Examples of Aggregate Maximum Credit Amounts in a sentence
Each reduction of the Aggregate Maximum Credit Amounts shall be made ratably among the Lenders in accordance with each Lender’s Applicable Percentage.
Any termination or reduction of the Aggregate Maximum Credit Amounts shall be permanent and may not be reinstated.
If at any time the Aggregate Maximum Credit Amounts or the Borrowing Base is terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.
In no event shall the Proposed Borrowing Base exceed the Aggregate Maximum Credit Amounts.
Each Borrowing Request shall constitute a representation that the amount of the requested Borrowing shall not cause the total Revolving Credit Exposures to exceed the total Commitments (i.e., the lesser of the Aggregate Maximum Credit Amounts and the then effective Borrowing Base).