Aggregate Maximum Credit Amount definition

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06. The Aggregate Maximum Credit Amount of the Lenders is $400,000,000.

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be increased, reduced or terminated from time to time in accordance with the terms hereof.

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be increased, reduced or terminated pursuant to Section 2.06. As of the Effective Date, the Aggregate Maximum Credit Amount is $1,500,000,000.

Examples of Aggregate Maximum Credit Amount in a sentence

• Any termination or reduction of the Aggregate Maximum Credit Amount shall be permanent and may not be reinstated.

• Each notice delivered by the Borrower pursuant to this Section 2.05(b)(ii) shall be irrevocable; provided that a notice of termination of the Aggregate Maximum Credit Amount delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities or other agreements, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.

• In no event shall the Proposed Borrowing Base exceed the Aggregate Maximum Credit Amount.

• The Administrative Agent and the Borrower hereby consent to such reallocation and the New Lenders’ acquisition of an interest in the Aggregate Maximum Credit Amount and the other Lenders’ assignments of their Maximum Credit Amounts.

• Each reduction of the Aggregate Maximum Credit Amount shall be made ratably among the Lenders in accordance with each Lender’s Applicable Percentage.

More Definitions of Aggregate Maximum Credit Amount

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be increased, reduced or terminated from time to time in accordance with the terms hereof. The initial Aggregate Maximum Credit Amount of the Banks on the Effective Date is $500,000,000.

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06, or otherwise modified in accordance with this Agreement.

Aggregate Maximum Credit Amount means $198,061,427.93.

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts of the respective Lenders, as the same may be reduced or terminated pursuant to Section 2.06. The Aggregate Maximum Credit Amount as of the Sixth Amendment Effective Date is $500,000,000.

Aggregate Maximum Credit Amount means at any time the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.05.

Aggregate Maximum Credit Amount contained in Section 1(a) of the Existing Agreement is hereby amended in its entirety to read as follows:

Aggregate Maximum Credit Amount at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06. As of the Third Amendment Effective Date (as defined in the Third Amendment), the Aggregate Maximum Credit Amount is $2,000,000,000.