Credit Extension Limit Sample Clauses

Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed Five Hundred Thousand Dollars ($500,000) ("Overall Credit Limit"). The aggregate outstanding amount of all Credit Extensions outstanding at any time under Revolving Credit Facility may not exceed that amount specified as the "Credit Limit" in the Supplement for the Facility, and the aggregate outstanding amount of all Credit Extensions outstanding at any time under each Subfacility (or any subcategory thereof) may not exceed that amount specified as the "Credit Sublimit" in the Supplement for the Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement.
AutoNDA by SimpleDocs
Credit Extension Limit is hereby deleted in its entirety, and the following substituted therefor:
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed Fifteen Million Dollars ($15,000,000) (“Overall Credit Limit”). The aggregate outstanding amount of all Credit Extensions outstanding at any time under Revolving Credit Facility may not exceed that amount specified as the “Credit Limit” in the Supplement for the Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement.
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed the lesser of (a) Twenty Million Dollars ($20,000,000) or (b) the Borrowing Base if in effect from time to time (“Overall Credit Limit”)”.
Credit Extension Limit is hereby deleted in its entirety, and the following substituted therefor: “The aggregate outstanding amount of all Credit Extensions may at no time exceed the lesser of (a) Thirty Million Dollars ($30,000,000) or (b) the Borrowing Base in effect from time to time (“Overall Credit Limit”).”
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed One Million One Hundred Twenty-Seven Thousand Six Hundred Thirteen Dollars ($127.613) ("Overall Credit Limit"). The aggregate outstanding amount of all Credit Extensions outstanding at any time under any Facility may not exceed that amount specified as the "Credit Limit" in the Supplement for that Facility, and the aggregate outstanding amount of all Credit Extensions outstanding at any time under each Subfacility (or any subcategory thereof) may not exceed that amount specified as the "Credit Sublimit" in the Supplement for the relevant Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement.
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed the lesser of (a) Two Million Five Hundred Thousand Dollars ($2,500,000) or (b) the Borrowing Base in effect from to time (“Overall Credit Limit”). The aggregate outstanding amount of all Credit Extensions outstanding at any time under Revolving Credit Facility may not exceed that amount specified as the “Credit Limit” in the Supplement for the Facility, and the aggregate outstanding amount of all Credit Extensions outstanding at any time under each Subfacility (or any subcategory thereof) may not exceed that amount specified as the “Credit Sublimit” in the Supplement for the Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement. The Subfacility(s) of the Revolving Credit Facility are as follows:
AutoNDA by SimpleDocs
Credit Extension Limit is hereby deleted in its entirety, and the following substituted therefor: “The Subfacility(s) of the Revolving Credit Facility are as follows:
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed the lesser of (a) Ten Million Dollars ($10,000,000) or (b) the Borrowing Base in effect from time to time (“Overall Credit Limit”). The aggregate outstanding amount of all Credit Extensions outstanding at any time under Revolving Credit Facility may not exceed that amount specified as the “Credit Limit” in the Supplement for the Facility, and the aggregate outstanding amount of all Credit Extensions outstanding at any time under each Subfacility (or any subcategory thereof) may not exceed that amount specified as the “Credit Sublimit” in the Supplement for the Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement. The Subfacility(s) of the Revolving Credit Facility are as follows: Sight Commercial Letters of Credit and Standby Letters of Credit, which issued and outstanding Letters of Credit as of July 17, 2006 aggregate $ .
Credit Extension Limit. The aggregate outstanding amount of all Credit Extensions may at no time exceed the lesser of (a) Twenty-five Million Dollars ($25,000,000) or (b) the sum of Borrowing Base, plus any outstandings on the Standby Letters of Credit subfacility from the date hereof through February 28, 2006, or (c) the sum of Borrowing Base, less any outstandings on the Standby Letters of Credit subfacility from March 1, 2006 and thereafter (“Overall Credit Limit”). The aggregate outstanding amount of all Credit Extensions outstanding at any time under the Revolving Credit Facility may not excess that amount specified as the “Credit Limit” in the Supplement for the Facility, and the aggregate outstanding amount of all Credit Extensions outstanding at any time under each Subfacilitiy (or any subcategory thereof) may not exceed that amount specified as the “Credit Sublimit” in the Supplement for the Facility. An amount equal to 100% of each unfunded Credit Extension shall be used in calculating the outstanding amount of Credit Extensions under this Agreement. The Subfacility of the Revolving Credit Facility is Sandby Letters of Credit.”
Time is Money Join Law Insider Premium to draft better contracts faster.