Line of Credit Amount definition

Line of Credit Amount means, $75,000,000, provided that such amount may be (a) increased from time to time pursuant to Section 2.1(b), and (b) reduced from time to time pursuant to Section 2.1(c).
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Line of Credit Amount means $550,000,000;
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Line of Credit Amount has the meaning given to it in Section 4, together with all Letters of Credit issued but not funded, wholesale leases and other wholesale inventory financed by Lender or its affiliates.
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Examples of Line of Credit Amount in a sentence

  • If the aggregate principal amount of unpaid Advances at any time exceeds the Maximum Line of Credit Amount (such excess referred to as "Overadvance"), Borrower shall, within five (5) Business Days, repay the Overadvance in full.

  • The Loans shall continue to be evidenced by the Note and it is acknowledged that the amount of the Note is greater than the Line of Credit Amount, as amended hereby.

  • The aggregate principal amount of Advances, both outstanding and repaid, shall not exceed in the aggregate the Maximum Line of Credit Amount.

  • If the aggregate amount of advances made and outstanding under the Line of Credit shall at any time and for any reason exceed the Maximum Line of Credit Amount or the Borrowing Base, Borrower shall immediately pay Bank the excess.

  • Borrower shall not request any advance of proceeds of the Line of Credit which exceeds the Maximum Line of Credit Amount or the Borrowing Base or which would cause the aggregate amount of advances made and outstanding under the Line of Credit to exceed the Maximum Line of Credit Amount or the Borrowing Base.


More Definitions of Line of Credit Amount

Line of Credit Amount means, $150,000,000, provided that such amount may be (a) increased from time to time pursuant to Section 2.1(b), and (b) reduced from time to time pursuant to Section 2.1(c).
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Line of Credit Amount as defined in Section 2.3.
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Line of Credit Amount means, $100,000,000, provided that such amount may be reduced from time to time pursuant to Section 2.1(c)
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Line of Credit Amount means, as of any applicable date of determination, One Million Eight Hundred Thousand Dollars ($1,800,000).
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Line of Credit Amount means a principal amount not to exceed Twenty-Two Million Dollars ($22,000,000.00).
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Line of Credit Amount. Fifteen Million Dollars ($15,000,000).
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Line of Credit Amount has the meaning given to it in Section 4.
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