Revolving Credit Aggregate Commitment definition

Revolving Credit Aggregate Commitment means Seventy-Five Million Dollars ($75,000,000), subject to reduction or termination under Sections 2.11 or 9.2 hereof.
Revolving Credit Aggregate Commitment means Fifty Million Dollars ($50,000,000.00), subject to increases pursuant to Section 2.12 hereof up to the Revolving Credit Optional Increase Amount, and subject to reduction or termination under Section 2.11 or 9.2 hereof.
Revolving Credit Aggregate Commitment means Twenty Million Dollars ($20,000,000), subject to reduction or termination under Section 2.11 or 9.2 hereof.

Examples of Revolving Credit Aggregate Commitment in a sentence

  • Any reductions of the Revolving Credit Aggregate Commitment hereunder shall reduce each Bank’s portion thereof proportionately (based on the applicable Percentages), and shall be permanent and irrevocable.

  • Subject to the terms and conditions of this Agreement (including without limitation Section 2.3 hereof), each Bank severally and for itself alone agrees to make Advances of the Revolving Credit to the Company from time to time on any Business Day during the period from the Effective Date hereof until (but excluding) the Revolving Credit Maturity Date in an aggregate amount, in Dollars, not to exceed at any one time outstanding such Bank’s Percentage of the Revolving Credit Aggregate Commitment.

  • From the Effective Date to the Revolving Credit Maturity Date, the Company shall pay to the Agent, for distribution to the Banks pro-rata in accordance with their respective Percentages, a Revolving Credit Facility Fee determined by multiplying the Applicable Fee Percentage per annum times the Revolving Credit Aggregate Commitment then applicable under Section 2.15 hereof (whether used or unused), computed on a daily basis.

  • Reductions of the Revolving Credit Aggregate Commitment and any accompanying prepayments of the Revolving Credit Notes shall be distributed by Agent to each Bank in accordance with such Bank’s Percentage thereof, and will not be available for reinstatement by or readvance to the Company, and any accompanying prepayments of the Swing Line Note shall be distributed by Agent to the Swing Line Bank and will not be available for reinstatement by or readvance to the Company.


More Definitions of Revolving Credit Aggregate Commitment

Revolving Credit Aggregate Commitment means Eighty Million Dollars ($80,000,000), subject to increases pursuant to Section 2.12 hereof by an amount not to exceed the Revolving Credit Optional Increase Amount and subject to reduction or termination under Section 2.10 or 9.2 hereof.
Revolving Credit Aggregate Commitment set forth in Section 1.1 of the Credit Agreement are amended to read as follows:
Revolving Credit Aggregate Commitment means the aggregate of the Revolving Credit Commitments of the Banks as set forth on Schedule 1.2 hereto, subject to any increases in the Revolving Credit Aggregate Commitment pursuant to Section 2.17 of this Agreement, by an amount not to exceed the Revolving Credit Optional Increase, and subject to any reductions or termination of the Revolving Credit Aggregate Commitment under Sections 2.15 or 9.2 of this Agreement; provided, however, that in no event shall the Revolving Credit Aggregate Commitment hereunder at any time exceed Three Hundred Million Dollars ($300,000,000).
Revolving Credit Aggregate Commitment means (a) during the Step-Up Periods, One Hundred Fifty Million Dollars ($150,000,000) and (b) at all other times, One Hundred Twenty Five Million Dollars ($125,000,000), in each case, subject to reduction or termination under Section 2.9 or 7.2 hereof.
Revolving Credit Aggregate Commitment means One Hundred Million Dollars ($100,000,000), subject to increases pursuant to Section 2.13 hereof by an amount not to exceed the Revolving Credit Optional Increase, subject to reduction or termination under Section 2.11 or 9.2 hereof.
Revolving Credit Aggregate Commitment means Twenty Five Million Dollars ($25,000,000), subject to reduction or termination under Section 2.11 or 9.2 hereof.
Revolving Credit Aggregate Commitment means Eight Million Dollars ($8,000,000), subject to reduction or termination under Section 2.10, 2.11 or 9.2 hereof.