Aggregate Credit Limit definition

Aggregate Credit Limit means $50,000,000.00, as such dollar amount may be increased or decreased by the mutual written agreement of the Agent, the Company and one hundred percent (100%) of the Lenders.
Aggregate Credit Limit. Three Hundred Million Dollars ($300,000,000) through December 31, 2004; thereafter, Two Hundred Million Dollars ($200,000,000). During the Effective Period of the Credit Agreement, $1,000,000 of the Aggregate Credit Limit shall be for the exclusive use of Bravo Credit Corporation $1,000,000 of the Aggregate Credit Limit shall be for the exclusive use of ECC Capital Corporation, but will remain the obligations of Encore Credit Corp., Bravo Credit Corporation and ECC Capital Corporation. Borrower shall be obligated to verify that the exclusive limit for ECC Capital Corporation is adhered to prior to requesting an advance.”
Aggregate Credit Limit means at any date the sum of the Maximum Commitments of the Lenders as the same may be increased or decreased from time to time as permitted hereunder, with the "Aggregate Credit Limit" on the Effective Date being $1,250,000,000; provided, however, that in no event shall the Aggregate Credit Limit be increased to an amount in excess of the then current Maximum Aggregate Credit Limit.

Examples of Aggregate Credit Limit in a sentence

  • A fee will be charged to the Client Account if Client’s Aggregate Credit Limit or any Cardholder’s Individual Account Limit is over its credit limit when billed.

  • If the Aggregate Credit Limit or Individual Account Limit is exceeded at any time, then the excess may be deemed immediately due and payable at Bank’s option.

  • Bank may decrease the Aggregate Credit Limit or an Individual Account Limit at any time and shall give prompt notice thereof to Client.

  • Client agrees not to allow the Aggregate Credit Limit or the Individual Account Limit to be exceeded at any time.

  • If the total of the Individual Credit Limits for all the Cards should exceed the Aggregate Credit Limit, the Aggregate Credit Limit will prevail.


More Definitions of Aggregate Credit Limit

Aggregate Credit Limit. One Hundred Twenty Five Million Dollars ($125,000,000).
Aggregate Credit Limit means $35,000,000.00, as such amount may be increased or decreased by the mutual written agreement of the Agent, the Company and one hundred percent (100%) of the Lenders.
Aggregate Credit Limit. Shall have the meaning set forth in Section 7.6.
Aggregate Credit Limit means the sum of Credit Limits of all Creditors amounting to 800,000,000 Russian rubles as at the Signing Date.
Aggregate Credit Limit means the maximum amount of Debt that can remain outstanding and unpaid on all of the Company’s VPA Accounts under this Agreement.
Aggregate Credit Limit means the maximum aggregate outstanding principal amount of all credits that may be guaranteed or insured by Ex-Im Bank and approved by the Lender under the Delegated Authority Program, and shall be set forth in the Delegated Authority Approval.
Aggregate Credit Limit means $50,000,000.00, as such dollar amount may be increased or decreased by the mutual written agreement of the