LOAN CEILING definition

LOAN CEILING. $150,000,000.00.

LOAN CEILING means $50,000,000, as such amount may be modified in accordance with the terms of this Agreement.

LOAN CEILING. $45,000,000.00.

Examples of LOAN CEILING in a sentence

• The unpaid principal balance of the SwingLine Loans shall not at any one time be in excess of the SwingLine Loan Ceiling.

• The Bank shall not loan any Securities maintained in a Portfolio's Account such that, after giving effect to such loan, an amount greater than that Portfolio's Loan Ceiling Amount will be lent pursuant to this Agreement.

• The unpaid principal balance of the SwingLine Loans shall not at any one time be in excess of the SwingLine Loan Ceiling (which SwingLine Loan Ceiling is subject to amendment from time to time, by reasonable advance notice by the Administrative Agent to the Lead Borrower).

• The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

• At no time during the refinancing from your existing Loan to your new Loan is your interest in the Underlying Securities transferred to you by the Trustee.

More Definitions of LOAN CEILING

LOAN CEILING means the maximum amount of money that the department will loan to a single applicant.

LOAN CEILING. $100,000,000.00.

LOAN CEILING. Eighty Million U.S. Dollars ($80,000,000.00) through January 31, 1999 and Sixty-Five Million U.S. Dollars ($65,000,000.00) thereafter, subject, in each case to reduction in accordance with the provisions of Section 2-9 hereof.

LOAN CEILING. $275,000,000.00.

LOAN CEILING set forth in Article 1 of the Agreement is hereby amended to read as follows:

LOAN CEILING. $110,000,000.00.

LOAN CEILING. Fifteen Million Dollars ($15,000,000), or such lesser amount as the Lender may establish following the occurrence of an Event of Default hereunder.