Revolving Credit Facility Limit definition
Examples of Revolving Credit Facility Limit in a sentence
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...........................
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).
In the event that the tax costs from the transaction referenced in the Sixth Amendment are less than $630,000.00, the $9,500,000.00 total Revolving Credit Facility Limit shall be permanently reduced dollar for dollar, by the difference between $630,000.00 and the actual taxes owing and relating to that transaction.
Column 1 Column 2 -------- -------- (Amount of Reduction) (Date) --------------------- ------ (pound)5,000,000 45th day after notice given to Borrower (pound)5,000,000 90th day after notice given to Borrower Amount of the Revolving Credit Facility Limit 120th day after notice given to Borrower For the avoidance of doubt, Clause 9.1.2 shall apply in respect of any such cancellation.