Rollover Advance definition

Rollover Advance means one or more Advances:

Rollover Advance has the meaning ascribed to it in Clause 8.2 (Rollover Advances).

Rollover Advance means a Revolving Advance which is used to refinance a maturing Revolving Advance and which is the same amount as such maturing Revolving Advance and is to be drawn on the day such maturing Revolving Advance is to be repaid.

Examples of Rollover Advance in a sentence

• If the Borrower notifies the Administrative Agent pursuant to Section 3.2, 3.8 or 10.2 that a Borrowing or a Conversion Advance or a Rollover Advance is to be made by way of Bankers’ Acceptances (or, as the case may be, BA Equivalent Advances), the Borrower shall pay in CDollars at or prior to the time of the Acceptance of each Bankers’ Acceptance an Acceptance Fee on the face value of each Bankers’ Acceptance accepted by a Lender.

• If on any Settlement Date during the Revolving Period there are insufficient Collections to pay all Required Amounts that are then due and owing under Section 2.3, the next available Collections shall be applied to such payments in accordance with Section 2.3, and no Rollover Advance shall be permitted hereunder until such amounts payable have been paid in full.

• Each Rollover Advance will be presumed to consist of Loans made ratably amongst all Lenders in accordance with their respective Principal outstanding.

• Rates) applies to a proposed Advance (other than a Rollover Advance), such an Advance shall not be made.

• The initial Advance shall be subject to Section 4.1 hereof, and all Advances (including the initial Advance and each Rollover Advance) shall be subject to Section 4.2 hereof.

More Definitions of Rollover Advance

Rollover Advance means one or more Facility A Advances:

Rollover Advance means an Advance which is used to refinance a maturing Advance and which is in the same amount and the same currency as such maturing Advance and is to be drawn on the day such maturing Advance is to be repaid.

Rollover Advance means any Advance (other than a Swingline Advance) made during the Availability Period which is drawn down to refinance in whole or in part any outstanding Advance (other than a Swingline Advance) where, after making and applying the proceeds of that Advance, the aggregate principal amount outstanding under the Revolving Credit Facility is not greater than the aggregate amount outstanding under that Facility immediately prior to that Advance being made.

Rollover Advance means the renewal of an Acceptance under the Facility A Credit, or a portion thereof, in accordance with Section 10.2 or Section 10.3 or rollover of a SOFR Loan, or a portion thereof, in accordance with Section 8.14.

Rollover Advance in relation to a Revolving Credit Facility, means one or more Revolving Credit Facility Advances under that Revolving Credit Facility:

Rollover Advance means one or more Revolving Credit Facility Advances:

Rollover Advance has the meaning set forth in Section 2.1.