Revolving Credit Tranche definition

Revolving Credit Tranche has the corresponding meaning with respect to Group Total Revolving Credit Outstandings and Group Revolving Credit Commitments of such Revolving Credit Tranche only.
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Revolving Credit Tranche means the 2018 Revolving Credit Tranche or the 2020 Revolving Credit Tranche, as applicable.
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Revolving Credit Tranche means the tranche hereunder relating to the Revolving Credit Commitments, the Loans made thereunder and the Lenders having Revolving Credit Commitments or Credit Exposure in respect of such Loans.
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Examples of Revolving Credit Tranche in a sentence

  • If funds cannot be advanced under the Revolving Credit Tranche because the Revolving Credit Commitment has been terminated under SECTION 12.1, then Borrower's reimbursement obligation shall constitute a demand obligation.

  • The Sub-Class of Credit Line Secured Creditors is divided into two tranches: Revolving Credit Tranche or “Facility A” and The Subordinated Tranche or “Facility B”.

  • The Fourth Amendment to Revolving Credit, Tranche B Loan and Security Agreement, dated as of June 18, 2007, among the Borrowers, the Lenders, the Administrative Agent and the Canadian Agent.Fourth Amendment Effective Date.

  • There could be two floors of retail with the top floor dedicated to office space.

  • If the Revolving Credit Commitment Usage ever exceeds the aggregate commitment under the Revolving Credit Tranche, Borrower shall pay Principal Debt under the Revolving Credit Tranche in at least the amount of that excess, together with (i) all accrued and unpaid interest on the principal amount so paid and (ii) any resulting Funding Loss.

  • The Principal Debt under the Revolving Credit Tranche is due and payable on the Revolving Credit Termination Date.

  • Agent shall promptly distribute reimbursement payments received from Borrower to all Lenders according to their Pro Rata Part of the Revolving Credit Tranche.

  • Revolving Credit Tranche or “Facility A” corresponds to the amounts owed under "Facility A" as such term is defined in the Line of Credit, and with respect to which the Company owes the following amounts for the following concepts: Principal: USD 50,000,000; Interest: USD 3,968,984.68; Costs and expenses: USD 55,369.

  • Fourth Amendment to Revolving Credit, Tranche B Loan and Security Agreement, dated as of June 18, 2007.

  • During each fiscal year of the Companies there must be a period of at least 30 consecutive days (which period must include April 15th of such year) when the unused portion of the aggregate commitment under the Revolving Credit Tranche equals or exceeds $50,000,000.


More Definitions of Revolving Credit Tranche

Revolving Credit Tranche means, for purposes of Section 8.04, each of (i) the U.S. Revolving Credit Commitments and the U.S. Revolving Credit Loans and (ii) the Multicurrency Revolving Credit Commitments and the Multicurrency Revolving Credit Obligations.
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Revolving Credit Tranche means the tranche hereunder relating to the Revolving Credit Commitments, the Loans made thereunder and the Lenders having Revolving Credit Commitments or Revolving Credit Exposure.
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Revolving Credit Tranche means the AUD RC Tranche, the GBP RC Tranche, the Multicurrency RC Tranche and/or the USD RC Tranche, as the context may require.
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Revolving Credit Tranche means the tranche hereunder relating to the Revolving Credit Commitments, the Advances made thereunder and the Lenders having Revolving Credit Commitments or Credit Exposure in respect of such Advances.
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Revolving Credit Tranche means the Revolving Credit Base Rate Tranche, any Revolving Credit Eurodollar Tranche or any Revolving Credit Foreign Currency Tranche.
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Revolving Credit Tranche. A TRANCHE B LENDER AND ADDRESS COMMITMENT COMMITMENT COMMITMENT TOTAL ------------------ ---------------- ---------------- ---------------- ---------------- Wellx Xxxgo Bank, N.A. $2,333,333.33 $2,666,666.67 $5,000,000.00 $10,000,000.00 Applicable Lending Office for all Loans: Wellx Xxxgo Bank, N.A. 555 Xxxxxxxxxx Xx., 17th Floor San Francisco, CA 94111 Address for Notices: Wellx Xxxgo Bank, N.A. Commercial Loan Accounting 201 0xx Xx., 0xx Xxxxx Xxx Xxxxxxxxx, XX 00000 Xxtn: Evelxx Xxxxx Xxxsimile: (415) 000-0000 Xxmerica Bank $4,200,000.00 $4,800,000.00 -0- $ 9,000,000.00 Applicable Lending Office for all Loans and Address for Notices: Comerica Bank 500 Xxxxxxxx Xxx., MC 3269 Detroit, MI 48226 Attn: Bevexxx Xxxxx Xxxsimile: (313) 000-0000 117 REVOLVING CREDIT TRANCHE A TRANCHE B LENDER AND ADDRESS COMMITMENT COMMITMENT COMMITMENT TOTAL ------------------ ---------------- ---------------- ---------------- ---------------- Firstar Bank Milwaukee, N.A. $4,200,000.00 $4,800,000.00 -0- $ 9,000,000.00 Applicable Lending Office for all Loans: Firstar Bank Milwaukee, N.A. 777 X. Xxxxxxxxx Xxx. Xxxxxxxxx, XX 00000 Xxdress for Notices: Firstar Bank Milwaukee, N.A. P.O. Xxx 0000 Xxxxxxx, XX 00000-0000 Xxtn: Brenxx Xxxxxx Xxxsimile: (920) 000-0000 Xxrrxx Xxxst and Savings Bank $4,200,000.00 $4,800,000.00 -0- $ 9,000,000.00 Applicable Lending Office for all Loans: Harrxx Xxxst and Savings Bank 111 Xxxx Xxxxxx Xxxxxx Xxxxxxx, XX 00000 Xxdress for Notices: Harrxx Xxxst and Savings Bank 111 Xxxx Xxxxxx Xxxxxx, Xxxxx 00 Xxxx Xxxxxxx, XX 00000 Xxtn: Iselx Xxxxxx Xxxsimile: (312) 000-0000 118 REVOLVING CREDIT TRANCHE A TRANCHE B LENDER AND ADDRESS COMMITMENT COMMITMENT COMMITMENT TOTAL ------------------ ---------------- ---------------- ---------------- ---------------- National City Bank $4,200,000.00 $4,800,000.00 -0- $ 9,000,000.00 Applicable Lending Office for all Loans: National City Bank 1900 X. Xxxxx Xx. Xxxxxxxxx, XX 00000 Xxdress for Notices: National City Bank 23000 Xxxx Xxxxx Xxxx. Xxxxxxxx Xxxxx, XX 00000 Xxtn: Larrx Xxxxx Xxxsimile: (216) 000-0000 X.S. Bank National Association $4,200,000.00 $4,800,000.00 -0- $ 9,000,000.00 Applicable Lending Office for all Loans: U.S. Bank National Association 701 Xxx Xxxxxx Xxx Plaines, IL 60016 Address for Notices: U.S. Bank National Association 701 Xxx Xxxxxx, Suite 800 Des Plaines, IL 60016 Attn: Joycx Xxxxx Xxxsimile: (847) 000-0000
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Related to Revolving Credit Tranche

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

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

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Aggregate Revolving Credit Commitments means the Revolving Credit Commitments of all the Lenders.

  • Total Revolving Credit Commitment means, at any time, the aggregate amount of the Revolving Credit Commitments, as in effect at such time. The initial Total Revolving Credit Commitment is $90,000,000.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • 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 Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Revolving Credit Aggregate Commitment means Seventy-Five Million Dollars ($75,000,000), subject to reduction or termination under Sections 2.11 or 9.2 hereof.

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.