Credit Facility Amount definition

Credit Facility Amount shall have the meaning set forth in Section 2.01 of the Credit Agreement.

Credit Facility Amount means the aggregate amount of the Credit Commitment which equals:

Credit Facility Amount means the aggregate amount of the Credit Commitment which, as at the date hereof, is equal to $500,000,000.

Examples of Credit Facility Amount in a sentence

• On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facility for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facility Exposure exceed the Total Credit Facility Amount, or (ii) the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.

• If the Aggregate Credit Facility Amount is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.

• It shall not be a condition to obtaining an increase in the Aggregate Credit Facility Amount that the full amount of such increase requested by the Borrower be approved by the Lenders or any additional Eligible Assignees.

• Such increase in the Aggregate Credit Facility Amount may be utilized by requesting either (i) additional Revolving Credit Commitments or (ii) the making of additional Term Loans (in one or more tranches of Term Loans).

• Guarantee Fee will be charged on the guaranteed amount for the first year and on the outstanding amount for the remaining tenure of the credit facility as under: Credit Facility Amount All loans disbursed to the same customer by the pair of MLIs will be charged guarantee fee as per the fee structure stated above, basis their cumulative credit facility amount.

More Definitions of Credit Facility Amount

Credit Facility Amount means Eight Hundred Million and No/100 Dollars ($800,000,000.00); subject to increase, however, pursuant to Section 2.10. The Credit Facility Amount is the maximum amount that that may be advanced and outstanding at any one time under the Credit Facility.

Credit Facility Amount means, as at any time in respect of a Credit Facility, the aggregate amount of the Credit Commitment in respect of such Credit Facility, which, as at the date hereof, is equal to $200,000,000 in respect of the Operating Facility and $300,000,000 in respect of the Acquisition Facility.

Credit Facility Amount means the outstanding principal and accrued but unpaid interest, fees and other amounts payable (including any prepayment penalties) as of the Closing Date (including the current portion thereof) with respect to the Credit Facility.

Credit Facility Amount means at any time the aggregate amount of the Commitments at such time (which at the date hereof is U.S.$225,000,000), as the same may be increased from time to time pursuant to section 2.21 of the USD Agreement;"; and

Credit Facility Amount means the maximum amount available to NYGB pursuant to the Credit Facility, expressed in dollars.

Credit Facility Amount means the aggregate amount of the Credit Commitment which equals: (a) $1,000,000,000 in respect of the period ending on (and excluding) April 27, 2024; and (b) $500,000,000 in respect of the period commencing on (and including) April 27, 2024 and ending on the Maturity Date. “Currency Due” has the meaning specified in Section 2.18. “Daily Simple SOFR” means, for any day, SOFR, with the conventions for this rate (which will include a lookback) being established by the Lenders in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SOFR” for syndicated business loans; provided that, if the Lenders decide that any such convention is not administratively feasible for the Lenders, then the Lenders may establish another convention in their reasonable discretion. “Debtor Relief Laws” means Title 11 of the United States Code and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, arrangement, rearrangement, readjustment, composition, liquidation, receivership, insolvency, reorganization, examination, or similar debtor relief or debt adjustment laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Deconsolidated Net Worth” means, as of the time of any determination thereof, the following amount (determined without duplication): (a) the amount of all Common Equity and preferred equity of BBP and all capital securities that represent securities issued by

Credit Facility Amount means the sum of (i) the aggregate principal amount, accrued but unpaid interest, fees and charges owing with respect to the Credit Facility as of the close of business one day prior to the Closing Date and (ii) any breakage cost loss associated with the payment of the Credit Facility Repayment Amount to the Repaid Lenders.