Aggregate Revolving Loan Commitment definition

Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).
Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders, which shall initially be in the amount of $20,000,000, as such amount may be reduced from time to time pursuant to this Agreement.
Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Lenders, as reduced from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Ninety Million and 00/100 Dollars ($90,000,000.00).

Examples of Aggregate Revolving Loan Commitment in a sentence

  • The Borrower may, upon at least three Business Days’ notice to the Administrative Agent, terminate in whole or reduce ratably in part portions of the Commitments; provided, that if the Borrower terminates any portion of the Aggregate Interest Loan Commitment, it shall terminate a pro rata portion of the Aggregate Revolving Loan Commitment.

  • Date Aggregate Revolving Loan Commitment December 31, 2023 $99,375,000 March 31, 2024 $72,986,111 June 30, 2024 $72,361,111 September 30, 2024 $71,736,000 If, as of any such date set forth above, the Total Revolving Exposure exceeds the corresponding Aggregate Revolving Loan Commitment set forth above, the Borrowers shall immediately make payment to the Revolver Agent for distribution to the Revolving Lenders an amount equal to such excess.

  • The aggregate principal amount of all Revolving Loans made by the Lenders outstanding at any time shall not exceed the Aggregate Revolving Loan Commitment.

  • Notwithstanding anything to the contrary in the Loan Documents, the Aggregate Revolving Loan Commitment shall be automatically reduced, ratably among the Revolving Lenders, to the amount set forth as of each corresponding date set forth below, to the extent it has not been reduced to a lower amount prior to such date.


More Definitions of Aggregate Revolving Loan Commitment

Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Lenders, as reduced from time to time pursuant to the terms hereof.
Aggregate Revolving Loan Commitment shall have the meaning set forth in Section 2.1(a).
Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Lenders, as may be increased or reduced from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment as of the Closing Date is One Billion and 00/100 Dollars ($1,000,000,000.00).
Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders.
Aggregate Revolving Loan Commitment set forth in Section 1.1 of the Credit Agreement is hereby amended in its entirety as follows:
Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders, which shall be in the amount of $300,000,000 as of the First Amendment Effective Date, as such amount may be adjusted from time to time pursuant to this Agreement.”
Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders, which shall initially be in the amount of $250,000,000, as such amount may be adjusted from time to time pursuant to this Agreement.