Maximum Revolving Credit Ceiling definition

Maximum Revolving Credit Ceiling. $175,000,000, as the same may be increased or decreased from time to time in accordance with the provisions of Sections 2.15, 16.5 and 16.6 hereof up to an aggregate amount not to exceed $200,000,000.".
Maximum Revolving Credit Ceiling. $100,000,000.
Maximum Revolving Credit Ceiling. $150,000,000.

Examples of Maximum Revolving Credit Ceiling in a sentence

  • So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $200,000,000.

  • So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $300,000,000.

  • So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Lead Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $400,000,000; provided, however, that the Maximum Revolving Credit Ceiling shall not be increased pursuant to this provision so long as any Term Loan B Obligations remain outstanding.

  • So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $400,000,000.

  • In addition to any other fee to be paid by the Borrower on account of the Revolving Credit, the Borrower shall pay the Agent a fee (the “Unused Line Fee”) of 0.25% per annum of the average difference, during the month just ended (or relevant period with respect to the payment being made on the Termination Date) between the Maximum Revolving Credit Ceiling and the aggregate of the unpaid principal balance of the Loan Account and the undrawn Stated Amount of L/Cs outstanding during the relevant period.

Related to Maximum Revolving Credit Ceiling