Maximum Revolving Credit Amount definition

Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.

Maximum Revolving Credit Amount means $85,000,000.00.

Maximum Revolving Credit Amount means, at any particular time, the lesser of (i) the Aggregate Revolving Loan Commitment at such time and (ii) the Borrowing Base (Monthly) at such time.

Examples of Maximum Revolving Credit Amount in a sentence

• Notwithstanding anything in this Agreement to the contrary, in no event shall the aggregate principal Revolving Credit Obligations exceed the Maximum Revolving Credit Amount.

• The Loans made by each Lender shall be evidenced by a single promissory note of the Borrower in substantially the form of Exhibit A dated (i) the Closing Date or (ii) the effective date of an Assignment pursuant to Section 12.06(b), payable to the order of such Lender in a principal amount equal to its Maximum Revolving Credit Amount as originally in effect and otherwise duly completed and such substitute Notes as required by Section 12.06(b).

• It is expressly understood that the Lenders shall have no obligation to determine the Borrowing Base at any particular amount, either in relation to the Maximum Revolving Credit Amount or otherwise.

• Notwithstanding anything in this Agreement to the contrary, in no event shall the aggregate principal amount of Revolving Credit Obligations exceed the Maximum Revolving Credit Amount.

• The Revolving Credit Obligations do not, and after making such proposed Advance or issuing such Letter of Credit would not, exceed the Maximum Revolving Credit Amount.

More Definitions of Maximum Revolving Credit Amount

Maximum Revolving Credit Amount means $100,000,000.

Maximum Revolving Credit Amount means, as to each Revolving Credit Lender, the amount set forth opposite such Revolving Credit Lender’s name on Annex I under the caption “Maximum Revolving Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Revolving Credit Amounts pursuant to Section 2.07(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

Maximum Revolving Credit Amount means, as to each Lender, the amount set forth opposite such Lender's name on Annex I under the caption "Maximum Revolving Credit Amounts" (as the same may be reduced pursuant to Section 2.03(b) pro rata to each Lender based on its Percentage Share), as modified from time to time to reflect any assignments permitted by Section 12.06(b).

Maximum Revolving Credit Amount contained in Section 1.1 of the Credit Agreement are hereby amended to read as follows:

Maximum Revolving Credit Amount means, at any particular time, the Aggregate Revolving Loan Commitment at such time minus the amount of any Decision Reserve in effect at such time.

Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments existing at such time.

Maximum Revolving Credit Amount means (a) during the Increased Commitment Period, $225,000,000, and (b) at all other times, $200,000,000.