Maximum Committed Credit definition

Maximum Committed Credit means $250,000,000 or such other amount as may be in effect pursuant to Section 2.18 hereof.
Sample 1
Maximum Committed Credit means $300,000,000.
Sample 1
Maximum Committed Credit means $250,000,000.
Sample 1

Examples of Maximum Committed Credit in a sentence

  • China’s diplomatic instrument of power also lacks a unifying vision that tran- scends borders and draws others to its orbit; it has no constructivist ideal or value to attract support.

  • Notwithstanding the foregoing, in the event that the Borrowers and the Operations Agent are able to reach agreement with a substitute commercial bank(s) to simultaneously accept the Commitment(s) being terminated pursuant to this Section 4.10, and to thereby become a Bank hereunder, the Maximum Committed Credit Amount shall not be reduced and the Facility Percentages shall remain unchanged, other than to effect the change to the substitute Bank(s).

  • Subject to the terms and conditions of this Assignment and Acceptance, the Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes without recourse to the Assignor, a $____________ interest in and to the rights, benefits, indemnities and obligations of the Assignor under the Credit Agreement equal to _____.00% in respect of the Maximum Committed Credit Amount immediately prior to the Effective Date (as hereinafter defined).

  • Except as provided hereinbelow, such action shall reduce the Maximum Committed Credit Amount by the relevant amount and shall result in an automatic corresponding change in the remaining Banks' Facility Percentages so that they total one hundred percent (100%).

  • Any such partial reduction of the Maximum Committed Credit Amount shall also effect a like reduction in the Maximum Credit Amount and, to the extent that the Maximum Committed Credit Amount is reduced to an amount less than the Swing Line Amount, a like reduction in the Swing Line Amount.

  • We further call your attention to the fact that the Investment Practices of certain of the Borrowers may restrict the borrowing by them under the Credit Agreement to amounts less than the Maximum Committed Credit Amount and the Maximum Credit Amount.

  • Such notice shall also be posted at the town hall at least 14 days prior to the date of the hearing.

  • On or prior to the Effective Date, the Borrower shall pay to the Lender a facility commitment fee in an amount equal to .25% of the Maximum Committed Credit.

  • A fee in the amount of $400,000, payable to the Lender for the increase in the Maximum Committed Credit as follows: (i) $200,000 payable to the Lender upon the Amendment Effective Date and (ii) $200,000 payable to the Lender upon the earlier of (A) February 15, 2006 and (B) the closing of a further amendment to contemplate the purchase of a portfolio of additional Medallion Loans.

  • While the Committee has no authority to manage the organization or change the collective bargaining agreement, it will discuss day-to-day internal workplace matters such as working conditions, safety, and related issues, with a goal of solving issues at the lowest level.


More Definitions of Maximum Committed Credit

Maximum Committed Credit means (a) $90,000,000 until January 31, 1999 and (b) $50,000,000 thereafter."
Sample 1
Maximum Committed Credit means $450,000,000
Sample 1
Maximum Committed Credit means, as of any date of determination, the sum of the Commitments of the Committed Lenders as of such date of determination.
Sample 1
Maximum Committed Credit means $250,000,000; provided that, beginning on August 15, 2008 to but excluding the Term Period Commencement Date, “Maximum Committed Credit” shall mean $175,000,000; provided further that, beginning on the Term Period Commencement Date and thereafter, “Maximum Committed Credit” shall mean $135,000,000, or in each case, such other amount as may be in effect pursuant to Section 2.18 hereof.”
Sample 1

Related to Maximum Committed Credit

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • 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).

  • Maximum Credit means, at any time, the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time.

  • 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.

  • Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.

  • Maximum Swingline Amount means $5,000,000.

  • FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

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

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Revolving Credit Limit has the meaning set forth in the Schedule.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • 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.

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

  • Maximum Loan Rate With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.