Maximum Available Credit. Notwithstanding anything herein to the contrary, the maximum amount of the Loans to Borrower that may be outstanding at any one time shall not exceed the Commitment Amount, less (i) the aggregate maximum amount of all Venture Loans then outstanding (including all unfunded portions thereof), and (ii) the face amount of all outstanding Letters of Credit.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Pennsylvania Real Estate Investment Trust), Revolving Credit Loan Agreement (Pennsylvania Real Estate Investment Trust), Revolving Credit and Term Loan Agreement (Pennsylvania Real Estate Investment Trust)
Maximum Available Credit. Notwithstanding anything herein to the contrary, the maximum amount of the Loans to Borrower that may be outstanding at any one time shall not exceed the Commitment AmountMaximum Available Credit, less (i) the aggregate maximum amount of all Venture Loans then outstanding (including all unfunded portions thereof), and (ii) the face amount of all outstanding Letters of Credit.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (First Washington Realty Trust Inc)
