Maximum Revolving Commitment Amount definition

Maximum Revolving Commitment Amount means Fifteen Million and 00/100 Dollars ($15,000,00.00), or such lesser amount that Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount set forth in Section 1.1. of the Loan Agreement is deleted in its entirety and restated as follows:
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Maximum Revolving Commitment Amount means Six Million and No/100 ----------------------------------- Dollars ($6,000,000.00), or such lesser amount that Borrower may request as hereinafter provided.
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Examples of Maximum Revolving Commitment Amount in a sentence

  • Any increase requested pursuant to this Section 2.11 shall be allocated as a pro rata increase in the Term Loan and the Maximum Revolving Commitment Amount (based upon the principal balance of the Term Loan and the Maximum Revolving Commitment Amount as of the related “Increase Effective Date” as defined below).

  • Immediately prior to and after giving effect to any Advance under Section 2.03(b), the Outstanding Principal Amount of Revolving Credit Advances shall not exceed the Maximum Revolving Commitment Amount and the Outstanding Principal Amount of Revolving Credit Advances made by each Lender (and the obligations of such Lender under Section 2.01(b)(ii) and (iii)) shall not exceed such Lender’s Revolving Commitment.

  • Any increase in the Term Loan pursuant to this Section 2.11 shall be funded by the Lenders participating in such increase in the Term Loan and the Maximum Revolving Commitment Amount on the related Increase Effective Date.

  • Each such notice of termination or reduction shall specify, respectively, the amount of, or the amount of the proposed reduction in, the Maximum Revolving Commitment Amount.

  • Such payments and the costs of curing such defaults shall constitute Advances under the Revolving Note and shall be secured pursuant to this Agreement notwithstanding that such Advances may cause the unpaid principal balance of the Loan to exceed the Maximum Revolving Commitment Amount.


More Definitions of Maximum Revolving Commitment Amount

Maximum Revolving Commitment Amount means, an amount equal to the Revolving Commitments of all Lenders, which aggregate commitment shall be $75,000,000.00 on the Restatement Effective Date, as such amount may be adjusted from time to time in accordance with the Credit Agreement.
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Maximum Revolving Commitment Amount means Five Million and 00/100 Dollars ($5,000,000.00), or such lessor amount that Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount means Three Million Seven Hundred Fifty Thousand and 00/100 Dollars ($3,750,000.00), or such lesser amount that the Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount means Ten Million and 00/100 Dollars ($10,000,000.00), or such lesser amount that Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount. Three Million and 00/100 Dollars ($3,000,000.00).
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Maximum Revolving Commitment Amount has the meaning assigned to such term in
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Maximum Revolving Commitment Amount means Fifty-Five Million and 00/100 Dollars ($55,000,000.00).
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