Revolving Line of Credit Loan definition

Revolving Line of Credit Loan means that line of credit from the Lender to the Borrower in the amount not to exceed $2,350,000.00 and pursuant to the terms and conditions provided for in this Agreement and the Second Supplement to the Agreement.

Revolving Line of Credit Loan shall have the meaning specified in Section 2 of this Fifth Supplement.

Revolving Line of Credit Loan means that line of credit loan from the Banks to the Borrower in the amount of Five Million and No/100 Dollars ($5,000,000.00) pursuant Section 2.04.

Examples of Revolving Line of Credit Loan in a sentence

• PSNC will file monthly reports on its participation in the Intercompany Revolving Line of Credit (Loan) Agreement.

• NOTE 4 - NOTES PAYABLE In March 2007, the Company converted its existing line of credit to a $6,000,000 Term Loan, convertible by the Company to a Revolving Line of Credit Loan when the principal balance is paid down to less than $3,000,000.

• On or about November 1, 2018, the assets were acquired from the Master Fund for $400,000 and the Master Fund entered into a new $1 million Revolving Line of Credit Loan at 8% interest in a newly- formed company, Amian Care Services, LLC.

• In connection with the Loan, Borrower executed and delivered to Lender a Revolving Line of Credit Loan Agreement (“ Loan Agreement”); the Note, Loan Agreement, and all other documents executed in connection with the indebtedness evidenced by the Note being collectively referred to herein as the “Loan Documents”).

• The terms and conditions of the Loan are more particularly set forth in that certain Amended and Restated Revolving Line of Credit Loan Agreement (Borrowing Base Loan) dated as of September 16, 2004, by and between Borrower and Lender (as the same has been and may be further amended from time to time, “Loan Agreement”).

More Definitions of Revolving Line of Credit Loan

Revolving Line of Credit Loan means a Loan under the Revolving Line of Credit.

Revolving Line of Credit Loan means the revolving line of credit ----------------------------- provided for in Article 2 hereof (including the Subline provided thereunder), and the Advances made pursuant thereto.

Revolving Line of Credit Loan shall have the meaning specified in Section 2 of this Third Supplement.

Revolving Line of Credit Loan shall have the meaning specified in Section 2 of this Second Supplement.

Revolving Line of Credit Loan. As defined in Section 6 of this Agreement.

Revolving Line of Credit Loan is hereby amended and restated to read as follows:

Revolving Line of Credit Loan means the Loan provided for in Section 2.3. “Revolving Line of Credit Maturity Date” means May 1, 2018. “Subordination Agreement” means that certain Subordination Agreement dated of the date hereof among Bank, Company, Wynnefield Partners Small Cap Value, LP, Wynnefield Partners Small Cap Value, LP I and Wynnefield Small Cap Value Offshore Fund, Ltd. “Subordinated Liabilities” means liabilities subordinated to Borrower's obligations to Bank in a manner acceptable to Bank in its sole discretion. “Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of Borrower. “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. “Sw...