RCF Loans definition

RCF Loans means the loans outstanding under the RCF Credit Agreement.
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RCF Loans means all of them as the context requires;
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RCF Loans has the meaning set forth in the recitals hereof.
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Examples of RCF Loans in a sentence

  • If the Borrowers fail to specify a currency in a Committed Loan Notice requesting a Multicurrency RCF Borrowing, then the Multicurrency RCF Loans so requested shall be made in Dollars.

  • The proceeds of RCF Loans and Swing Line Loans incurred after the Closing Date shall be used by the Borrowers to finance the working capital and business requirements of, and for general corporate purposes of, the Parent Borrower and its Subsidiaries.

  • Multicurrency RCF Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • US Dollar RCF Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • The obligations to indemnify the Issuing Lender and Swing Line 164 Lender shall be ratable among the RCF Lenders in accordance with their respective RCF Commitments (or, if the RCF Commitments have been terminated, the outstanding principal amount of their respective RCF Loans and L/C Obligations and their respective participating interests in the outstanding Letters of Credit and shall be payable only by the RCF Lenders).

  • The proceeds of the Initial Term Loans and RCF Loans incurred on the Closing Date will be used by the Parent Borrower to finance, in part, payments required in connection with the Recapitalization and to pay the fees and expenses incurred in connection with the Transaction.

  • The obligations to indemnify the Issuing Lender and Swing Line Lender shall be ratable among the RCF Lenders in accordance with their respective RCF Commitments (or, if the RCF Commitments have been terminated, the outstanding principal amount of their respective RCF Loans and L/C Obligations and their respective participating interests in the outstanding Letters of Credit and shall be payable only by the RCF Lenders).

  • Partial prepayments pursuant to this subsection 4.4(a) shall be in multiples of $1,000,000 (or, in the case of partial prepayments made by the Canadian Borrowers, Cdn$1,000,000) (or, if the RCF Loans then outstanding are less than $1,000,000 or Cdn$1,000,000, as applicable, such lesser amount), provided that, notwithstanding the foregoing, any Loan may be prepaid in its entirety.

  • Notwithstanding anything to the contrary above, no notice to the Administrative Agent shall be required in connection with the repayment of Term Loans with the proceeds of US Dollar RCF Loans, Replacement Term A-1 Loans, Replacement Term A-2 Loans and Replacement Term B Loans incurred on the Second Amendment Effective Date.

  • The Borrowers may elect from time to time to convert outstanding (i) Term Loans from ABR Loans to Eurocurrency Loans and (ii) RCF Loans made or outstanding in Dollars from ABR Loans to Eurocurrency Loans outstanding in Dollars and, in each case by giving the U.S. Administrative Agent or the Canadian Administrative Agent, as applicable, at least three Business Days' prior irrevocable notice of such election.

Related to RCF Loans

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Term Loans as defined in Section 2.1.

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

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • New Revolving Loans as defined in Section 2.25.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

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

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Revolving Credit Loans as defined in Section 2.1.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.