Revolver Borrower definition

Revolver Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Revolver Borrower is defined in the preamble.
Revolver Borrower means any of the Revolver Borrowers.

Examples of Revolver Borrower in a sentence

  • If requested by an Issuing Bank, the applicable Revolver Borrower also shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Letter of Credit.

  • Promptly following receipt by the Revolver Administrative Agent of any payment from a Revolver Borrower pursuant to this paragraph, the Revolver Administrative Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Revolving Credit Lenders and such Issuing Bank as their interests may appear.

  • Each Issuing Bank shall promptly notify the Revolver Administrative Agent and the applicable Revolver Borrower by telephone (confirmed by email) of such demand for payment and whether such Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve such Revolver Borrower of its obligation to reimburse such Issuing Bank and the Lenders with respect to any such LC Disbursement.

  • At the time any such replacement shall become effective, each Revolver Borrower, severally, shall pay all unpaid fees accrued for the account of the replaced Issuing Bank with respect to such Revolver Borrower pursuant to Section 2.13(b).

  • If a Revolver Borrower fails to make such payment when due, or finance such payment in accordance with the proviso to the preceding sentence, the applicable Issuing Bank shall promptly notify the Revolver Administrative Agent of the applicable LC Disbursement and the Revolver Administrative Agent shall promptly notify each Revolving Credit Lender of the applicable LC Disbursement, the payment then due from such Revolver Borrower in respect thereof and such Lender’s Applicable Percentage thereof.


More Definitions of Revolver Borrower

Revolver Borrower shall have the meaning assigned to that term in the introduction hereto.
Revolver Borrower has the meaning specified in the introductory paragraph hereto
Revolver Borrower means QSC.
Revolver Borrower means, to the extent party hereto, each of New HoldCo, STERIS and any Designated Borrower.
Revolver Borrower as defined in Section 2.23.
Revolver Borrower means a Borrower which is a beneficiary of a Dollar Revolver Commitment or a Sterling Revolver Commitment.
Revolver Borrower means collectively, The GC Net Lease REIT Operating Partnership, L.P., a Delaware limited partnership, Will Partners REIT, LLC, a Delaware limited liability company, The GC Net Lease (Sylmar) Investors, LLC, a Delaware limited liability company, Xxxxxx Properties LLC, a California limited liability company, The GC Net Lease (Loveland) Investors, LLC, a Delaware limited liability company, and any other Person who from time to time becomes a “Borrower” as required by Section 5.12 of the Revolver Credit Agreement.