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

  • The detailed computation using the required formula must be provided.OROriginal copy of Committed Line of Credit (CLC) per Annex IV-A issued by a Local Universal or Local Commercial Bank at least equal to ten percent (10%) of the ABC of this project.In case of Joint Venture, the partner responsible to submit the NFCC shall likewise submit the Statement of all its ongoing contracts and the Latest Audited Financial Statements.

  • 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.

  • If the prospective bidder opts to submit a Committed Line of Credit (CLC), it must be at least equal to ten percent (10%) of the ABC to be bid.

  • Further, if the Bidder opted to submit a Committed Line of Credit (CLC), the bidder must submit a granted credit line valid/effective at the date of bidding.

  • 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.


More Definitions of Committed Line

Committed Line means Three Million Dollars ($3,000,000).
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 Five Million Dollars ($5,000,000).
Committed Line means Two Million Dollars ($2,000,000).
Committed Line means Twenty Million Dollars ($20,000,000).
Committed Line means Four Million Dollars ($4,000,000).
Committed Line means Credit Extensions under the Revolving Facility and the Non-Revolving Sublimit of up to the lesser of: (i) Three Hundred Sixty-Five Million Dollars ($365,000,000) and (ii) thirty percent (30%) of Borrower’s and Portfolio Recovery Associates, L.L.C.’s Estimated Remaining Collections of all Eligible Asset Pools.