Revolving Portion definition

Revolving Portion means, at any time, the Portion of the Loan Facility evidenced by the Total Revolving Loan Commitments.

Revolving Portion means, at any time, the portion of the Loan Facility evidenced by the Total Revolving Loan Commitments.

Revolving Portion means, with respect to the Assigned Debt, the portion thereof obtained by dividing the aggregate principal amount of Assigned Debt times a fraction, the numerator of which is the aggregate principal amount of Revolving Loans outstanding on the Restatement Date and the denominator of which is the aggregate principal amount of Revolving Loans and Term Loans outstanding on the Restatement Date.

Examples of Revolving Portion in a sentence

• Pursuant to the Loan Agreement, Lenders made a loan to the Existing Borrowers in the original maximum principal amount of Two Hundred Million and No/100 Dollars ($200,000,000.00) (the "Loan"), consisting of a Revolving Portion and a Non-Revolving Portion (as such terms are defined in the Loan Agreement).

• Interest shall accrue on the principal amount of the Base Rate Revolving Portion outstanding at the end of each day at a fluctuating rate per annum equal to the Applicable Margin then in effect plus the Base Rate.

• All Swingline Loans shall be treated as Revolving Credit Loans for purposes of this Agreement, except that (a) all Swingline Loans shall be included within the Base Rate Revolving Portion and (b) notwithstanding anything herein to the contrary (other than as set forth in the next succeeding sentence), all principal and interest paid with respect to Swingline Loans shall be for the sole account of Agent in its capacity as the lender of Swingline Loans.

• Pursuant to the Loan Agreement, Lenders made a loan to the Borrowers in the original maximum principal amount of Two Hundred Million and No/100 Dollars ($200,000,000.00) (the "Loan"), consisting of a Revolving Portion and a Non-Revolving Portion (as such terms are defined in the Loan Agreement).

• Prior to the initial Revolving Loan, the Agent and the Banks shall have received and the Agent and the Required Banks shall be satisfied (both as to form and substance) with a pro forma Borrowing Base Certificate which shall be prepared as of a date prior to the Closing Date and which shall indicate that the Borrowing Base on the Closing Date will exceed the initial Borrowings under the Revolving Portion by not less than $5,000,000.

More Definitions of Revolving Portion

Revolving Portion is defined in Section 3.6(c).

Revolving Portion means, at any time, and from time to time, that portion of the then Committed Amount that is not the Non-Revolving Portion.

Revolving Portion means, at any time, and from time to time, that portion of the Committed Amount that is not the Non-revolving Portion; provided, however, notwithstanding anything stated to the contrary herein, until such time as the disbursement of at least $2,500,000 of the Holdback is made, the Revolving Portion shall equal $0.

Revolving Portion means the portion of the Loan that Borrowers are permitted to repay and reborrow hereunder, which amount is equal to (a) from and after the Effective Date and prior to disbursement of the Holdback, $6,000,000, and (b) following disbursement of the Holdback, $10,000,000, subject, however, in all events to reduction in accordance with Section 3.7 below.

Revolving Portion means, in relation to a Home Loan, your Home Loan or any portion of your Home Loan specified in your Loan Agreement as your Revolving Portion (as applicable) or, as the context requires, the outstanding balance under your Revolving Portion at any time.

Revolving Portion is defined in Section 3.6(c). "S-CC" means Stone-Consolidated Corporation, a Canadian federal corporation, and any successor thereto, including Abitibi Consolidated Inc., a Canadian federal corporation resulting from the amalgamation of S-CC and AbitibiPrice Inc.

Revolving Portion means, at any time, and from time to time, that portion of the then Aggregate Commitment that is not the Non-Revolving Portion, which shall include the Tenant Improvement Allocation, provided the amount allocated to the Tenant Improvement Allocation shall only be available as provided in Section 3.5, and shall not be available on a revolving basis unless and until the conditions set forth in Section 3.6 have been satisfied, and an amount equal to the Restricted Commitment shall not be available for disbursement, unless and until a Successful Syndication has occurred.