Revolver B Loan definition

Revolver B Loan means the loan made by Lenders pursuant to Section 2.01(b) of this Agreement.
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Revolver B Loan means any revolving loan made hereunder pursuant to Section 1.1(b).
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Revolver B Loan has the meaning set forth in Section 2.1.3.
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Examples of Revolver B Loan in a sentence

  • All prepayments of Advances under the Revolver A Loan, the Revolver B Loan and the Term Loan made solely pursuant to this Section 2.05 shall cause the Revolver A Commitment, the Revolver B Commitment, and the Term Loan to be reduced.

  • The application of prepayments made under this Section 2.05 as between the Swingline Loan, the Revolver A Loan, the Revolver B Loan and the Working Line Loan shall be determined in accordance with the provisions of Section 2.13(f) hereof.

  • So long as there exists a Default under Section 9.01(a) hereof or any Event of Default, all mandatory and voluntary prepayments shall be applied to first to Advances outstanding under the Swingline Loan, and secondly to the Revolver B Loan, the Revolver A Loan and the Working Line Loan, pro rata, until the Advances outstanding under each of the Revolver B Loan, the Revolver A Loan and the Working Line Loan have been repaid in full, and then to all remaining outstanding Obligations.

  • The Revolver B Loans comprising each ABR Revolver B Loan Borrowing shall bear interest at the Alternate Base Rate plus 3.00%.

  • The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Revolver B Lender all Obligations outstanding under each Revolver B Loan on the Maturity Date other than contingent obligations under the Loan Documents for which no claim has been made and liquidated and that by the express terms of the Loan Documents survive termination thereof and/or payment in full of the Obligations.

  • Such fee shall be apportioned among the Revolver B Loan Lenders in accordance with their respective Revolver B Exposures.

  • For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "Revolver A Loan" or a "Revolver B Loan") or by Type (e.g., a "Eurodollar Loan") or by Class and Type (e.g., a "Eurodollar Revolver A Loan" or "Eurodollar Revolver B Loan").

  • Each Revolver B Drawing Fee shall be apportioned among the Revolver B Loan Lenders in accordance with their respective Revolver B Exposures.

  • Each Interest Period for any Revolver B Loan which is a Eurodollar Loan or for any Bid Auction B Advance, made, converted or renewed prior to the B Loan Maturity Date, must end on or prior to the B Loan Maturity Date.

  • The Company hereby requests that a [Revolver A or Revolver B] Loan be made in the aggregate principal amount of $-------- on -------- -----, 200- as [a Domestic Loan] [a Eurodollar Loan having an Interest Period of [1] [3] [6] month[s]].


More Definitions of Revolver B Loan

Revolver B Loan means a Loan made (or deemed made) pursuant to Section 2.01(a).
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Related to Revolver B Loan

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

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

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • 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.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • LIBOR Revolver Loan a Revolver Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • 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.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • 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 Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan as defined in Section 2.1.