Maximum Revolving Credit Loan definition

Maximum Revolving Credit Loan means, at any particular time, an amount equal to $155,000,000, as such amount may be limited or reduced from time to time pursuant to Section 2.1(c), 2.1(d), 2.1(e), 2.4 and 2.6 hereof.
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Maximum Revolving Credit Loan means:
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Maximum Revolving Credit Loan means, at any particular time, an amount equal to the Revolving Credit Loan Commitment of all Lenders less the then outstanding amount of the Letter of Credit Obligations.
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Examples of Maximum Revolving Credit Loan in a sentence

  • In addition, upon the effective date of any such termination, the Maximum Revolving Credit Loan Commitment shall be reduced to ZERO AND NO/100ths Dollars ($0.00) and the Revolving Credit Loan Commitment of each applicable Lender shall be reduced to ZERO AND NO/100ths Dollars ($0.00).

  • In addition, upon the effective date of any such termination, the Maximum Revolving Credit Loan Commitment shall be reduced to ZERO AND NO/100ths Dollars ($0.00) and the Commitment of each Lender shall be reduced to ZERO AND NO/100ths Dollars ($0.00).

  • The aggregate principal amount of each Borrowing (1) of Eurodollar Loans shall be not less than $500,000 and shall be in an integral multiple of $500,000, and (2) of Base Rate Loans hereunder shall be not less than $500,000 and shall be in an integral multiple of $500,000, except that any Borrowing of Revolving Credit Loans that are Base Rate Loans may be in the aggregate amount of the unused Maximum Revolving Credit Loan Amount in effect at such time.

  • Notwithstanding the foregoing, in the event Agent, in its sole discretion, establishes a reserve based upon its determination that an Event of Default or a Material Adverse Effect is likely to occur, then (but only for so long as such reserve is in effect) the Non-Use Fee shall not apply to that amount by which such reserve reduces the Maximum Revolving Credit Loan.

  • Subject to the provisions of Section 2.3 hereof and until all amounts outstanding in respect of the Revolving Credit Loan shall become due and payable on the Termination Date, Borrower may from time to time borrow, repay and reborrow under this Section 2.2 (a) up to the Maximum Revolving Credit Loan Amount.


More Definitions of Maximum Revolving Credit Loan

Maximum Revolving Credit Loan means, at any particular time, an amount equal to $15,000,000.
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Maximum Revolving Credit Loan means, at any particular time, an amount equal to Eighteen Million Dollars ($18,000,000) as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.
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Maximum Revolving Credit Loan means, at any particular time, an amount equal to $40,000,000.
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Maximum Revolving Credit Loan means an amount equal to $65,000,000, subject to reduction as provided in Section 2.4."
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Maximum Revolving Credit Loan means $11,500,000.00.
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Maximum Revolving Credit Loan means $8,500,000.00.
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Maximum Revolving Credit Loan shall have the meaning set forth in Section 3.01 herein.
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