Line of Credit Commitment Amount definition

Line of Credit Commitment Amount means $7,000,000.
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Line of Credit Commitment Amount means the Dollar Equivalent Amount of $50,000,000.00.
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Line of Credit Commitment Amount shall have the meaning as provided and/or determined in accordance with Schedule DD.
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Examples of Line of Credit Commitment Amount in a sentence

  • Within the limits of each Lender’s Pro Rata Share of the Revolving Line of Credit Commitment Amount, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.03, and reborrow under this Section 2.01(a).

  • Any reduction of the Revolving Line of Credit Commitment Amount or the Term Commitment Amount shall be applied to the applicable Commitment of each Lender according to its Pro Rata Share thereof.

  • Once reduced in accordance with this Section, neither the Revolving Line of Credit Commitment Amount nor the Term Commitment Amount may be increased.

  • During the three months ended September 30, 2011, the Operating Company recorded $6 thousand in adjusted net realized gain.

  • Borrowers shall execute such documents as may be required by Bank in connection with, and prior to, any such reductions of the Line of Credit Commitment Amount.

  • The Line of Credit includes an uncommitted accordion feature permitting Borrowers to request increases in the Line of Credit Commitment Amount by a maximum additional amount of up to $20,000,000 in the aggregate (subject to reduction as provided above); provided that any such request shall be in a minimum amount of $5,000,000 and in increments of $1,000,000 in excess thereof.

  • Concurrently with any reduction of the Revolving Commitment Amount or the Line of Credit Commitment Amount, the Company shall pay all interest on the applicable Loans, all applicable facility fees and, in the case of any reduction of the Revolving Commitment Amount, all Letter of Credit Fees.

  • Pro Rata Share of Aggregate Commitments, Revolving Line of Credit Commitment Amount and Term Commitment Amount Bank of America, N.A. $ 7,500,000.00 $ 7,500,000.00 $ 15,000,000.00 50.000000000 % Xxxxx Fargo Bank, National Association $ 7,500,000.00 $ 7,500,000.00 $ 15,000,000.00 50.000000000 % Total $ 15,000,000.00 $ 15,000,000.00 $ 30,000,000.00 100.000000000 % SCHEDULE 5.06 Litigation TITLE CASE # Court/County/State Xxxxxxxxxx et al.

  • The lesser of the Line of Credit Commitment Amount or Collateral Loan Value reduced by the sum of (i) the principal balance outstanding under the Line of Credit, (ii) the Letter of Credit Exposure Reserve, and (iii) the Availability Reserve as determined by Bank from the most recent Loan Base Report and otherwise in the sole discretion of Bank after consideration of Collections.

  • The Company may from time to time on at least two Business Days' prior written notice received by the Agent (which shall promptly advise each Bank thereof) permanently reduce (i) the Revolving Commitment Amount to an amount not less than the Revolving Outstandings or (ii) the Line of Credit Commitment Amount to an amount not less than the Line of Credit Outstandings.


More Definitions of Line of Credit Commitment Amount

Line of Credit Commitment Amount means $10,000,000.
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Line of Credit Commitment Amount means $3,000,000.
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Line of Credit Commitment Amount means $69,482,759 as reduced from time to time pursuant to Section 5.1 and as increased from time to time pursuant to Section 2.1.2.”
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Line of Credit Commitment Amount means the maximum committed principal amount of the Line.
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Related to Line of Credit Commitment Amount

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.