Aggregate Facility Amount definition

Aggregate Facility Amount means, at any time, the aggregate amount of the Commitments then in effect. The initial Aggregate Facility Amount is $750,000,000.
Aggregate Facility Amount means $1,000,000,000.
Aggregate Facility Amount means $500,000,000.

Examples of Aggregate Facility Amount in a sentence

  • KCMH shall have the right, upon at least three Business Days’ notice to the Administrative Agent, to terminate in whole or reduce ratably in part the unused portions of the Commitments; provided, that (i) each partial reduction shall be in a minimum aggregate amount of $5,000,000 and (ii) after giving effect to such termination or reduction, (A) the Total Credit Exposure does not exceed the Aggregate Facility Amount and (B) the L/C Exposure does not exceed the Letter of Credit Facility Amount.

  • The Credit Facility may be used by each Borrower independently, provided that the aggregate principal amount outstanding may not exceed the Aggregate Facility Amount.

  • Immediately after giving effect to each Advance and each settlement on any Settlement Date hereunder, the Aggregate Principal is less than or equal to the Aggregate Facility Amount.

  • Notwithstanding anything in this Annex A to the contrary, the aggregate amount of outstanding Financing Transaction Borrowings made to finance Financing Transactions in which the underlying issue or facility rating is CCC or lower by S&P, or Caa2 or lower by Moody’s, shall not exceed 50% of the Aggregate Facility Amount at any time.

  • Notwithstanding anything in this Annex B to the contrary, the aggregate amount of outstanding Financing Transaction Borrowings made to finance Financing Transactions in which the underlying issue or facility rating is * or lower by S&P, or * or lower by Xxxxx’x, shall not exceed *% of the Aggregate Facility Amount at any time.


More Definitions of Aggregate Facility Amount

Aggregate Facility Amount means at any time the total amount of all Facility Amounts.
Aggregate Facility Amount means, at any date of determination, the sum of (i) the Revolving Credit Facility at such time plus (ii) the Term Loan Facility at such time plus (iii) all Incremental Term Loan Facilities at such time.
Aggregate Facility Amount means, at any relevant time, the aggregate of the Loan and the Revolving Facility;
Aggregate Facility Amount means $125,000,000, as such amount may be reduced pursuant to Section 2.8 or increased pursuant to Section 2.16.
Aggregate Facility Amount shall have the meaning set forth in Section 2.1. “Agreement” shall mean this Agreement, as the same may from time to time hereafter be amended, restated, supplemented or otherwise modified.
Aggregate Facility Amount shall have the meaning set forth in Section 2.1.
Aggregate Facility Amount the sum of (a) the aggregate unpaid principal amount of the Term Loans then outstanding and (b) the Total Revolving Credit Commitments then in effect or, if the Revolving Credit Commitments have been terminated, the Total Revolving Extensions of Credit then outstanding.