Facility A Limit definition

Facility A Limit is defined in Section 2.01.

Facility A Limit means the Equivalent Amount in Canadian Dollars of Twenty Seven Million United States Dollars (USD$27,000,000.00).

Facility A Limit means, at any time, an amount equal to the lesser of: (A) the Facility A Maximum Amount; and (B) an amount determined at such time as follows:

Examples of Facility A Limit in a sentence

• The Lender hereby establishes a non-revolving credit facility (“Facility A”) for the Borrowers in a maximum principal amount equal to the Facility A Limit.

• For greater certainty, the Borrowers shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Advances under Facility A from time to time; provided that the Outstanding Advances under Facility A shall not exceed the Facility A Limit.

• The Borrowers may at any time and from time to time upon not less than two (2) Business Days' prior written notice to the Agent, without penalty or fee, cancel any unadvanced portion of Facility A in a minimum amount and a multiple of One Hundred Thousand Dollars ($100,000), in which event the Facility A Limit shall be reduced by the amount so cancelled.

• The aggregate principal amount of all Advances under Facility A shall not exceed the Facility A Limit.

• Any such voluntary Repayment shall be applied against the Borrower's obligations to make scheduled Repayments under Facility A (including the final Repayment of the Outstanding Principal Amount on the Maturity Date) in reverse chronological order; and the Facility A Limit shall be automatically and permanently reduced by any such voluntary Repayment.

More Definitions of Facility A Limit

Facility A Limit means Five Million Dollars ($5,000,000).

Facility A Limit means Euro 750,000,000 as reduced pursuant to the terms of this Agreement, including, without limitation, clause 6.2;

Facility A Limit is defined in section 2.07;

Facility A Limit means L244,322,042;

Facility A Limit means Eighty Million Dollars ($80,000,000).

Facility A Limit means, on any date, the Facility Limit less the ---------------- ---- outstanding principal amount of the Facility B Advances, each computed as of such date and after giving effect to all Facility B Advances to be made on such date.

Facility A Limit means Two Million Dollars ($2,000,000).