Maximum Acquisition Loan Amount definition

Maximum Acquisition Loan Amount means, as of any date of determination, an amount equal to the aggregate Acquisition Loan Commitment of all Acquisition Loan Lenders as of that date.
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Maximum Acquisition Loan Amount means the aggregate principal amount of Acquisition Loans outstanding under the Original Credit Agreement immediately after giving effect to the transactions described in Sections 1(A), 1(B) and 1(C) of the Restructuring Effective Date Letter Agreement and immediately before giving effect to this Agreement.
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Maximum Acquisition Loan Amount means, at any time of determination, an amount equal to (a) the Borrower's EBITDA for the four fiscal quarter period most recently ended times (b) 2.5. For purposes of determination of the Maximum Acquisition Loan Amount, Acquisition EBITDA attributable to an Acquisition (i) for which the Acquisition Consideration equaled or exceeded $7,500,000 and (ii) which was not financed in whole or in part with proceeds of a Loan shall not be included in the Borrower's EBITDA until the Borrower shall have delivered to the Lender financial statements pursuant to Section 8.1. or 8.2. which reflect at least one full fiscal quarter of financial performance of the Target of such Acquisition.
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Examples of Maximum Acquisition Loan Amount in a sentence

  • The aggregate amount of all Acquisition Loan Advances made by the Acquisition Lenders hereunder shall not in any event exceed the Maximum Acquisition Loan Amount.

  • The Borrower shall immediately pay to the Bank any amount by which the Acquisition Loan exceeds the Maximum Acquisition Loan Amount.

  • If at any time the outstanding balances of the Acquisition Loans exceed the Maximum Acquisition Loan Amount, the Borrower shall immediately repay the aggregate outstanding Acquisition Loan Advances to the extent necessary to eliminate such excess.

  • The Bank may, in its discretion, make, or permit to remain outstanding, Advances to the Borrower in excess of the Maximum Acquisition Loan Amount and all such amounts shall be part of the Acquisition Loan and Indebtedness, shall bear interest as provided in the Acquisition Note, shall be payable ON DEMAND and shall be entitled to all rights and security provided for herein, in the Security Agreement and all other Loan Documents.

  • The outstanding principal balance of the Acquisition Loan may increase and decrease from time to time, and Acquisition Advances thereunder may be repaid and reborrowed, but the total of Acquisition Advances outstanding at any one time under the Acquisition Loan shall never exceed the Maximum Acquisition Loan Amount.

  • Any proposed Advance under the Acquisition Loan shall not cause the principal balance of all Advances made under the Acquisition Loan to exceed the Maximum Acquisition Loan Amount.

  • The aggregate Acquisition Advances incurred during the term of this Agreement shall not exceed the Maximum Acquisition Loan Amount.


More Definitions of Maximum Acquisition Loan Amount

Maximum Acquisition Loan Amount means $1,110,000,000.
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Maximum Acquisition Loan Amount means $10,000,000. -------------------------------
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Maximum Acquisition Loan Amount means Five Million Dollars ($5,000,000.00).
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Maximum Acquisition Loan Amount means, at any particular time, an amount equal to the Acquisition Loan Commitment of all Lenders.
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Maximum Acquisition Loan Amount means Three Million Dollars ($3,000,000.00).
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Maximum Acquisition Loan Amount means $700,000,000.
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Related to Maximum Acquisition Loan Amount

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • 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.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • 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.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.