Revolving Credit Limit definition

Revolving Credit Limit means, as of any date of determination, the aggregate amount of the Revolving Credit Commitments as of such date.

Revolving Credit Limit has the meaning set forth in the Schedule.

Revolving Credit Limit means the lesser of (a) the Revolving Committed Amount and (b) the Borrowing Base.

Examples of Revolving Credit Limit in a sentence

• Borrower acknowledges and agrees that on and after the Effective Date of this Amendment the Facility Fee shall be calculated based on the Revolving Credit Limit as amended by the terms hereof.

• As a condition precedent to the effectiveness of this Amendment and specifically Lender’s increase of the Revolving Credit Limit, on or before the date of this Amendment Borrower shall execute and deliver to Lender an Amended and Restated Revolving Credit Note in form and content acceptable to Lender in Lender’s sole discretion.

• The Borrowers shall from time to time prepay first, the Swing Line Loans, and second, the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Credit Commitments shall not at any time exceed the Revolving Credit Limit then in effect (other than to the extent such excess is due to currency fluctuations, which shall be governed by Section 2.28).

• If, on any day, the Total Utilization of Revolving Credit Commitments exceeds the Revolving Credit Limit then in effect the Borrower shall prepay on such day the principal of Revolving Loans in an amount equal to such excess.

• The researcher opted for the quantitative survey so as to gain an understanding of the overall picture with regards to integrated security systems in media organizations (Zilkmund, Babbin and Carr, 2014).

More Definitions of Revolving Credit Limit

Revolving Credit Limit means Three Million and No/100 Dollars ($3,000,000.00).

Revolving Credit Limit means the maximum amount of the sum of the principal balance of one or more credit facilities referred to in the preceding paragraph that we may provide to you on a continuous and revolving basis during the credit period. The one-off line of credit refers to the cumulative amount of each type of credit business provided by Party A for Party B during the credit period shall not exceed the amount of the one-off line of credit approved by Party A. Party B shall not recycle the one-off credit line, and the corresponding amount of multiple credit operations applied for by Party B shall occupy the one-off credit line amount until the accumulated amount is full.

Revolving Credit Limit means $10,000,000.

Revolving Credit Limit means the amount of (i) Fifty-Five Million Dollars ($55,000,000) for the period commencing on June 15, 1998 through and including June 30, 1999 and (ii) Fifty Million Dollars ($50,000,000) for the period commencing on June 30, 1999 until the last day of the Contract Term. Upon such reduction date, the respective Commitments of each Lender shall be reduced proportionately based upon their respective Commitments Percentages immediately prior to the effectiveness of such reduction of the Revolving Credit Limit.

Revolving Credit Limit means the sum of $8,000,000.

Revolving Credit Limit has the meaning specified in Section 3.01.

Revolving Credit Limit means the amount of $30,000,000.00.