Committed Revolving Line definition

Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

Committed Revolving Line means a credit extension of up to Five Million Dollars ($5,000,000).

Committed Revolving Line means a credit extension of up to ONE MILLION AND NO/100THS Dollars ($1,000,000).

Examples of Committed Revolving Line in a sentence

• All amounts Bank pays for any Cash Management Services will be treated as Advances under the Committed Revolving Line.

• Any amounts Bank pays on behalf of Borrower or any amounts that are not paid by Borrower for any Cash Management Services will be treated as Advances under the Committed Revolving Line and will accrue interest at the rate for Advances.

• The availability of funds under the Committed Revolving Line shall be reduced by the amount of such reserve for so long as such letter of credit remains outstanding.

• 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 Revolving Line, in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder.

• Such aggregate amounts utilized under the Cash Management Services Sublimit will at all times reduce the amount otherwise available to be borrowed under the Committed Revolving Line.

More Definitions of Committed Revolving Line

Committed Revolving Line means a credit extension of up to Three Million Dollars ($3,000,000).

Committed Revolving Line means a Credit Extension of up to $7,500,000 (inclusive of any amounts outstanding under the Letter of Credit Sublimit).

Committed Revolving Line means a credit extension of up to Eleven Million Five Hundred Thousand Dollars ($11,500,000).

Committed Revolving Line is an Advance of up to $5,000,000.

Committed Revolving Line is an Advance of up to $3,000,000.

Committed Revolving Line means a credit extension of up to Four Million Dollars ($4,000,000).

Committed Revolving Line means a credit extension of up to Seven Million Dollars ($7,000,000).