Revolving Bank definition

Revolving Bank means each Bank that has a Revolving Commitment or that is a holder of a Revolving Loan made under the Revolving Commitments.

Revolving Bank means each Bank that holds a Revolving Commitment.

Revolving Bank means each bank or other financial institution from time to time that has a Revolving Commitment or that holds Revolving Extensions of Credit in accordance with the terms hereof.

Examples of Revolving Bank in a sentence

• Revolving Bank Account with America First Credit Union (impress of $5000).

• Without limiting the foregoing, the provisions of Article 5 and Sections 6.3, 7.1, 7.2 and 7.4 shall not apply to the Revolving Bank Facility Administrative Agent, the Revolving Bank Facility Lenders or the Revolving Bank Facility Obligations, and the term Persons, as used therein, shall exclude the Revolving Bank Facility Administrative Agent and the Revolving Bank Facility Lenders in respect of the Revolving Bank Facility Obligations.

• By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Banks, such Issuing Bank hereby grants to each Revolving Bank, and each Revolving Bank hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Revolving Bank’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit.

• The Revolving Bank Facility contains financial covenants and restrictions including the requirement to meet certain financial ratios and financial condition tests.

• Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Revolving Bank, specifying in such notice such Revolving Bank’s Applicable Percentage of such Swingline Loans.

More Definitions of Revolving Bank

Revolving Bank means, at any time, any Bank that has a Revolving Commitment at such time.

Revolving Bank means any:

Revolving Bank means, at any time, (a) so long as any Revolving Commitment is in effect, any Bank that has a Revolving Commitment at such time or (b) if the Revolving Commitments have terminated or expired, any Bank that has a Revolving Loan or a participation in LOC Obligations or Swingline Loans at such time.

Revolving Bank means a Bank with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Bank with Revolving Exposure.

Revolving Bank means each Bank listed on Schedule 2.1.1 as a "Revolving -------------- -------------- Bank" and any successor thereof or assignee of all or a portion of such Bank's Revolving Commitment (or, after the Revolving Commitments have terminated, such Bank's Revolving Loans).

Revolving Bank means (a) any financial institution listed on Schedule 1 hereto as having a Revolving Commitment and (b) any Person that shall have become a party to this Agreement (i) as an Additional Revolving Bank pursuant to Section 2.16 or (ii) as a Revolving Bank pursuant to an Assignment and Assumption Agreement with respect to which all or any portion of a Revolving Loan and/or Revolving Commitment was assigned to such Person, and in

Revolving Bank means, at any time, (a) so long as any Revolving Commitment is in effect, any Bank that has a Revolving Commitment at such time or (b) if the Revolving Commitments have terminated or expired, any Bank that has a Revolving Loan or a participation in LOC Obligations or Swingline Loans at such time. “Revolving Commitment” means, with respect to each Bank, the commitment of such Bank to make Revolving Loans in an aggregate principal amount outstanding at any time up to such Bank’s Revolving Committed Amount. “Revolving Commitment Percentage” means, with respect to each Bank, a fraction (expressed as a percentage) the numerator of which is the Revolving Committed Amount of such Bank at such time and the denominator of which is the Aggregate Revolving Committed Amount at such time. The initial Revolving Commitment Percentage of each Bank is set forth on Schedule 2.1. “Revolving Committed Amount” means, with respect to each Bank, the amount of such Bank’s Revolving Commitment, as such amount may from time to time be reduced in accordance with the provisions hereof. The initial Revolving Committed Amount of each Bank on the Closing Date is set forth on Schedule 2.1. “Revolving Exposure” means, as to any Bank at any time, the aggregate principal amount at such time of its outstanding Revolving Loans and such Bank’s participation in LOC Obligations and Swingline Loans at such time. “Revolving Loans” has the meaning assigned to such term in Section 2.1(a). “Revolving Obligations” means the aggregate Outstanding Amount of all Revolving Loans, Swingline Loans and LOC Obligations.