Revolving Loan Yield definition

Revolving Loan Yield means, at the time of the establishment of any additional Commitments pursuant to Section 2.1A(ii), the sum of (i) the Applicable Margin then in effect for Eurodollar Rate Loans under the Commitments (other than such additional Commitments), (ii) the amount that any “LIBOR floor” applicable to such Eurodollar Rate Loans on such date exceeds the Reserve Adjusted Eurodollar Rate for a one-month Interest Period on such date and (iii) one fourth of the Up-Front Fees paid in respect of the Commitments (other than such additional Commitments). If immediately prior to the establishment of any additional Commitments pursuant to Section 2.1A(ii) there shall exist more than one Class of Commitments hereunder, the Revolving Loan Yield shall be determined separately for each such Class.
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Revolving Loan Yield means, at the time of the establishment of any additional Commitments pursuant to Section 2.1 A(iii), the sum of (i) the Applicable Margin (as increased by the Facility Fee Rate applicable on such date) then in effect for Fixed Rate Revolving Loans under the Commitments (other than such additional Commitments), (ii) the amount that any “LIBOR floor” applicable to such Fixed Rate Revolving Loans on such date exceeds the Reserve Adjusted Eurodollar Rate for a one-month Interest Period on such date and (iii) one fourth of the Up-Front Fees paid in respect of the Commitments (other than such additional Commitments). If immediately prior to the establishment of any additional Commitments pursuant to Section 2.1 A(iii) there shall exist more than one Class of Commitments hereunder, the Revolving Loan Yield shall be determined separately for each such Class.
Sample 1
Revolving Loan Yield means, at the time of the establishment of any additional Commitments pursuant to Section 2.1A(ii), the sum of (i) the Applicable Margin then in effect for Eurodollar Loans under the Commitments (other than such additional Commitments) and (ii) one fourth of the Up-Front Fees paid in respect of the Commitments (other than such additional Commitments). If immediately prior to the establishment of any additional Commitments pursuant to Section 2.1A(ii) there shall exist more than one Class of Commitments hereunder, the Revolving Loan Yield shall be determined separately for each such Class.
Sample 1

More Definitions of Revolving Loan Yield

Revolving Loan Yield means, at the time of the establishment of any additional Commitments pursuant to Section 2.1A(ii), the sum of (i) the Applicable Margin then in effect for SOFR Loans under the Commitments (other than such additional Commitments), (ii) the greatest Term SOFR Adjustment then in effect for SOFR Loans under the Commitments (other than such additional Commitments), (iii) the amount that any “SOFR floor” applicable to such SOFR Loans on such date exceeds Adjusted Term SOFR for a one-month Interest Period on such date and (iv) one fourth of the Up-Front Fees paid in respect of the Commitments (other than such additional Commitments). If immediately prior to the establishment of any additional Commitments pursuant to Section 2.1A(ii) there shall exist more than one Class of Commitments hereunder, the Revolving Loan Yield shall be determined separately for each such Class.
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Revolving Loan Yield in Section 1.1 of the Credit Agreement is hereby amended by deleting the parenthetical “(as increased by the Facility Fee Rate applicable on such date)” from clause (i) thereof. (k) Section 2.3A of the Credit Agreement is hereby amended and restated in its entirety as follows: A.
Sample 1
Revolving Loan Yield means, at the time of the establishment of any additional Commitments pursuant to Section 2.1A(iii), the sum of (i) the Applicable Margin (as increased by the Facility Fee Rate applicable on such date) then in effect for Fixed Rate Loans under the Commitments (other than such additional Commitments), (ii) the amount that any “LIBOR floor” applicable to such Fixed Rate Loans on such date exceeds the Reserve Adjusted Eurodollar Rate for a one-month Interest Period on such date and (iii) one fourth of the Up-Front Fees paid in respect of the Commitments (other than such additional Commitments). If immediately prior to the establishment of any additional Commitments pursuant to Section 2.1A(iii) there shall exist more than one Class of Commitments hereunder, the Revolving Loan Yield shall be determined separately for each such Class.
Sample 1

Related to Revolving Loan Yield

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

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • 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.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

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

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

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

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

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

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

  • 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.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Credit Loans as defined in Section 2.1.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

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

  • New Revolving Loans as defined in Section 2.25.

  • 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

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