Maximum Amount of the Facility definition

Maximum Amount of the Facility means Two Hundred Fifty Million Dollars ($250,000,000), as such amount may be reduced from time to time in accordance with Sections 2.1(d) and 2.10(d).
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Maximum Amount of the Facility means Seventy Five Million Dollars ($75,000,000) as such amount may be decreased from time to time in accordance with Section 2.10(d) of this Agreement.
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Maximum Amount of the Facility means the total amount of up to (but not exceeding) thirty million Dollars ($30,000,000);
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Examples of Maximum Amount of the Facility in a sentence

  • During the Availability Period and within the Maximum Amount of the Facility, Party A can apply for Loans subject always to the formalities which shall be completed by both Parties.

  • In addition, if at any time the outstanding principal balance of this Note exceeds the Maximum Amount of the Facility in effect on such date, the Borrower shall immediately be required to repay the principal by the amount necessary to reduce the outstanding principal balance to such Maximum Amount.

  • The Borrower shall pay to the Agent for the ratable benefit of the Lenders on the first day of each month, commencing with the month immediately following the Closing Date, and on the Expiration Date, in arrears, an unused line fee equal to three-eighths of one percent (.375%) per annum of the difference, if positive, between (i) the Maximum Amount of the Facility and (ii) the average daily aggregate outstanding amount of the Loans.

  • During the Availability Period and within the Maximum Amount of the Facility, Party A can apply for Loans subject always to the formalities which shall be completed by both parties.

  • The Revolving Credit Note payable to the order of a Lender shall be in a stated maximum principal amount equal to such Lender's Pro Rata Share of the Maximum Amount of the Facility.


More Definitions of Maximum Amount of the Facility

Maximum Amount of the Facility means Ten Million Dollars ($10,000,000).
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Maximum Amount of the Facility means Fifteen Million Dollars ($15,000,000) less the amount of any reduction of the Lender's commitment under Section 2.1(e).
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Maximum Amount of the Facility means the sum of 400,000,000 USD (FOUR HUNDRED MILLION US DOLLARS).
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Maximum Amount of the Facility means Forty Million Dollars ($40,000,000).
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Maximum Amount of the Facility means Fifteen Million Dollars ($15,000,000) less the amount of any reduction of the Commitment under Section 2.1(g) less the amount of any Letter of Credit issued by a Fronting Bank that is not re-issued, extended or renewed upon its expiration following the Borrower's request for such re-issuance, extension or renewal (if the beneficiary of such Letter of Credit will not accept a Letter of Credit issued by the Lender).
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Maximum Amount of the Facility set forth in Article 1 of the Loan Agreement is amended in its entirety to read as follows:
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Maximum Amount of the Facility means
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