Revolving Credit Ceiling definition

Revolving Credit Ceiling. $100,000,000.00.

Revolving Credit Ceiling means $350,000,000, as such amount may be increased or reduced in accordance with the terms of this Agreement.

Revolving Credit Ceiling. $150,000,000.00.

Examples of Revolving Credit Ceiling in a sentence

• No reduction or termination of the Revolving Credit Commitments or the Revolving Credit Ceiling may be reinstated.

• So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $300,000,000.

• In the event that the Termination Date occurs, for any reason, prior to the Maturity Date, the Borrowers shall pay to the Administrative Agent, for the ratable benefit of the Lenders, a fee (the “Early Termination Fee”) in respect of amounts which are or become payable by reason thereof equal to one percent (1.00%) of the Revolving Credit Ceiling then in effect if the Termination Date shall occur at any time on or before the second anniversary of the Closing Date.

• So long as an Event of Default shall not have occurred and be continuing or would result therefrom, and subject to all terms and conditions set forth in the Loan Agreement, the Borrower may request, by prior written notice to the Agent, that the Maximum Revolving Credit Ceiling be increased up to $200,000,000.

• Further, the Borrower shall have delivered to the Agent such additional documents which the Agent may reasonably request, including, without limitation, an amended and restated Revolving Credit Note to reflect the increase in the Revolving Credit Ceiling, the Amendment Fee Letter, and a ratification by each guarantor of their respective guaranties.

More Definitions of Revolving Credit Ceiling

Revolving Credit Ceiling means $1,850,000,000, as such amount may be increased from time to time in accordance with SECTION 2.02 or reduced from time to time in accordance with SECTION 2.15 and SECTION 2.17 of this Agreement.

Revolving Credit Ceiling means the amount of the Total Commitments from time to time in effect.

Revolving Credit Ceiling means the amount of the Total Commitments from time to time in effect. On the Closing Date, the Revolving Credit Ceiling is $225,000,000, as such amount may be increased or reduced in accordance with the terms of this Agreement.

Revolving Credit Ceiling means $120,000,000, as such amount may be modified in accordance with the terms of this Agreement.

Revolving Credit Ceiling. $5,000,000.00.

Revolving Credit Ceiling. $7,500,000.00 as of the Closing Date; which may be increased to $12,500,000.00 in accordance with Section 2.2.

Revolving Credit Ceiling. $120,000,000; provided, however, that the Company, upon notice to the Agent given in accordance with Section 2.22(f), shall have the right to increase the Revolving Credit Ceiling on amount not to exceed the Maximum Revolving Credit Ceiling.