial Revolving Lender shall be deemed to be used to the extent of the outstanding Initial Revolving Loans.

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

  • During the Initial Revolving Availability Period the Borrower may use the Initial Revolving Commitments by borrowing, prepaying and reborrowing the Initial Revolving Loans in whole or in part, all in accordance with the terms and conditions hereof.

  • Unless otherwise set forth in an amendment to this Agreement, all Loans made by the Lender on account of the Incremental Revolving Commitment (any such Loans, the “Incremental Revolving Loans”) shall have the same terms applicable to the Initial Revolving Loans set forth in this Agreement.


More Definitions of Initial Revolving Loans

Initial Revolving Loans means the revolving credit loans of each Lender holding an Initial Revolving Commitment.
Initial Revolving Loans shall have the meaning provided in Section 2.01(b).
Initial Revolving Loans has the meaning specified in Section 2.1(a) (The Commitments).
Initial Revolving Loans means the Revolving Loans made on the Effective Date pursuant to Section 2.01(i).
Initial Revolving Loans means the Loans made by Revolving Lenders pursuant to Section 2.01(c). Each Initial Revolving Loan shall be a Eurocurrency Loan denominated in an Agreed Currency (other than Pounds Sterling), an RFR Loan denominated in Pounds Sterling or an ABR Loan denominated in Dollars.