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.
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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.
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Revolving Credit Facility Limit means, subject to Clause 7.15 (Cancellation of Revolving Credit Facility), Euro 100,000,000.
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Examples of Revolving Credit Facility Limit in a sentence

  • Loan Limits; Revolving Credit Facility Limit 3.5 Supplemental Credit Facility Limit...........................

  • 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.

  • 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 making of any such loans, Advances, and credits in excess of the Revolving Credit Facility Limit, on any one occasion shall not obligate the Bank to make any such loans, credits, or Advances on any other occasion nor to permit such loans, credits, or Advances to remain outstanding.

  • Any cancellation of the Revolving Credit Facility shall reduce each Bank's Revolving Credit Commitment rateably and shall reduce the Revolving Credit Facility Limit by the aggregate amount so cancelled.


More Definitions of Revolving Credit Facility Limit

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;
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Revolving Credit Facility Limit means, subject to Clause 7.15 (Cancellation of Facilities), Euro 100,000,000.
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Revolving Credit Facility Limit means, subject to Clause 9,(pound)13,000,000.
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Revolving Credit Facility Limit means, subject to Clauses 7.3 and 7.4, (pound)24,500,000.
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Revolving Credit Facility Limit means $90,000,000.
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Revolving Credit Facility Limit means, subject to Clause 8.5 (CANCELLATION), EURO 250,000,000.
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Revolving Credit Facility Limit means the maximum amount availed by Momentum to the Customer on credit, in the Customer’s Revolving Credit Facility Account for his/her utilisation; “Service” means the benefit(s) enjoyed by the Customer as a result of being able to access the approved funds under the Revolving Credit Facility as per this Agreement;
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