Borrower Facility Amount definition
Borrower Facility Amount means the total amount the Borrower is requesting. Your Pledge can be for either this whole amount or part of this amount.
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Related to Borrower Facility Amount
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.
Available Facility Amount shall have the meaning specified in paragraph 2B(1).
Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.
Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.
Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.