Facility Amounts definition

Facility Amounts means the aggregate of the Tranche A Facility Amount, the Tranche B Facility Amount and the Tranche C Facility Amount.
Sample 1Sample 2
Facility Amounts. Total of $1.0 billion in Senior Secured Credit Facilities (the "Credit Facilities") comprised of:
Sample 1
Facility Amounts is hereby replaced in its entirety by the following:
Sample 1

Examples of Facility Amounts in a sentence

  • Until redetermined, the outstanding Allocable Facility Amounts and Valuations shall remain in effect.

  • Facility Amounts shall be retained in the Security Trust Account(s) and, before the Insurance Facility First Closing Date, shall be used on a revolving basis for the purpose of providing new Insurance Contracts under the Insurance Facility.

  • The Lender shall also redetermine Allocable Facility Amounts as necessary to take account of any addition, release or substitution of Collateral or other event which invalidates the outstanding determinations.

  • If the Lender reasonably decides that changed market or property conditions warrant, the Lender may (i) request an Appraisal of the relevant Mortgaged Properties and/or (ii) determine new Allocable Facility Amounts and Valuations at any other times.

  • Until redetermined, the Allocable Facility Amounts and Valuations determined by the Lender shall remain in effect.

  • After the First Anniversary, on an annual basis, and if Lender decides that changed market or property conditions warrant, Lender shall redetermine Allocable Facility Amounts and Valuations.

  • Lender shall also redetermine Allocable Facility Amounts to take account of any addition or release of Collateral or other event that invalidates the outstanding determinations.

  • The Allocated Facility Amounts of the Lenders once reduced and the Reinvestment Period once terminated may not be reinstated.

  • Notwithstanding anything in this Agreement to the contrary, no change in Allocable Facility Amounts, Valuations, the Aggregate Loan to Value Ratio or the Aggregate Debt Service Coverage Ratio shall, (A) result in a Potential Event of Default or Event of Default, or (B) require the prepayment of any Advances.

  • The Allocated Facility Amounts of all Lenders shall be automatically reduced to zero at 5:00 p.m. on the Conversion Date.


More Definitions of Facility Amounts

Facility Amounts. The Lenders hereby establish the Facilities, pursuant to which they will, in accordance with the provisions of this Agreement, make available the Facilities to the Borrower. At the Signing Date: (a) the maximum aggregate principal amount of: (i) the Tranche A Facility is US$20,970,000 (US$ twenty million nine hundred and seventy thousand); (ii) the Tranche B Facilities is US$4,000,000 (US$ four million); (iii) the Tranche C Facility is US$28,500,000 (US$ twenty eight million five hundred thousand); (iv) the Tranche D Facility is Baht 20,000,000 (Baht twenty million); and (v) the Tranche E Facility is Baht 40,000,000 (Baht forty million); (b) the Tranche A Facility, the Tranche B Facilities, the Tranche C Facility, the Tranche D Facility and the Tranche E Facility are separate and independent from each other and together they form the Facilities of US$53,470,000 (US$ fifty three million four hundred and seventy thousand) and Baht 60,000,000 (Baht sixty million). The amount and availability of each Facility are subject to changes following a review by the Lenders if there occurs any circumstance set out in clause 24.2(h) (Guarantor's Shareholding).
Sample 1

Related to Facility Amounts

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Available Commitment means a Lender’s Commitment minus:

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Available Facility means the aggregate for the time being of each Lender’s Available Commitment.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Letter of Credit Undrawn Amounts means, at any time, the aggregate undrawn face amount of all Letters of Credit outstanding at such time.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Maturity Amount means the amount due at maturity with respect to a Capital Appreciation Bond.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Aggregate Outstanding Extensions of Credit as to any Lender with respect to any Type of Loan at any time, an amount equal to the sum of (a) the aggregate principal amount of all Loans of such Type made by such Lender then outstanding and (b) such Lender's Commitment Percentage of the L/C Obligations then outstanding.

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;