Maximum Revolving Advance Amount definition

Maximum Revolving Advance Amount means $25,000,000.
Maximum Revolving Advance Amount means $40,000,000, plus any increases in accordance with Section 2.24.
Maximum Revolving Advance Amount means $20,000,000.

Examples of Maximum Revolving Advance Amount in a sentence

  • The aggregate balance of Revolving Advances plus Swing Loans outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

  • Each Lender shall participate in any new Revolving Advances made on or after such date in accordance with its Revolving Commitment Percentage after giving effect to the increase in the Maximum Revolving Advance Amount and recalculation of the Revolving Commitment Percentages contemplated by this Section 2.24.

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.

  • The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.


More Definitions of Maximum Revolving Advance Amount

Maximum Revolving Advance Amount means $15,000,000.
Maximum Revolving Advance Amount means $50,000,000.
Maximum Revolving Advance Amount means $8,000,000.
Maximum Revolving Advance Amount set forth in Section 1.2 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
Maximum Revolving Advance Amount means $60,000,000.
Maximum Revolving Advance Amount means $12,000,000.
Maximum Revolving Advance Amount means $10,000,000.