Examples of Revolving Credit Facility Commitment Amount in a sentence
The sum of the aggregate principal amount of all Revolving Credit Loans outstanding and the Letters of Credit Outstanding shall not exceed the Revolving Credit Facility Commitment Amount.
The Borrowers agree that if at any time the sum of the aggregate principal amount of all Revolving Credit Loans outstanding, and the Letters of Credit Outstanding exceeds the Revolving Credit Facility Commitment Amount (the “Excess Amount”), the Borrowers shall promptly pay to the Bank such Excess Amount.
The Borrowers agree that if at any time the aggregate principal amount of all such Revolving Credit Loans for Acquisitions outstanding exceeds the lesser of (1) Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00) or (2) the Revolving Credit Facility Commitment Amount, the Borrowers shall promptly pay to the Bank such excess amount.
To the extent practicable, a Non-Funding Lender shall increase its proportion of subsequent Revolving Credit Facility Advances which do not relate to the proposed Hostile Acquisition, such that the credit advanced by each Revolving Credit Facility Lender is restored as soon as reasonably possible to the relative proportion of each Revolving Credit Facility Lender's respective Revolving Credit Facility Individual Commitment Amounts to the Revolving Credit Facility Commitment Amount.
The Borrowers agree that if at any time the aggregate principal amount of all such Revolving Credit Loans for Stock Repurchases outstanding exceeds the lesser of (1) the Stock Repurchase Sublimit or (2) the Revolving Credit Facility Commitment Amount, the Borrowers shall promptly pay to the Bank such excess amount.
The Borrowers agree that if at any time the sum of the aggregate principal amount of all such Revolving Credit Loans for Stock Repurchases and Acquisitions outstanding exceeds the lesser of (1) Five Million and 00/100 Dollars ($5,000,000.00) or (2) the Revolving Credit Facility Commitment Amount, the Borrowers shall promptly pay to the Bank such excess amount.
The Agent shall maintain records evidencing all Advances, all other amounts owing by the Borrower to the Lenders and the Agent hereunder, all cancellations effecting a permanent reduction of any undrawn portion of the Revolving Credit Facility Commitment Amount and the Second-Lien Credit Facility Commitment Amount, all repayments of principal and all other payments in respect of the Obligations.
The respective amounts of the simultaneous Revolving Credit Loan and the Other Revolving Credit Loans shall be pro-rata in proportion to the respective amounts of the Revolving Credit Maximum Amount and the Other Revolving Credit Facility Commitment Amount (and the requests by the Borrower for the Revolving Credit Loans and Other Revolving Credit Loans shall be in such proportion).
The Borrowers may make no more than two (2) requests to increase the Revolving Credit Facility Commitment Amount pursuant to this Section 2.18.
OHM has good title to all of the assets reflected as owned by it in the December 31, 1994 financial statements of OHM free and clear of all liens and encumbrances.