Maximum Facility. At no time shall the sum of the outstanding principal balance of the Revolving Loans and the outstanding principal balance of the Competitive Bid Loans exceed the Aggregate Commitment.
Maximum Facility. The maximum facility shall be the maximum amount of accounts purchased by Purchaser and unpaid by the account debtor(s) at any given time. The Maximum Facility shall not exceed one million dollars ($1,000,000.00).
Maximum Facility. Section 37 of Exhibit I to the Loan Agreement is deleted in its entirety and the following substituted therefor:
Maximum Facility. Section 2.01 of the Loan Agreement is hereby amended and restated in its entirety as follow: Maximum Facility. The total principal amount which has been advanced by Lender to Borrower under this Agreement is Twelve Million Nine Hundred and Ninety-Five Dollars ($12,995,000) (the "Loan Facility"); The Loan Facility shall be evidenced by a $12,995,000 non-evolving loan which has been fully-funded prior to the date of this Fifth Amendment (the "Term Loan") and evidenced by that certain Promissory Note of even date herewith in the original principal amount of $12,995,000 (the "Term Note", a "Fifth Amended Note").
Maximum Facility. The definition of “Maximum Facility” set forth in Section 1.1 of the Intercreditor Agreement is deleted in its entirety and the following substituted therefor:
Maximum Facility. Section 2.01 of the Loan Agreement is hereby amended and restated in its entirety as follow:
Maximum Facility. The total principal amount to be advanced by Lender to Borrower under this Agreement shall be Fifteen Million Dollars ($15,000,000) (the "Loan Facility"). The Loan Facility shall be divided into two loans, and evidenced by two Promissory Notes, as follows:
a. Term Loan. A $10,000,000 nonrevolving loan which has been fully funded prior to the date of this Third Amendment (the "Term Loan") and evidenced by that certain Promissory Note of even date herewith in the original principal amount of $10,000,000 (the "Term Note").
b. Capital Loan. A $5,000,000 revolving line of credit (the "Capital Loan") evidenced by that certain Promissory Note of even date herewith in the original principal amount of $5,000,000 (the "Capital Note"). Lender, in its sole discretion, may terminate Borrower's ability to draw on the Capital Loan upon the occurrence of any Event of Default. All Advances under the Capital Loan must be contributed to the capital of Xxxxxxxxxx or used to pay debt-service to Lender only (but shall not be used to pay debt-service to any other creditor). Lender agrees, on the terms and subject to the conditions of this Agreement, to make Advances. At anytime the Borrower borrows the maximum principal amount of the Loan Commitment and pays to Lender on one or more occasions any part of the principal amount, including interest thereon, prior to the Maturity Date, then Borrower, subject to the terms and conditions of this Agreement may reborrow an amount equal to the difference between (i) the Loan Commitment and (ii) Borrower's outstanding principal balance under the Capital Note after such payment or payments. In no event, however, shall Borrower's outstanding principal balance after any Advance exceed the Loan Commitment. Borrower shall notify Lender in writing by 11:00 a.m. (Central Standard Time) three (3) business days prior to the date Borrower desires to obtain an Advance, specifying the aggregate principal amount to be advanced. Lender shall disburse such Advance to an account established in Borrower's name or otherwise disburse any such Advance to or for the benefit or account of Borrower. All Advances shall be charged to the loan account in Borrower's name on Lender's books.
Maximum Facility. Borrowers hereby acknowledge and agree that, notwithstanding anything to the contrary set forth in the Credit Agreement, at no time from and following the date hereof shall Agent or the Lenders have any obligations to make Revolving Loans and/or issue Letters of Credit in each case, after giving effect thereto, the Revolving Outstandings would exceed $2,218,000.
Maximum Facility. The maximum availability under the Facility shall be $25,000,000.00 (the "Maximum Commitment Amount").
Maximum Facility. Section 2.01 of the Loan Agreement is hereby amended and restated in its entirety as follow: Maximum Facility. The total principal amount to be advanced by Lender to Borrower under this Agreement shall be Thirteen Million Dollars ($13,000,000) (the "Loan Facility"). The Loan Facility shall be evidenced by a $13,000,000 non-revolving loan which has been fully funded prior to the date of this Fourth Amendment (the "Term Loan") and evidenced by that certain Promissory Note of even date herewith in the original principal amount of $13,000,000 (the "Term Note").
