Maximum Revolving Facility Amount definition

Maximum Revolving Facility Amount means the amount set forth in Section 1(a) of Schedule A.
Maximum Revolving Facility Amount means the amount set forth in Section 1(a) of Annex I.
Maximum Revolving Facility Amount means the amount set forth in Section 1(a)(i) of Annex I.

Examples of Maximum Revolving Facility Amount in a sentence

  • Notwithstanding the foregoing, (i) the aggregate amount of all Protective Advances outstanding at any time shall not exceed an amount equal to ten percent (10%) of the Maximum Revolving Facility Amount and (ii) after giving effect to any such Protective Advances, the outstanding balance of all Revolving Loans will not exceed the Maximum Revolving Facility Amount.

  • The authority of Agent to make Overadvances is limited to an aggregate amount not to exceed an amount equal to ten percent (10%) of the Maximum Revolving Facility Amount at any time.

  • If at any time for any reason whatsoever (including as a result of currency fluctuations) (i) the outstanding balance of all Revolving Loans exceeds the lesser of (x) the Maximum Revolving Facility Amount minus Reserves established against the Maximum Revolving Facility Amount and (y) the Borrowing Base or (ii) any of the Loan Limits for Revolving Loans are exceeded, then, in each case, Borrowers will immediately pay to Agent such amounts as shall cause Borrowers to eliminate such excess.

  • Each reduction (i) shall be in a minimum amount of $2,500,000, (ii) shall not reduce the Maximum Revolving Facility Amount and the Revolving Loan Commitments to an amount less than the aggregate principal amount of Revolving Loans outstanding at such time (unless accompanied by a corresponding prepayment of such outstanding Revolving Loans), and (iii) shall not reduce the Maximum Revolving Facility Amount and the Revolving Loan Commitments to an amount less than $10,000,000.

  • Lender may, with or without notice to Borrowing Agent, from time to time establish and revise reserves against the Borrowing Base and/or the Maximum Revolving Facility Amount in such amounts and of such types as Lender deems appropriate in its Permitted Discretion (“Reserves”).


More Definitions of Maximum Revolving Facility Amount

Maximum Revolving Facility Amount means an amount equal to FOUR MILLION AND NO/100 DOLLARS ($4,000,000.00).
Maximum Revolving Facility Amount means, on any date of determination thereof, an amount equal to (a) the cap amounts, as applicable, set forth in Section 9.03(f) of the Term Loan Agreement, as in effect on the date hereof, and (b) all permanent reductions of the commitments to extend credit under the Revolving Documents.
Maximum Revolving Facility Amount has the ------------------------------------- meaning set forth in Section 2.1A(a).
Maximum Revolving Facility Amount means $15,000,000.
Maximum Revolving Facility Amount means $22,000,000.
Maximum Revolving Facility Amount means US$75,000,000 as the same is reduced in accordance with Sections 7.3 and 7.4 hereof.
Maximum Revolving Facility Amount means the amount set forth in Section 1(a) of Annex I. "Medicaid" means, collectively, the health care assistance program established by Title XIX of the Social Security Act (42 U.S.C. § 1396 et seq.) and any statutes succeeding thereto, and all laws pertaining to such program, including (a) all federal statutes affecting such program; (b) all state and commonwealth statutes and plans for medical assistance enacted in connection with such program and federal rules and regulations promulgated in connection with such program; and (c) all -12-