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.

  • 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 Ninety Million Dollars ($90,000,000). “Tranche A-3 Limit” means [Redacted: Threshold].
Facility A Limit is defined in section 2.07;
Facility A Limit means L244,322,042;
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 means Two Million Dollars ($2,000,000).
Facility A Limit means Twenty Million Dollars ($20,000,000).