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
The aggregate amount of Swingline Loans outstanding at any time shall not exceed an amount equal to ten percent (10%) of the Maximum Revolving Facility Amount.
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.
More Definitions of Maximum Revolving Facility Amount
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 means an amount equal to FOUR MILLION AND NO/100 DOLLARS ($4,000,000.00).
Maximum Revolving Facility Amount means the amount set forth in Section 1(a) of Schedule A. “Monthly Average Outstanding” means, for any calendar month period commencing on the first day of the month of such period (or on the Closing Date with respect to the first month during the term of this Agreement), the average daily outstanding principal balance of the Revolving Loans and the Letter of Credit Balance during such period. “Monthly Financial Model” means a report substantially in the form of Exhibit G hereto to be signed by an Authorized Officer of Borrowing Agent. “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which a Loan Party or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. “Net Income” means, for the applicable period, for Borrowers or Loan Parties on a consolidated basis, as applicable, the net income (or loss) of Borrowers or Loan Parties on a consolidated basis, as applicable, for such period, in each case of Borrowers or Loan Parties on a consolidated basis, as applicable, for such period. “Net Orderly Liquidation Value” with respect to Eligible Inventory means the net orderly liquidation value of such Eligible Inventory as determined by Lender from time to time based upon the most recent Inventory appraisal received by the Lender prepared by an appraiser, and in a manner acceptable to Lender. “NOLV Factor” means the quotient, expressed as a percentage, of (a) the Net Orderly Liquidation Value of Eligible Inventory divided by (b) the book value of Eligible Inventory, which will be adjusted monthly or at such other times as Lender shall determine in its discretion. “Non-Paying Guarantor” has the meaning set forth in Section 8.10. “Non-U.S. Recipient” has the meaning set forth in Section 9.1(e)(ii). “Notice of Borrowing” has the meaning set forth in Section 1.4. “Obligations” means all present and future Loans, advances, debts, liabilities, fees, expenses, obligations, guaranties, covenants, duties and indebtedness at any time owing by any Borrower or any Loan Party to Lender, whether evidenced by this Agreement, any other Loan Document or otherwise whether arising from an extension of credit, opening of a Letter of Credit, guaranty, indemnification or otherwise, whether direct or indirect (including those acquired by assignment and any participation by Xxxxxx in Borrowers’ indebtedness owing to others), whet...
Maximum Revolving Facility Amount means the amount set forth in Section 1(a) of Schedule A. “Minimum Liquidity” means Excess Availability plus unrestricted cash minus outstanding or held checks.
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-
Maximum Revolving Facility Amount means $15,000,000.
Maximum Revolving Facility Amount means, as of any date of determination, the lesser of (a) the then applicable Borrowing Base and (b) the then applicable aggregate Revolving Commitments.