Lending Limits. Borrower acknowledges, agrees and confirms that Lender's obligation to fund Advances under the Loan is limited to a maximum aggregate principal amount at any time of $50,000,000 (the "INITIAL FUNDING COMMITMENT)". Lender and Borrower acknowledge that Lender has entered or will enter into written participation agreements which provide for Participant's fundings in respect of up to $25,000,000 of the Initial Funding Commitment. With respect to Advances under the Loan that would cause the aggregate outstanding principal balance of the Loan to exceed $50,000,000, Lender's obligation to make any such Advances is subject to and conditioned upon a Participant's providing funding to Lender in support of such Advances; and therefore, Advances in excess of $50,000,000 at any time shall be subject to and conditioned upon a Participant providing incremental funds over $50,000,000 to Lender pursuant to a written participation agreement acceptable to Lender in its sole and absolute discretion. Advances in excess of the Initial Funding Commitment are hereinafter referred to as the "ADDITIONAL FUNDING COMMITMENT". The maximum amount of the Additional Funding Commitment shall, subject to Section 2.1(a) hereof, be $25,000,000. Lender agrees to use reasonable efforts to procure one or more Participants to provide funding for the Additional Funding Commitment, and to use reasonable efforts to enter into and maintain in good standing additional written participation agreements satisfactory to Lender in its sole and absolute discretion to the extent necessary to provide for Advances up to the maximum amount of the Additional Funding Commitment, but in no event shall the total outstanding principal balance of the Loan exceed the amount determined in accordance with Section 2.1(a) hereof. If for any reason Lender does not procure Participants for the Additional Funding Commitment, or does procure such Participants but does not enter into a written participation agreement or agreements, acceptable to Lender in its sole and absolute discretion, with any such Participant for the Additional Funding Commitment, or if such a participation agreement is terminated, or if such a Participant fails to fund to Lender its participation share of the Loan as provided under its respective participation agreement, then, notwithstanding any provision in this Agreement, in the 1999 Commitment or in any Loan Document to the contrary, Lender shall have no obligation to make advances of principal unde...
Lending Limits. At the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, (i) the Aggregate Revolving Exposure shall not exceed the Aggregate Revolving Commitments, (ii) the Foreign Currency Exposure shall not exceed the Foreign Currency Commitments and (iii) the Dollar Amount of the LC Exposure shall not exceed $75,000,000; and
Lending Limits. Borrower acknowledges, agrees and confirms that the obligations of all Lenders, including TFC, to make Loans under this Agreement to Borrower is limited to the lesser of: (i) the Borrowing Base or (ii) $30,000,000 (the "Maximum Available Revolving Amount"). Borrower further acknowledges, agrees and confirms that the obligation of each Lender, including TFC, to make loans hereunder to Borrower is limited to: (i) with respect to each Revolving Loan Advance hereunder, each Lender's Pro Rata Percentage of any such Advance hereunder and (ii) with respect to all Revolving Loan Advances made hereunder, such Lender's obligation hereunder shall be limited to its Commitment as set forth on Schedule A-2 hereto. Notwithstanding anything herein to the contrary, the maximum outstanding principal balance of the Loans, including the outstanding principal balances of the Acquisition/Construction Loan Component and the Revolving Loan Component, shall not exceed the Maximum Loan Amount at any time.
Lending Limits. The funding of such Borrowing or the issuance, amendment, renewal or extension of any Letter of Credit and all other Borrowings to be made and/or Letter(s) of Credit to be issued, amended, renewed or extended (as applicable) on the same day under this Agreement, shall not cause the Aggregate Revolving Credit Exposure to be greater than the Aggregate Revolving Commitment nor the Foreign Currency Exposure to exceed the Foreign Currency Sublimit.
Lending Limits. Subject to Section 2.7 hereof, Borrower acknowledges, agrees and confirms that the obligations of Lender to make Loans under this Agreement to Borrower is limited to the lesser of: (i) the Borrowing Base or (ii) the maximum aggregate Commitment of $100,000,000.00.
Lending Limits. Notwithstanding anything contained in this Agreement to the contrary, under no circumstances shall Lender be required to advance any proceeds under the Loan, if such Advance would cause Lender to exceed its lending limits under any applicable banking regulation or violate any other law or regulation. Article 5.
Lending Limits. Debtor acknowledges, agrees and confirms that the obligations of Lender after giving effect to all participations is limited to a maximum aggregate principal amount of $19,000,000. Debtor further acknowledges, agrees and confirms that the obligation of Lender to make the full amount of the Receivable Loan shall be subject to Lender participating $7,500,000 of the Receivable Loan.
Lending Limits. Borrower acknowledges, agrees and confirms that the obligations of all Lenders, including TFC, to make Loans under this Agreement to Borrower is limited to the lesser of: (i) the Borrowing Base or (ii) the maximum aggregate Commitment of $100,000,000.00. Borrower further acknowledges, agrees and confirms that the obligation of each Lender, including TFC, to make loans hereunder to Borrower is limited to: (i) with respect to each Advance hereunder, each Lender’s Pro Rata Percentage of any such Advance hereunder and (ii) with respect to all Advances made hereunder, such Lender’s obligation hereunder shall be limited to its Commitment as set forth on Exhibit A hereto, which may from time to time be increased by Agent and Lender upon written notice to Borrower.
Lending Limits. Borrower acknowledges, agrees and confirms that the obligation of all Lenders, including Textron Financial Corporation, to make Loans under this Agreement to the Borrower is limited to a maximum aggregate principal amount of $75,000,000. Borrower further acknowledges, agrees and confirms that the obligation of each Lender, including Textron
Lending Limits. The Borrower shall cause each of its Bank Subsidiaries to comply with all Applicable Laws pertaining to the making of loans, including, without limitation, lending limit laws. In addition, for purposes of this Agreement, it is agreed that in determining whether its Bank Subsidiary is in compliance with lending limits, the rules set forth in 12 C.F.R. §32.5 (combining loans to separate borrowers) shall apply unless its Bank Subsidiary is subject to more stringent rules under the laws or regulations otherwise applicable to them.
