Revolving Credit Facility Limit definition

Revolving Credit Facility Limit means, at any time, the amount equal to (a) the Maximum Credit minus (b) the then outstanding Obligations arising pursuant to the Supplemental Loans.
Revolving Credit Facility Limit means the maximum amount availed by PCUL to the Customer on credit, in the Customer’s Revolving Credit Facility Account for his/her utilization;
Revolving Credit Facility Limit means Eighteen Million Dollars ($18,000,000.00).

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.


More Definitions of Revolving Credit Facility Limit

Revolving Credit Facility Limit means Ten Million Dollars ($10,000,000.00).”
Revolving Credit Facility Limit means, subject to Clause 9,(pound)13,000,000.
Revolving Credit Facility Limit means, subject to Clause 9.12 (CANCELLATION OF REVOLVING CREDIT FACILITY), US$7,500,000. "REVOLVING LOAN" means, at any time, all Revolving Advances at that time.
Revolving Credit Facility Limit means, subject to Clause 7.15 (Cancellation of Revolving Credit Facility), Euro 100,000,000.
Revolving Credit Facility Limit means $90,000,000.
Revolving Credit Facility Limit means $87,000,000 from the date of Amendment No. 6 through the later of the repayment of $3,350,000 in respect of the Obligations arising pursuant to the Supplemental Loans (including without, limitation, principal, interest, fees, costs, expenses and other charges in respect thereof payable by Borrower to Lenders) or May 1, 2000, and shall mean $90,000,000, thereafter, EXCEPT, THAT, such limit may be further reduced at any time by an amount equal to the amount of any reduction in the Maximum Credit in accordance with Section 1.1(o) of Amendment No.
Revolving Credit Facility Limit means, subject to Clause 8.5 (CANCELLATION), EURO 250,000,000.