Line of Credit Commitment Amount definition

Line of Credit Commitment Amount means the Dollar Equivalent Amount of $50,000,000.00.
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Line of Credit Commitment Amount means $7,000,000.
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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 the maximum committed principal amount of the Line.
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Line of Credit Commitment Amount means $3,000,000.
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Line of Credit Commitment Amount means $10,000,000.
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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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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 Annex II, 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 Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • 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.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Total Revolving Credit Commitment means, at any time, the aggregate amount of the Revolving Credit Commitments, as in effect at such time. The initial Total Revolving Credit Commitment is $90,000,000.

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

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • 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.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.