Maximum Revolving Commitment definition

Maximum Revolving Commitment means $1,000,000.00
Maximum Revolving Commitment means Forty Million Dollars ($40,000,000).
Maximum Revolving Commitment means Twenty-Five Million Dollars ($25,000,000).

Examples of Maximum Revolving Commitment in a sentence

  • If, at any time, the aggregate outstanding principal amount of the outstanding Advances exceeds the Maximum Revolving Commitment Amount, Borrower will immediately, upon written notice from the Bank, pay to the Bank (in immediately available funds) an amount equal to the difference between the aggregate outstanding principal amount of the Advances and the Maximum Revolving Commitment Amount.

  • Borrower may at any time and from time to time, without premium or penalty, permanently and irrevocably reduce the Maximum Revolving Commitment Amount in a minimum amount of $100,000 or a higher integral amount of $100,000 or terminate the Revolving Loan by providing written notice of the same to Bank.

  • The dualist school belief that the informal sector is include of marginal activities but not related to the formal sector that provide income for the poor and a safety net in times of crisis (ILO, 1972; Sethuraman, 1976; Tokman, 1978).

  • The aggregate unpaid principal amount of the Line of Credit outstanding at any time shall not exceed the Maximum Revolving Commitment Amount.

  • Upon the satisfaction of the conditions set forth herein and provided further that the aggregate principal balance of the Line of Credit outstanding at any time does not exceed the Maximum Revolving Commitment Amount, the Bank agrees to make Advances to Borrower, from time to time, from the date hereof and until the Expiration Date.


More Definitions of Maximum Revolving Commitment

Maximum Revolving Commitment means an amount equal to the aggregate Revolving Commitments of the Revolving Lenders, as such amount may be increased from time to time pursuant to Section 2.22 or decreased pursuant to Section 2.09. As of the Effective Date, the Maximum Revolving Commitment is an amount equal to Three Hundred Fifty Million Dollars ($350,000,000).
Maximum Revolving Commitment means: (a) from the First Amendment Effective Date through, and including, December 16, 2010, Forty-Four Million Five Hundred Thousand Dollars ($44,500,000); and (b) at all other times, Forty Million Dollars ($40,000,000).
Maximum Revolving Commitment means Thirty Million Dollars ($30,000,000).
Maximum Revolving Commitment means Fifteen Million and 00/100 Dollars ($15,000,000.00).
Maximum Revolving Commitment means an amount equal to (i) prior to the Tenth Amendment Closing Date, such amount provided in the Credit Agreement as in effect at such time, (ii) during the period from the Ninth Amendment Closing Date through December 31, 2002, an amount equal to Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00), and (iii) from and after January 1, 2003, an amount equal to Three Million and 00/100 Dollars ($3,000,000.00).
Maximum Revolving Commitment means as of any time of determination (a) $5,000,000, minus, (b) the aggregate amount of all reductions therein (if any) pursuant to Section 3.4, and shall be $0 upon any termination of the obligations of the Purchaser to purchase Revolving Notes hereunder pursuant to Section 3.1(a), 3.4, 11.1 or otherwise.
Maximum Revolving Commitment means Ten Million Dollars ($10,000,000) subject to Section 2.14 and the other terms of this Agreement; provided, however, that until the Restricted Investment Collateral Account Value equals an aggregate amount equal to $6,000,000, the Maximum Revolving Commitment for all purposes of this Agreement will equal, as of any date of determination, an amount equal to the then Restricted Investment Collateral Account Value. On the date (the “Threshold Date”) that the Restricted Investment Collateral Account Value equals or exceeds an aggregate amount equal to $6,000,000, the Maximum