Credit Facility Limit definition

Credit Facility Limit in Schedule A of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:
Credit Facility Limit means the limit granted by AFFIN BANK BERHAD or AFFIN ISLAMIC BANK BERHAD for the use of the Card.
Credit Facility Limit means the overall and maximum amount that may be outstanding at any time (including fees, interest and charges) on the account. This amount is made available by Investec to theaccount holder, determined by Investec in accordance with the NCA (if applicable) and notified to the account holder from time to time through whatever medium Investec may deem fit, subject to clause 2.10;

Examples of Credit Facility Limit in a sentence

  • The making of the Initial Advance shall not result in the Outstanding Principal Obligation exceeding the Credit Facility Limit.

  • The Credit Facility, subject to the terms and conditions of this Agreement, shall revolve and no payment, repayment or prepayment under the Credit Facility shall reduce the Credit Facility Limit.


More Definitions of Credit Facility Limit

Credit Facility Limit means, at any time, the lesser of (i) $150,000,000, and (ii) the Borrowing Base at such time.
Credit Facility Limit in Schedule A to the Credit Agreement is hereby deleted in its entirety, and the following is inserted in lieu thereof:
Credit Facility Limit means a maximum amount of the Credit (prearranged ceiling) set forth in accordance with the Contract that may be used by you.
Credit Facility Limit means an amount equal to Eight Hundred Million Dollars ($800,000,000).
Credit Facility Limit means an amount equal to Eight Hundred Million Dollars ($800,000,000). Schedule A of the Existing Credit Agreement shall be amended and supplemented by adding the following defined term in appropriate alphabetical order:
Credit Facility Limit means an amount equal to One Billion Dollars ($1,000,000,000).
Credit Facility Limit means any one of the Operating Facility Limit, the Subfacility Limit, the Term Facility Limit, the Hedging Facility Limit and the MasterCard Facility Limit.