Aggregate Facility Amount Sample Clauses

Aggregate Facility Amount. Subject to and upon the terms and conditions herein set forth, Letters of Credit may be issued for the account of the Account Party in an aggregate stated amount (including any increases to the stated amount) not to exceed at any time outstanding $5,000,000 (the “Aggregate Facility Amount”).
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Aggregate Facility Amount. The Bank makes available to the Borrower the Credit Facility in the amount of EUR 20.000.000,— (in words: Euro twenty million) (“Aggregate Facility Amount”). The Credit Facility may be utilized through the following partial credit facilities: 1) Cash Credit Facility € 15.000.000,— (in words: Euro fifteen million) (“Cash Credit Facility”) 2) Guarantee Facility € 5.000.000,— (in words: Euro five million) (“Guarantee Facility”)
Sample 1
Aggregate Facility Amount. The Bank makes available to the Borrowers a revolving cash credit facility (the “Facility”) in the amount of EUR 20.000.000,-- (in words: Euro twenty million) („Aggregate Facility Amount“).
Sample 1
Aggregate Facility Amount. The Bank makes available to the Borrower a credit facility in the amount of up to Euro 30,000,000.00 (in words: Euro thirty million) ("Aggregate Facility Amount"). The Aggregate Facility Amount is divided into the following facilities: (a) Facility 1: revolving cash credit facility in the amount of up to Euro 14,000,000.00 (b) (in words: Euro fourteen million) ("Facility 1"). (c) Facility 2: revolving guarantee facility in the amount of up to Euro 16,000,000.00 (d) (in words: Euro sixteen million) ("Facility 2"). Facility 1 and Facility 2 together named as “Facilities”.
Sample 1
Aggregate Facility Amount. The Bank makes available to the Borrower a credit facility in the amount of up to Euro 50,000,000.00 (in words: Euro fifty million) („Aggregate Facility Amount“). The Aggregate Facility Amount is divided into the following facilities: (a) Facility 1: revolving cash credit facility in the amount of up to Euro 38,000,000.00 (b) (in words: Euro Thirty - eight Million) (“Facility 1”). (c) Facility 2: revolving guarantee facility in the amount of up to Euro 5,000,000.00 (d) (in words: Euro Five Million) (“Facility 2”). (e) Facility 3: revolving margin line in the amount of up to Euro 7,000,000.00 (in words: Euro Seven Million) (“Facility 3”).
Sample 1
Aggregate Facility Amount. Subject to the terms of this Agreement, the Bank agrees to make available to the Borrower a revolving loan facility in an aggregate amount equal to the Facility Amount.
Sample 1

Related to Aggregate Facility Amount

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Revolving Committed Amount If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower shall immediately prepay the Revolving Loans and Swingline Loans and (after all Revolving Loans and Swingline Loans have been repaid) Cash Collateralize the LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below).

  • Total Commitment The sum of the Commitments of the Banks, as in effect from time to time.

  • Line of Credit Amount (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the “Facility No. 1 Commitment”) is Five Million and 00/100 Dollars ($5,000,000.00). (b) This is a revolving line of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the principal balance outstanding to exceed the Facility No. 1

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • Original Class A Percentage The Original Class A Percentage is 96.09547893%

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Funding Amount “Funding Amount” means an amount not to exceed Three Hundred Thousand Dollars ($300,000.00) of tax increment finance revenues to be used for paying the costs associated with the construction, equipping, inspection, and delivery of the Local Public Improvements.

  • Reallocation of Applicable Percentages to Reduce Fronting Exposure During any period in which there is a Defaulting Lender, for purposes of computing the amount of the obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit or Swing Line Loans pursuant to Sections 2.03 and 2.04, the “Applicable Percentage” of each non-Defaulting Lender shall be computed without giving effect to the Commitment of that Defaulting Lender; provided, that, (i) each such reallocation shall be given effect only if, at the date the applicable Lender becomes a Defaulting Lender, no Default or Event of Default exists; and (ii) the aggregate obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit and Swing Line Loans shall not exceed the positive difference, if any, of (1) the Commitment of that non-Defaulting Lender minus (2) the aggregate Outstanding Amount of the Committed Loans of that Lender.

  • Aggregate Net Assets For each Retirement Distribution Portfolio, Aggregate Net Assets include the net assets of all the JHF II Retirement Distribution Portfolios.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!