Aggregate Facility Limit definition

Aggregate Facility Limit means (i) on or before October 31, 2017, Three Hundred Twenty Five Million Dollars ($325,000,000.00), (ii) on or after November 1, 2017, except during a Temporary Uplift Period, Two Hundred Fifty Million Dollars ($250,000,000.00), and (iii) during any Temporary Uplift Period, Three Hundred Twenty Five Million Dollars ($325,000,000.00).

Aggregate Facility Limit means the sum of the Facility Limits for each Class, which shall not exceed $306,000,000.153,000,000.

Aggregate Facility Limit means $2,700,000,000.00.

Examples of Aggregate Facility Limit in a sentence

• The Transferor shall at all times maintain a net worth in accordance with GAAP which is not less than an amount equal to the sum of (i) the Outstanding Balance of all Defaulted Receivables at such time, (ii) the Outstanding Balance of all Delinquent Receivables at such time and (iii) the sum of the Outstanding Balance of the three largest Receivables of the non-investment grade Obligors; provided, however, that in any case, the net worth shall never be less than 7.5% of the Aggregate Facility Limit.

• The Administrative Agent may resign at any time by giving written notice thereof to each Class Investor and the Transferor and may be removed at any time with cause by agreement of Bank Investors which hold Commitments aggregating in excess of 50% of the Aggregate Facility Limit as of such date.

• Upon any such resignation or removal, (i) if no Termination Event shall have occurred, the Transferor, with the consent of the Majority Investors, shall appoint a successor Administrative Agent and (ii) if a Termination Event shall have occurred, the Class Investors which hold Commitments aggregating in excess of 50% of the Aggregate Facility Limit as of such date shall appoint a successor Administrative Agent.

• Lenders may, however, in their absolute discretion make such Revolving Loan Advances, but shall not be deemed by doing so to have increased the Maximum Available Amount or the Total Aggregate Facility Limit and shall not be obligated to make any such Revolving Loan Advances thereafter.

• Should the Company (as defined below) wish to reduce the Aggregate Facility Limit or any Tranche sub limit, it may do so upon written notification to the Bank.

• No Revolving Loan Advance will be made which would result in either: (i) the Aggregate Revolving Loan exceeding the Maximum Available Amount; or (ii) the Lenders’ Exposure exceeding the Total Aggregate Facility Limit.

• No Floorplan Loan Advance will be made which would result in either: (i) the sum of the Aggregate Floorplan Loan, the Interim Floorplan Loan, and all unfunded Approvals, exceeding the Aggregate Floorplan Loan Facility; or (ii) the Lenders' Exposure exceeding the Total Aggregate Facility Limit.

• The effective date of an Aggregate Facility Limit Increase shall be agreed upon by the Borrower, the Administrative Agent and the LC Bank in the Aggregate Facility Limit Increase Request.

• It shall be a condition to the effectiveness of the Aggregate Facility Limit Increase that all expenses referred to in Section 3.11 of the Financing Agreement shall have been paid to the extent invoiced.

• Subject to the terms of this Agreement, CDF agrees to provide to Dealer an Accounts Receivable Facility of Thirty Million Dollars ($30,000,000.00); provided, however, that at no time will the principal amount outstanding under the Accounts Receivable Facility and Dealer's inventory floorplan credit facility with CDF exceed, in the aggregate, the Aggregate Facility Limit.

More Definitions of Aggregate Facility Limit

Aggregate Facility Limit means $500,000,000.

Aggregate Facility Limit means, at any time, the sum of the Facility Limits of all Facility Lenders at such time.

Aggregate Facility Limit. (i) on or before October 31, 2016, Three Hundred Million Dollars ($300,000,000.00) and (ii) after October 31, 2016, Two Hundred Fifty Million Dollars ($250,000,000.00).

Aggregate Facility Limit means an amount in Sterling equal to the aggregate of the Facility Limit and the Guarantee Facility Limit from time to time (the Guarantee Facility Limit being converted from Euro to Sterling on the basis of €1 being equal to £0.70) unless the United Kingdom adopts the Euro as its lawful currency in which case such amount shall be an amount in Euro equal to the aggregate of the Facility Limit and the Guarantee Facility Limit from time to time;

Aggregate Facility Limit. (i) except during a Temporary Uplift Period, Two Hundred Seventy-Five Million Dollars ($275,000,000.00) and (ii) during any Temporary Uplift Period, Three Hundred Fifty Million Dollars ($350,000,000.00); provided, however, that at no time will the Aggregate Outstandings exceed the Aggregate Facility Limit.

Aggregate Facility Limit. As of any date, the sum of the Class Facility Limits as of such date, which amount shall not exceed $255,000,000. Aggregate Net Investment: As of any date, the sum of the Class Net Investments as of such date.