Committed Line definition

Committed Line shall have the meaning given to such term in the preamble hereto.

Committed Line means One Million Dollars ($1,000,000).

Committed Line means Ten Million Dollars ($10,000,000).

Examples of Committed Line in a sentence

• Bank shall, at its option, charge such interest, all Bank Expenses, and all Periodic Payments against any of Borrower's deposit accounts or against the Committed Line, in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder.

• We are pleased to provide the Committed Line hereunder and look forward to the ongoing development of our relationship.

• Each of the Borrowers, on behalf of each of its respective Funds having Loans outstanding at any time, further covenants and agrees that it shall make such repayments of the Loans outstanding to each such Fund at any time to the extent required such that the then outstanding aggregate principal amount of all Loans to all Funds hereunder shall at no time exceed the Committed Line Amount upon the earlier to occur of such Borrower first becoming aware of any such circumstance or demand by the Bank.

• The provisions of this Section II.9) shall survive the repayment of the Obligations and the termination of the Committed Line and this Agreement.

• Each of the Borrowers, on behalf of its respective Funds, shall pay to the Bank its ratable portion (calculated in accordance with Section I.5(c) above) of commitment fee accruing at the rate of 0.20% per annum on the unused portion of the Committed Line Amount.

More Definitions of Committed Line

Committed Line means Four Million Dollars ($4,000,000).

Committed Line means Three Million Dollars ($3,000,000).

Committed Line means Five Million Dollars ($5,000,000).

Committed Line means Twenty Million Dollars ($20,000,000).

Committed Line means Two Million Dollars ($2,000,000).

Committed Line means the aggregate Committed Line Portions of all of the Lenders as set forth on Schedule 2.01 hereto, which shall be $100,000,000 on April 30, 2013 and shall be subject to reduction in accordance with Section 2.05A hereof or increase in accordance with Section 2.14 hereof.”

Committed Line means the aggregate Committed Line Portions of all of the Lenders as set forth on Schedule 2.01 hereto, which shall be $140,000,000 on the Closing Date and shall be subject to reduction in accordance with Section 2.05A hereof or increase in accordance with Section 2.14 hereof.”