Revolving Credit Amount definition

Revolving Credit Amount means the maximum amount of Revolving Loans which the Lender will make available to the Borrower which amount shall not exceed THREE MILLION AND NO/100 DOLLARS ($3,000,000); PROVIDED, HOWEVER, that the aggregate outstanding principal balance of the Revolving Loans PLUS the Letter of Credit Obligations shall not exceed the Revolving Credit Amount.
Revolving Credit Amount means $4,000,000,000, as such amount may be increased or reduced in accordance with the terms of this Agreement.
Revolving Credit Amount shall have the meaning ascribed to such term in Supplement A.

Examples of Revolving Credit Amount in a sentence

  • Notwithstanding anything in this Agreement to the contrary, in no event shall the aggregate principal Revolving Credit Obligations exceed the Maximum Revolving Credit Amount.

  • The Loans made by each Lender shall be evidenced by a single promissory note of the Borrower in substantially the form of Exhibit A dated (i) the Closing Date or (ii) the effective date of an Assignment pursuant to Section 12.06(b), payable to the order of such Lender in a principal amount equal to its Maximum Revolving Credit Amount as originally in effect and otherwise duly completed and such substitute Notes as required by Section 12.06(b).

  • It is expressly understood that the Lenders shall have no obligation to determine the Borrowing Base at any particular amount, either in relation to the Maximum Revolving Credit Amount or otherwise.

  • The Revolving Credit Obligations do not, and after making such proposed Advance or issuing such Letter of Credit would not, exceed the Maximum Revolving Credit Amount.

  • In addition to repayments under Section 2.5(B)(i)(e)(2), if at any time and for any reason (x) the amount of the Revolving Credit Obligations are greater than the Maximum Revolving Credit Amount or (b) the amount of the Revolving Credit Obligations plus the aggregate outstanding principal amount of the Term Loans are greater than the Borrowing Base (Senior Debt) as in effect at such time, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess.


More Definitions of Revolving Credit Amount

Revolving Credit Amount in Section 1.1 of the Loan Agreement is hereby amended and restated to read in its entirety as follows:
Revolving Credit Amount means the amount of Thirty Five Million Dollars ($35,000,000).
Revolving Credit Amount. The term "Revolving Credit Amount" shall have the meaning given such term in SUPPLEMENT A.
Revolving Credit Amount means, from and after January 25, 1995, $12,580,000, as adjusted after such date pursuant to this Agreement, including pursuant to Sections 2.1.3 and 2.1.4.
Revolving Credit Amount means an amount equal to US$50,000,000, as such amount may be reduced from time to time pursuant to this Agreement."
Revolving Credit Amount means the amount of Fifty Million Dollars ($50,000,000) less the then existing Dollar Equivalent of Euro Loan Exposure. “Revolving Credit Expiration Date” means June 30, 2013, or such later date as to which the Lender shall, in its discretion, agree to extend the Revolving
Revolving Credit Amount means Eight Million Dollars ($8,000,000), subject to reduction or termination under Section 2.