Maximum Loan Available Amount definition

Maximum Loan Available Amount means, on any date, an amount equal to the lesser of (a) the aggregate Commitments or (b) the aggregate Borrowing Base Availability.

Maximum Loan Available Amount means, on any date, an amount equal to the aggregate Commitments.

Maximum Loan Available Amount means, on any day, an amount equal to the lesser of (i) the Commitment for that day or (ii) (A) from the period beginning on the 12/99 Amendment Effective Date through January 30, 2000, fifty percent (50%) of the Class R Certificate's Value on that day and (B) beginning on January 31, 2000, twenty-five percent (25%) of the Class R Certificate's Value.

Examples of Maximum Loan Available Amount in a sentence

• The Borrower shall not reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.10, the total Revolving Credit Exposures would exceed the Maximum Loan Available Amount as reduced.

• No Lender shall have any obligation to make a Loan to the extent such Loan would cause the sum of the total Revolving Credit Exposures to exceed the total Maximum Loan Available Amount.

• The Borrower has delivered a Borrowing Base Certificate reflecting that, after giving effect to the release of the Pool Property, the total Credit Exposure will be less than or equal to the Maximum Loan Available Amount.

• The Borrower shall not reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.10, the total Revolving Credit Exposures would exceed the Maximum Loan Available Amount less the outstanding balance of all of the Term Loans.

• The Borrower shall not reduce the Commitments if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 2.09(b), the total Revolving Credit Exposures would exceed the Maximum Loan Available Amount as reduced.

More Definitions of Maximum Loan Available Amount

Maximum Loan Available Amount means, at any date, an amount equal to the difference between (a) Maximum Available Amount as of such date and (b) the aggregate amount of all LC Liabilities as of such date.

Maximum Loan Available Amount means, at any date, an amount equal to the lesser of (i) the aggregate of the Commitments or (ii) the sum of the Borrowing Base PLUS the lesser of (1) the Pledged Account Value and (2) $500,000; all as of such date."

Maximum Loan Available Amount means, on any date, an amount equal to the lesser of (a) the Total Commitments or (b) the aggregate Borrowing Base Availability. “Maximum Rate” shall have the meaning set forth in Section 9.13. “Merger” means the contemplated merger by and among Xxxxxxx Capital Essential Asset REIT, Inc., Xxxxxxx Capital Essential Asset Operating Partnership, L.P., Borrower, Parent and Globe Merger Sub, LLC as described in Parent’s December 20, 2018 8-K filing. “Merger Agreement” means the Agreement and Plan of Merger, dated as of December 14, 2018, by and among Xxxxxxx Capital Essential Asset REIT, Inc., Xxxxxxx Capital Essential Asset Operating Partnership, L.P., Borrower, Parent and Globe Merger Sub, LLC, as the same may be amended, amended and restated, restated, supplemented, modified or otherwise in effect from time to time in accordance with this Agreement. “Merger Documents” means the Merger Agreement and all other agreements and documents relating to the Merger. “Xxxxx’x” means Xxxxx’x Investors Service, Inc., and its successors. “Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3)

Maximum Loan Available Amount means, at any date, an amount equal to (A) the lesser of (i) the aggregate of the Commitments or (ii) the Borrowing Base, MINUS (B) from and after February 6, 1997, the lesser of (i) $500,000 or (ii) the total amount of the unpaid balance of assessment shown on the Notice of Federal Tax Lien (the "Houston Notice of Federal Tax Lien") filed against Equal Net Communications, Inc., bearing Serial Number 749722134 recorded with the County Clerk of Harris County, Houston, Texas as Document No. 511 52-3591, as txx xxxe may be amended from time to time."

Maximum Loan Available Amount means an amount equal to $70,000,000.00, subject to reduction in accordance with Section 2.01.

Maximum Loan Available Amount means, on any date, the total Commitments. " [Intentionally reserved.]

Maximum Loan Available Amount means an amount equal to $71,295,000.00.