Maximum Revolving Loan Available Amount definition

Maximum Revolving Loan Available Amount means, at any date, an amount equal to the aggregate of the Revolving Loan Commitments.
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Maximum Revolving Loan Available Amount means, at any date, an amount equal to the aggregate of the Revolving Loan Commitments (which amount shall not exceed $65,000,000).
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Maximum Revolving Loan Available Amount set forth in Section 1.1 of the Loan Agreement is hereby amended to read in its entirety as follows:
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Examples of Maximum Revolving Loan Available Amount in a sentence

  • From time to time on or after the Effective Date and during the applicable Revolving Loan Availability Period, each Revolving Loan Lender shall make loans under this Section 2.1(b) to Borrower in an aggregate principal amount at any one time outstanding (including its Revolving Loan Commitment Percentage of all Letter of Credit Liabilities at such time) up to but not exceeding such Lender's Revolving Loan Commitment Percentage of the Maximum Revolving Loan Available Amount.

  • Borrower shall from time to time on demand by Agent prepay the Revolving Loans (or provide Cover for Letter of Credit Liabilities) in such amounts as shall be necessary so that at all times the aggregate outstanding amount of all Revolving Loan Obligations shall be less than or equal to the Maximum Revolving Loan Available Amount.

  • Borrower shall from time to time on demand by --------------- Agent prepay the Revolving Loans (or provide Cover for Letter of Credit Liabilities) in such amounts as shall be necessary so that at all times the aggregate outstanding amount of all Revolving Loan Obligations shall be less than or equal to the Maximum Revolving Loan Available Amount.

  • Notwithstanding the foregoing sentence, the aggregate amount of all Revolving Loans (including, without limitation, all Swing Loans) shall not at any time exceed the Maximum Revolving Loan Available Amount less all Letter of Credit Liabilities.

  • The Borrower shall from time to time, within ten (10) days after demand by the Agent (which demand Agent may make at its option and shall make if directed to do so by the Majority Lenders), prepay the Revolving Loans (or provide Cover for Letter of Credit Liabilities) in such amounts as shall be necessary so that at all times the aggregate outstanding amount of all Revolving Loan Obligations shall be less than or equal to the Maximum Revolving Loan Available Amount.

  • From time to time on or after the Effective Date and during the applicable Revolving Loan Availability Period, each Revolving Loan Lender shall make loans under this Section 2.1(a) to Borrower in an aggregate principal amount at any one time outstanding (including its Revolving Loan Commitment Percentage of all Letter of Credit Liabilities at such time) up to but not exceeding such Lender’s Revolving Loan Commitment Percentage of the Maximum Revolving Loan Available Amount.

  • From time to time on or after the Effective Date and during the Revolving Loan Availability Period, each Revolving Loan Lender shall make loans under this Section 2.1(b) to Borrower in an aggregate principal amount at any one time outstanding (including its Revolving Loan Commitment Percentage of all Letter of Credit Liabilities at such time) up to but not exceeding such Lender's Revolving Loan Commitment Percentage of the Maximum Revolving Loan Available Amount.

  • In the absence of a specific designation of another Designated Amount hereunder, the Designated Amount shall equal the Maximum Revolving Loan Available Amount.

  • Notwithstanding the foregoing sentence, the aggregate amount of all Revolving Loans (including, without limitation, all Swing Loans) shall not at any time exceed the Maximum Revolving Loan Available Amount.

  • From time to time on or after the Effective Date and during the Revolving Loan Availability Period, the Revolving Loan Lender shall make loans under this Section 2.1 to the Borrower in an aggregate principal amount at any one time outstanding up to but not exceeding the Maximum Revolving Loan Available Amount.


More Definitions of Maximum Revolving Loan Available Amount

Maximum Revolving Loan Available Amount means, at any date, an amount equal to the least of (i) the aggregate of the Revolving Loan Commitments or (ii) the then effective Borrowing Base or (iii) for any period, the amount set forth in the table below opposite such period (as such amounts set forth in the table below may be adjusted from time to time by the Majority Lenders): PERIOD AMOUNT 9/21/99 through 10/20/99 $74,000,000 10/21/99 through 11/20/99 $74,500,000 11/21/99 through 12/20/99 $75,000,000 12/21/99 through 1/20/2000 $74,500,000 1/21/2000 through 2/20/2000 $73,000,000 2/21/2000 through 3/20/2000 $70,500,000 3/21/2000 through the Revolving Loan Maturity Date $70,500,000 OVER/UNDER ADVANCE AMOUNT means, for any period, the amount set forth in the table below opposite such period: PERIOD OVER/UNDER ADVANCE AMOUNT 4/21/99 through 5/20/99 $1,500,000 5/21/99 through 6/20/99 $900,000 6/21/99 through 7/20/99 ($2,100,000) 7/21/99 through 8/20/99 ($300,000) 8/21/99 through 9/20/99 $500,000 9/21/99 through 10/20/99 $2,400,000 10/21/99 through 11/20/99 $1,300,000 11/21/99 through 12/20/99 $1,500,000 12/21/99 through 1/20/2000 $600,000 1/21/2000 through 2/20/2000 $2,000,000 2/21/2000 through 3/20/2000 $1,100,000 3/21/2000 through the Revolving Loan Maturity Date $0
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Maximum Revolving Loan Available Amount. Minimum Monthly EBITDA", "Monthly Financial Statements, "Over Advance Amount" and "Stationary Term Loan Balance" are hereby added to SECTION 1.1 of the Loan Agreement, such new definitions to read in their entireties as follows: ADDITIONAL COLLATERAL shall have the meaning ascribed to such term in SECTION 7.8 hereof. ADDITIONAL COLLATERAL EVENT shall have the meaning ascribed to such term in SECTION 7.8 hereof.
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Maximum Revolving Loan Available Amount means, at any date, an amount equal to the least of (i) the aggregate of the Revolving Loan Commitments or (ii) the then effective Borrowing Base or (iii) for any period, the amount set forth in the table below opposite such period (as such amounts set forth in the table below may be adjusted from time to time by the Majority Lenders): PERIOD AMOUNT ------ ------ Through 3/20/99 $73,800,000 3/21/99 through 4/20/99 $76,500,000 4/21/99 through 5/20/99 $77,000,000 5/21/99 through 6/20/99 $76,000,000 6/21/99 through 7/20/99 $75,500,000 7/21/99 through 8/20/99 $73,500,000 8/21/99 through 9/20/99 $73,500,000 9/21/99 through 10/20/99 $75,000,000 10/21/99 through 11/20/99 $76,300,000 11/21/99 through 12/20/99 $74,000,000 12/21/99 through 1/20/2000 $73,000,000 1/21/2000 through 2/20/2000 $71,000,000 2/21/2000 through 3/20/2000 $71,000,000 3/21/2000 through the Revolving Loan Maturity Date $70,500,000 MINIMUM MONTHLY EBITDA means, for any applicable period, the sum of the amounts set forth opposite the applicable fiscal months included in such period on EXHIBIT K hereto.
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Maximum Revolving Loan Available Amount means, at any date, an ------------------------------------------- amount equal to the lesser of, (i) $6,000,000.00; of (ii) the then effective Borrowing Base.
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Related to Maximum Revolving Loan Available Amount

  • Maximum Revolving Advance Amount means $35,000,000.

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

  • Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Aggregate Revolver Outstandings means, at any date of determination: the sum of (a) the unpaid balance of Revolving Loans, (b) the aggregate amount of Pending Revolving Loans, (c) one hundred percent (100%) of the aggregate undrawn face amount of all outstanding Letters of Credit, and (d) the aggregate amount of any unpaid reimbursement obligations in respect of Letters of Credit.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.