Common use of Maximum Principal Amount of Revolving Credit Loans and Letters of Credit Outstanding Clause in Contracts

Maximum Principal Amount of Revolving Credit Loans and Letters of Credit Outstanding. The sum of (i) the aggregate Dollar Equivalent principal amount of all Revolving Credit Loans outstanding, plus, (ii) the sum of the aggregate principal amount of all Swing Line Loans outstanding, plus (iii) the aggregate Dollar Equivalent amount of Letters of Credit Outstanding shall not exceed the amount of the Revolving Credit Facility Commitment as the same may be increased from time to time pursuant to Section 2.

Appears in 6 contracts

Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)

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Maximum Principal Amount of Revolving Credit Loans and Letters of Credit Outstanding. The sum of (i) the aggregate Dollar Equivalent principal amount of all Revolving Credit Loans outstanding, plus, (ii) the sum of the aggregate principal amount of all Swing Line Loans outstanding, plus (iii) outstanding and the aggregate Dollar Equivalent amount of Letters of Credit Outstanding shall not exceed the amount of the Revolving Credit Facility Commitment as the same may be increased from time to time pursuant subject to Section 2.

Appears in 1 contract

Samples: Loan Agreement (Matthews International Corp)

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