Maximum Revolving Credit Facility Amount definition

Maximum Revolving Credit Facility Amount means, at any time, an amount equal to the greater of (x) $2,250,000,000 and (y) the Borrowing Base.
Maximum Revolving Credit Facility Amount. (as defined in the Term Loan Credit Agreement from time to time) or, if the Term Loan Credit Agreement is no longer in effect, the maximum aggregate principal amount of Indebtedness under the Loan Documents permitted pursuant to any Permitted Term Loan Facility Refinancing, or the documents governing any Indebtedness permitted under Section 6.01 that was incurred to refinance, or in exchange for, any Term Loans or any Permitted Term Loan Facility Refinancing, in each case whether a fixed figure or as determined pursuant to a formula.
Maximum Revolving Credit Facility Amount means, at any time, $1,000,000,000.

Examples of Maximum Revolving Credit Facility Amount in a sentence

  • Borrower’s obligation to repay Advances and other extensions of credit under the Revolving Credit Facility shall be further evidenced by a promissory note executed and delivered by Borrower in the face amount of the Maximum Revolving Credit Facility Amount payable to the order of Bank (the “Revolver Note”), which shall be in form and content acceptable to Bank.

  • Subject to the terms and conditions of this Agreement and the Loan Documents, Bank agrees to establish for Borrower a revolving credit facility (the “Revolving Credit Facility”) pursuant to which during the Contract Period, Bank agrees to extend to Borrower Advances under the Revolving Credit Facility, provided that, the Revolving Credit Facility Usage shall not exceed at any time the Maximum Revolving Credit Facility Amount.

  • Borrower agrees to pay to Bank an unused facility fee in an amount as set forth under the definition of Applicable Margin in Section 1.1 herein, per annum times the aggregate of the Average Unused Portion of Maximum Revolving Credit Facility Amount and the Average Unused Portion of Maximum Term Loan Amount.

  • Bank shall have no obligation (a) to issue any --------- Letters of Credit, if the aggregate outstanding undrawn amount of all Letters of Credit would exceed $500,000.00; (b) to issue any Letter of Credit, if a Default or Event of Default has occurred; or (c) to issue any Letter of Credit if the Revolving Credit Facility Usage plus the amount of such new Letter of Credit to be issued exceeds (i) the Borrowing Base (as reduced by all Reserves), or (ii) the Maximum Revolving Credit Facility Amount.

  • Borrower agrees to pay to Lender an unused facility fee in an amount equal to .50% per annum times the Average Unused Portion of Maximum Revolving Credit Facility Amount.


More Definitions of Maximum Revolving Credit Facility Amount

Maximum Revolving Credit Facility Amount means subject to Clause 5 and Clause 11.18 five hundred million Dollars (USD500,000,000);
Maximum Revolving Credit Facility Amount means $23,000,000.00."
Maximum Revolving Credit Facility Amount means $450.0 million.
Maximum Revolving Credit Facility Amount means the Maximum Facility Amount, as reduced from time to time pursuant to Clause 3 and by the Swingline Facility;
Maximum Revolving Credit Facility Amount means $10,000,000.
Maximum Revolving Credit Facility Amount means $35,000,000." Borrower agrees to execute and deliver to Agent on or before March 22, 2000 replacement Notes in the aggregate amount of the revised Maximum Revolving Credit Facility Amount, which replacement Notes are given in substitution and replacement for the existing Notes and not in payment or satisfaction of such existing Notes. Such replacement Notes shall be in form and content acceptable to Agent. All references to Notes in the Loan Documents shall be deemed to be references to the replacement Notes. Upon receipt of the original signed replacement Notes by the Lenders, the Lenders will return to Borrower the prior Notes marked "Replaced" or "Substituted".
Maximum Revolving Credit Facility Amount. (as defined in the Term Loan Credit Agreement from time to time) or, if the Term Loan Credit Agreement is no longer in effect, the maximum aggregate principal amount of Indebtedness under the Loan Documents permitted pursuant to any Permitted Term Loan Facility Refinancing, or the documents governing any Indebtedness permitted under Section 6.01 that was incurred to refinance, or in exchange for, any Term Loans or any Permitted Term Loan Facility Refinancing, in each case whether a fixed figure or as determined pursuant to a formula. 139 1160299.01-CHISR1160299.03H-CHISR02A - MSW