Examples of Revolving Credit Facility Limit in a sentence
The Borrower may request Advances in an aggregate amount not to exceed the lesser of the Revolving Credit Facility Limit and the Maximum Availability (as defined below).
The Unused Fee shall be computed by multiplying (x) the Applicable Margin (determined as set forth for computation of the Unused Fee set forth in Section 1.1 hereof) by (y) the Revolving Credit Facility Limit, less the aggregate of the: (i) average daily balance of Advances outstanding on the Revolving Credit Facility during the preceding quarter, plus (ii) the average of all outstanding Letters of Credit for such quarter.
Loan Limits; Revolving Credit Facility Limit 3.5 Supplemental Credit Facility Limit...........................
If the Lease Obligations as defined in the Sixth Amendment are less than $500,000.00, the $8,400,000.00 Revolving Credit Facility Limit shall be permanently reduced, dollar for dollar, by the difference between $500,000.00, and the actual costs; Borrower will provide reasonable documentation of the Lease Obligations to the satisfaction of Lenders.
Any cancellation of the Term Loan Facility or the Revolving Credit Facility shall reduce each Bank's Term A Loan Commitment, Term B Loan Commitment, Term C Loan Commitment, or as the case may be, the Revolving Credit Commitment rateably, and shall reduce the aggregate maximum amount of the relevant Term Loan Facility or, as the case may be, Revolving Credit Facility Limit by the aggregate amount so cancelled.