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Revolving Loan Borrowing definition

Revolving Loan BorrowingĚýmeans a borrowing of a Revolving Loan.
Revolving Loan BorrowingĚýmeans a borrowing by the Borrower consisting of the Revolving Loans made by each of the Revolving Lenders to the Borrower on the same date and of the same Type pursuant to a single Notice of Loan Borrowing for Revolving Loans.
Revolving Loan BorrowingĚýmeans each extension of credit made by (a) the Revolving Lenders consisting of simultaneous Revolving Loans of the same type, having the same Interest Period made by the same Revolving Lenders on the same Business Day pursuant to the same Borrowing Request or (b) the Issuer by its issuance of a Letter of Credit.

Examples of Revolving Loan Borrowing in a sentence

  • All Revolving Loans in each Revolving Loan Borrowing shall, at any given time prior to maturity, bear interest at one, and only one, of the above rates.

  • Borrowers shall deliver to Agent a Notice of Borrowing with respect to each proposed Revolving Loan Borrowing, such Notice of Borrowing to be delivered before 1:00 p.m. (Eastern time) two (2) Business Days prior to the date of such proposed borrowing.

  • To request a Revolving Loan Borrowing or Term Loan Borrowing, the Borrower shall notify the Administrative Agent of such request, which notice may be given by (A) telephone or (B) a Borrowing Request; provided that any telephone notice must be confirmed promptly by delivery to the Administrative Agent of a Borrowing Request.

  • Each ABR Borrowing when made shall be in a minimum principal amount of $100,000; provided that an ABR Revolving Loan Borrowing may be made in a lesser aggregate amount that is (x) equal to the entire aggregate Unused Revolving Credit Commitments or (y) required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.05(e).

  • If such Lender shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Revolving Loan as part of such Revolving Loan Borrowing for purposes of this Agreement.


More Definitions of Revolving Loan Borrowing

Revolving Loan BorrowingĚýmeans any aggregate amount of principal advanced on the same day and pursuant to the same Revolving Loan Borrowing Request under the revolving loan facility created in Section 2.1.
Revolving Loan BorrowingĚýmeans Revolving Loans of the same type and, ------------------------ in the case of LIBO Rate Loans, having the same Interest Period, made by all Lenders on the same Business Day and pursuant to the same Revolving Loan Borrowing Request in accordance with Section 2.1. -----------
Revolving Loan Borrowing.Ěý“Term Loanâ€� or â€�Term Loan Borrowingâ€�) or by Type (e.g., a â€�Eurocurrency Loanâ€� or â€�Eurocurrency Borrowingâ€�) or by Class and Type (e.g., a â€�Eurocurrency Revolving Loanâ€� or â€�Eurocurrency Revolving Borrowingâ€�).
Revolving Loan BorrowingĚýmeans each disbursement of Revolving Loans by the Revolving Lenders (or the P1 Administrative Agent on their behalf) on any single date to the Borrower in accordance with Section 2.8 and Section 2.10.
Revolving Loan BorrowingĚýmeans a group of Revolving Loans of the same Type made by the Revolving Credit Lenders on a single date and as to which a single Interest Period is in effect.
Revolving Loan BorrowingĚýhas the meaning assigned to such term in Section 1.09.
Revolving Loan BorrowingĚýmeans a borrowing consisting of