Tranche 2 Revolving Credit Loan definition

Tranche 2 Revolving Credit Loan has the meaning set forth in Section 2.01(e).
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Tranche 2 Revolving Credit Loan means a Loan made or deemed made pursuant to Section 2.01(b)(ii).
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Tranche 2 Revolving Credit Loan a Revolving Credit Loan made in respect of a Tranche 2 Revolving Credit Commitment.
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Examples of Tranche 2 Revolving Credit Loan in a sentence

  • If the Lead Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Lead Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Revolving Credit Loans shall be made as, or converted to, Base Rate Loans as a Tranche 2 Revolving Credit Loan to the extent of the aggregate Tranche 2 Revolving Credit Commitments and then as a Tranche 1 Revolving Credit Loan.

Related to Tranche 2 Revolving Credit Loan

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

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • 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.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Refinancing Revolving Credit Commitments has the meaning specified in Section 2.15(a).

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