Examples of Aggregate Maximum Credit Amounts in a sentence
In no event shall the Proposed Borrowing Base exceed the Aggregate Maximum Credit Amounts.
If at any time the Aggregate Maximum Credit Amounts is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.
If at any time the Aggregate Maximum Credit Amounts or the Borrowing Base is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.
Each Lender party to the Credit Agreement immediately prior to the Third Amendment Effective Date (used herein as defined below) has, in consultation with the Borrower, agreed to reallocate its respective Maximum Credit Amount and Commitment and to, among other things, allow CIT Finance LLC to become a party to the Credit Agreement as a Lender, (the “New Lender”) by acquiring an interest in the Aggregate Maximum Credit Amounts and Commitments.
The Lenders shall participate in such Letters of Credit according to their respective Percentage Share of the Aggregate Maximum Credit Amounts.