the Maximum Facility Amount. As of the First Amendment Effective Date, the Aggregate Commitment is $750,000,000.
the Maximum Facility Amount. Subject to the terms and conditions set forth herein, the Lenders agree to make available to the Borrower an uncommitted revolving credit facility providing for loans (“Loans”) in an aggregate principal amount not exceeding the lesser of (A) the Maximum Facility Amount as of the funding date of such Loan and (B) the Borrowing Base as of the funding date of such Loan (calculated after giving effect to the deposit or investment of the proceeds on such funding date), which Loans shall be used by the Borrower to acquire Assets. Within the foregoing limits and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, repay and re-borrow Loans until the Conversion Date. Notwithstanding anything in this Agreement to the contrary, the parties hereto acknowledge that this is an uncommitted facility and there is no express or implied commitment on the part of the Administrative Agent or Lender to provide any Loan except that, in the case of Assets approved by means of Approval Requests, the Lenders shall have committed to fund the related Loans (up to the amount(s) specified in the related Approval Requests) provided that the related conditions precedent set forth in Section 7 are satisfied.
the Maximum Facility Amount. As of the Third Amendment Effective Date, the Aggregate Commitment is $850,000,000.
the Maximum Facility Amount. Subject to the terms and conditions set forth herein, the Lenders agree to make available to the Borrower a revolving credit facility providing for loans (“Loans”) in an aggregate principal amount not exceeding the lesser of (A) the Maximum Facility Amount as of the funding date of such Loan and (B) the Borrowing Base as of the funding date of such Loan (calculated after giving effect to the deposit or investment of the proceeds on such funding date), which Loans shall be used by the Borrower to acquire Assets. Within the foregoing limits and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, repay and reborrow Loans until the Conversion Date.
the Maximum Facility Amount. As of the Twentieth Amendment Effective Date, the Aggregate Commitment is $4,000,000,000.
the Maximum Facility Amount. Subject to the terms and conditions set forth herein, the Lenders agree to make available to the Borrower Parties an uncommitted credit facility providing for loans (“Loans”) in an aggregate principal amount not exceeding the lesser of (A) the Maximum Facility Amount as of the funding date of such Loan and (B) the Borrowing Base as of the funding date of such Loan (calculated after giving effect to the deposit or investment of the proceeds on such funding date), which Loans shall be used by the Borrower Parties to acquire Portfolio Assets. Within the foregoing limits and subject to the terms, conditions and limitations set forth herein, the Borrower Parties may borrow, repay and reborrow Loans until the Conversion Date. Notwithstanding anything in this Agreement to the contrary, the parties hereto acknowledge that this is an uncommitted facility, and there is no express or implied commitment on the part of any Lender to provide any Loan, except that, in the case of Assets approved by means of an Approval Request in the Administrative Agent’s sole discretion (where such approval has not expired or been rescinded pursuant to Section 2(b), and if the conditions precedent to the related funding specified in Section 7 have been satisfied), the Lenders shall not refuse to fund the related Loans required to settle purchase commitments by the Borrower Parties made pursuant to Section 2(b)(iii). However, any Lender may issue an agreement to fund, in writing, following its receipt of a Borrowing Request, at which point, such Lender shall be committed to fund under such Borrowing Request only.
