Maximum Revolving Loan definition

Maximum Revolving Loan. Balance” 1.1(a) “MNPI” 9.10(a) “Net Interest Expense” Exhibit 4.2(b) “Notice of Conversion/Continuation of Revolving Loans” 1.6(a) “Obligation Currency” 9.26(a) “OFAC” 3.29 “Other Taxes” 10.1(c) “Permitted Liens” 5.1 “PNC Swap Payments” 1.1(e) “Register” 1.4(b) “Restricted Payments” 5.11 “Replacement Lender” 9.22
Maximum Revolving Loan means an amount equal to Five Hundred Thousand and no/100 ($500,000.00).
Maximum Revolving Loan means an amount equal to $7,500,000.

Examples of Maximum Revolving Loan in a sentence

  • The aggregate unpaid principal balance of the Revolving Loans shall not at any time exceed the lesser of the (i) Revolving Loan Limit minus the Letter of Credit Obligations and (ii) the Maximum Revolving Loan Limit minus the Letter of Credit Obligations.

  • If at any time the then outstanding principal balance of Revolving Loans exceeds the Maximum Revolving Loan Balance, then the Borrower shall immediately prepay outstanding Revolving Loans in an amount sufficient to eliminate such excess.

  • Except as otherwise provided herein, no Lender shall have any obligation to make a Revolving Advance to the extent such Revolving Advance would cause the Revolving Loan (after giving effect to any immediate application of the proceeds thereof) to exceed the Maximum Revolving Loan Amount.

  • If, at any time, the then outstanding principal balance of Revolving Loans exceeds the Maximum Revolving Loan Balance, then the Borrower shall immediately prepay outstanding Revolving Loans in an amount sufficient to eliminate such excess.

  • Except as otherwise provided herein no Lender shall have any obligation to make an advance under this subsection 2.1(A) to the extent such advance would cause the Revolving Loan (after giving effect to any immediate application of the proceeds thereof) to exceed the Maximum Revolving Loan Amount.


More Definitions of Maximum Revolving Loan

Maximum Revolving Loan. Balance” 1.1(b) “Non-Funding Lender” 1.11(b) “Notice of Conversion/Continuation” 1.6(a) “Obligation Currency” 1.14 “Original Credit Agreement” Recitals “Other Taxes” 10.1(c) “Other Lender” 1.11(e) “Permitted Liens” 5.1 “Register” 1.4(b) “Restricted Payments” 5.11 “Replacement Lender” 9.22 “Revolving Loan Commitment” 1.1(b) “Revolving Loan” 1.1(b) “Sale” 9.9(b) “Settlement Date” 1.11(b) “Swing Loan” 1.1(d)(i) “Swingline Request” 1.1(d)(ii) “Tax Returns” 3.10 “Taxes” 10.1(a) “Unused Facility Fee” 1.9(b) In addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:
Maximum Revolving Loan. Balance” 1.1(b)
Maximum Revolving Loan. Balance” 1.1(b) “Non-Funding Lender” 1.11(b) “Notice of Conversion/Continuation” 1.6(a) “Other Lender” 1.11(e) “Other Taxes” 10.1(b) “Permitted Liens” 5.1 “Relationship Bank” Exhibit 4.11 “Register” 1.4(b) “Restricted Payments” 5.11 “Replacement Lender” 9.22 “Revolving Loan Commitment” 1.1(b) “Revolving Loan” 1.1(b) “Sale” 9.9(a) “SEC” 3.26 “Settlement Date” 1.11(b) “Taxes” 10.1(a)
Maximum Revolving Loan means from the Closing Date until July 15, 2011 Five Million Dollars ($5,000,000), and thereafter until the Maturity Date Four Million Dollars ($4,000,000).
Maximum Revolving Loan. Balance” 1.1(a) “MNPI” 9.10(a) “Notice of Conversion/Continuation” 1.6(a) “OFAC” 3.25 “Other Taxes” 10.1(c) “Owned Real Estate” 3.9(a) “Participant Register” 9.9(f) “Partnership” Preamble “Permitted Liens” 5.1 “Permitted Partnership Activities” 3.23 “Register” 1.4(b) “Replacement Lender” 9.22 “Restricted Payments” 5.11 “Revolving Loan” 1.1(a) “Revolving Loan Commitment” 1.1(a) “RNFC” Preamble “Sale” 9.9(b) “SDN List” 3.25 “Second Lien Cap” 5.5(b) “Settlement Date” 1.11(b) “Tax Returns” 3.10 “Taxes” 10.1(a)
Maximum Revolving Loan means Six Million Dollars ($6,000,000).
Maximum Revolving Loan. Balance” 1.1(b)(ii) “MFN Provision” 1.1(e)(iii)(B) “Notice of Conversion/Continuation” 1.6(a) “Notice of Intent to Cure” 7.6(a) “OFAC” 3.18(a) “Other Taxes” 10.1(d) “Participant Register” 9.9(f) “Permitted Acquisition” 5.2(i) “Permitted Liens” 5.1 “Public Lender” 9.10(f) “QFC Credit Support” 9.27