Class A Facility Amount definition
Class A Facility Amount. The Class A Advances Outstanding.
Class A Facility Amount. “Class A Interest Rate,” “Class A Lender,” “Class A Effective Advance Rate,” “Class A Maximum Advance Rate Test,” “Class A Maximum Available Amount,” “Class A Unused Fee,” “Class B Borrowing Base,” “Class B Effective Advance Rate,” “Class B Maximum Advance Rate Test,” “Class B Maximum Available Amount,” “Defaulted Receivable,” “Eligible Card Account”, “Facility Pool Default Ratio,” “Facility Pool Delinquency Ratio,” “Fraud Delinquent Receivable,” “Fraud Provision,” “Fundamental Amendment,” “Maximum Available Amount,” “Maximum Advance Rate Test,” “Permitted Sale”, “Required Lenders,” “Servicer Event of Default,” “Three-Month Rolling Average Facility Pool Default Ratio,” “Three-Month Rolling Average Facility Pool Delinquency Ratio,” “Two-Month Rolling Average Facility Pool Default Ratio,” “Two-Month Rolling Average Facility Pool Delinquency Ratio,” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, (h) extend the Reinvestment Period, (i) release any Limited Guarantor from its obligations under the Limited Guaranty and Indemnity Agreement, (j) terminate or remove Seller’s obligations to repurchase Receivables pursuant to the Receivable Purchase Agreement, (k) change the currency required for payments of Obligations under this Agreement, or (l) consent to or permit the assignment or transfer by the Borrower of any of its rights and obligations under this Agreement or its rights, title or interest in or to all or any material portion of the Collateral (except, in each case, as permitted under this Agreement); provided, however, that (i) no amendment, waiver, supplement or other modification of the provisions or definitions described above which solely relate to or affect the rights or obligations of the Borrower or the Class A Lenders and will have no effect on the rights or obligations of the Class B Lenders (whether directly or indirectly), in each, case, relating thereto shall be deemed to be a Fundamental Amendment and (ii) no amendment, waiver, supplement or other modification to the proviso in Section 2.01(a) shall be deemed a Fundamental Amendment.
Class A Facility Amount means $300,000,000, as increased in connection with a Facility Increase.
Examples of Class A Facility Amount in a sentence
If such Lender continues to be a Defaulting Lender for thirty (30) days, the Borrower shall have the right, but not the obligation, to prepay such Defaulting Lender or reduce the Class A Facility Amount or Class B Facility Amount, as applicable, with respect to such Defaulting Lender in each case without penalty.
More Definitions of Class A Facility Amount
Class A Facility Amount. Initially the Maximum Facility Amount applicable to the Class A Advances, as such amount may vary from time to time pursuant to Section 2.3 hereof; provided that on or after the Reinvestment Period End Date, the Class A Facility Amount shall mean the Class A Advances Outstanding.
Class A Facility Amount. The aggregate Class A Commitments then in effect; provided that such amount may not at any time exceed $1,500,000,000 without the written agreement of the parties hereto; provided further that, on or after the Termination Date, the Class A Facility Amount shall mean the Class A Advances Outstanding.
Class A Facility Amount set forth in Section 1.1 of the Agreement is hereby amended by replacing the dollar amount “$1,500,000,000” appearing in the second line thereof with the dollar amount “$464,899,615”.
Class A Facility Amount means (a) on or prior to the Termination Date, $250,000,000 and (b) following the Termination Date, the outstanding principal balance of all the Class A Advances.
Class A Facility Amount. An amount equal to the aggregate Commitments of all Class A Purchasers. Section 1.1 of the Agreement is hereby amended to add the following definition:
Class A Facility Amount means $75,000,000225,000,000, as increased in connection with a Facility Increase.