Maximum Credit Line definition

Maximum Credit Line means $167,100,000, as such amount may be reduced from time to time (A) pursuant to and in accordance with Section 2.3 and Section 13.12,

Maximum Credit Line means $25,000,000, or such higher amount as Lender may agree to in its sole discretion.

Maximum Credit Line means One Million Seven Hundred Fifty Thousand Dollars ($1,750,000) or such other amount as may be determined from time to time by Summit in its sole discretion.

Examples of Maximum Credit Line in a sentence

• Any and all amounts applied pursuant to the third and fourth clauses of this Section 13.12(a) shall result in a reduction of both the CBI Maximum Credit Line and the Maximum Credit Line by such amount.

• Upon each reduction in the CBI Maximum Credit Line, each Lender’s Existing Commitment shall be reduced by its Pro Rata Share of the amount of such reduction.

• In no event shall Capital be obligated to make advances to Borrower under this Section 2 whenever the aggregate amount of the then outstanding advances made pursuant to Section 2 exceeds or would exceed as a result of the requested advance, the Maximum Credit Line.

• If, at any time and for any reason, the amount of advances made pursuant to Sections 2.1 and such supplement, if any, exceed the percentage or dollar limitations set forth in Section 2.1 and in such supplement, as applicable, or if all of Borrower's Obligations, at any time and for any reason, exceed the Maximum Credit Line (an "Over Advance"), then Borrower, upon Capital's election and demand, shall immediately pay to Capital, in cash, the amount of such excess.

• Upon each reduction in the Maximum Credit Line, each Lender's Commitment ------ shall be reduced by its Pro Rata Share of the amount of such reduction.

More Definitions of Maximum Credit Line

Maximum Credit Line has the meaning set forth on Schedule 1.

Maximum Credit Line as referred to in Section 1.29 means ONE MILLION FUVE HUNDRED THOUSAND AND 00/100 DOLLARS ($1,500,000.00).

Maximum Credit Line means $50,000,000.

Maximum Credit Line means Two Million and 00/100 Dollars ($2,000,000.00).

Maximum Credit Line means Two Million Dollars ($2,000,000.00) or such other amount as may be determined from time to time by Summit in its sole discretion.

Maximum Credit Line means One Hundred Sixty Seven Million One Hundred Thousand Dollars ($167,100,000) as such amount may be reduced from time to time (A) pursuant to and in accordance with Section 2.3 and Section 13.12 and (B) in connection with the CPF Sale, as CPF Sale Proceeds are used to make additional prepayments of the Original Term Loans or the Term B Loans (in excess of the Twenty Million Dollar ($20,000,000) prepayments to be made on or about the CPF Closing Date), by the amount so applied to such prepayments.

Maximum Credit Line means the amount set forth as the Total Commitment for all Lenders on Schedule C-1.”