Facility Limit Reduction Notice definition

Facility Limit Reduction Notice shall have the meaning assigned to it in Section 2.02(a) of the Funding Agreement.
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Facility Limit Reduction Notice has the meaning set forth in Section 2.02(e).
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Facility Limit Reduction Notice shall have the meaning assigned such term in Section 2.11.
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Examples of Facility Limit Reduction Notice in a sentence

  • Each Facility Termination Notice or Facility Limit Reduction Notice shall specify, respectively, the amount of, or the amount of the proposed reduction in, the Facility Limit.

Related to Facility Limit Reduction Notice

  • Commitment Reduction Notice has the meaning given that term in Section 2.13.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Designated Amount means the lesser of:

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Requested Amount has the meaning assigned to such term in Section 2.02.

  • Increase Amount has the meaning assigned to such term in Section 2.22.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Purchasers, which shall initially be in the amount of $20,000,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

  • Elected Amount has the meaning set forth in the definition of “Consolidated Secured Debt Ratio.”