Common use of Borrowing Limit Clause in Contracts

Borrowing Limit. Immediately after giving effect to each Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit.

Appears in 21 contracts

Samples: Omnibus Amendment (WestRock Co), Eighth Amended and Restated Credit and Security Agreement (WestRock Co), Credit and Security Agreement (WestRock Co)

AutoNDA by SimpleDocs

Borrowing Limit. Immediately after giving effect to each Advance Advance, each Reinvestment and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit.

Appears in 5 contracts

Samples: Credit and Security Agreement (Allied Waste Industries Inc), Credit and Security Agreement (Allied Waste Industries Inc), Credit and Security Agreement (Allied Waste Industries Inc)

Borrowing Limit. Immediately after giving effect to each Advance Advance, each L/C Credit Extension and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit.

Appears in 3 contracts

Samples: Credit and Security Agreement (Smithfield Foods Inc), Credit and Security Agreement (Smithfield Foods Inc), Credit and Security Agreement (Smithfield Foods Inc)

Borrowing Limit. Immediately after giving effect to each Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing LimitLimit as of such date.

Appears in 1 contract

Samples: Credit and Security Agreement (PMC Commercial Trust /Tx)

Borrowing Limit. Immediately after giving effect to each Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit and each Group's Percentage of the Aggregate Principal is less than or equal to such Group's Conduit Allocation Limit.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

AutoNDA by SimpleDocs

Borrowing Limit. Immediately after giving effect to each Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit and each Group’s Percentage of the Aggregate Principal is less than or equal to such Group’s Conduit Allocation Limit.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

Borrowing Limit. Immediately after giving effect to each --------------- Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Borrowing Limit.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

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