Revolving Facility Limit definition

Revolving Facility Limit means the Base Facility Amount at such time, plus the Revolving Facility Margin Limit at such time, provided that such aggregate amount shall not at any time exceed the Maximum Revolving Facility Limit.”

Revolving Facility Limit means $5,000,000.

Revolving Facility Limit means $4,000,000.

Examples of Revolving Facility Limit in a sentence

• Such unused line fee constitutes reasonable consideration for Lender’s taking of appropriate actions to be able to make available to Borrowers the amount of the Revolving Facility Limit for such period.

• The attached Product Schedules relevant to your Facilities are: · Forward Exchange Contract · Documentary Import Letters of Credit/Surrendered Bills of Lading Revolving Facility Limit · Westpac Trade Finance - Imports · Banker's Undertaking · Standby Letter of Credit General Conditions Booklet version 3, dated 03/2003 (the "booklet") This booklet contains terms and conditions that apply to all borrowers.

• If at any time the aggregate principal amount of all Loan Advances outstanding (collectively, the “Total Exposure”) exceeds the Revolving Facility Limit at such time, then the Borrower will promptly repay such Loan Advances in cash by an amount required to reduce the Total Exposure to an amount less than or equal to the Revolving Facility Limit.

• For greater certainty, the Borrower shall be entitled to obtain Loan Advances under the Revolving Facility from time to time and repay all or any portion of the Loan Advances under the Revolving Facility from time to time and thereafter re-borrow Loan Advances from time to time; provided that the Borrower, acknowledges, covenants and agrees that the Total Exposure shall not at any time exceed the Revolving Facility Limit.

• This Agreement shall come into force as of Click here to enter a date.and shall continue to be valid until Click here to enter a date. for the completion of the Services.

More Definitions of Revolving Facility Limit

Revolving Facility Limit means $2,550,000.

Revolving Facility Limit means Ten Million Dollars ($10,000,000).

Revolving Facility Limit means Three Million Nine Hundred Thousand and No/100 Dollars ($3,900,000.00).

Revolving Facility Limit means $3,000,000. “Revolving Loan” has the meaning prescribed to such term in Section 2.1. “Roll-Up” means the “roll-up” of Prepetition Loans into Roll-Up Loans pursuant to the Orders. “Roll-Up Loans” has the meaning prescribed to such term in Section 2.3. “Sale and Leaseback Transaction” means, with respect to any Person, any arrangement, directly or indirectly, whereby such Person shall sell or transfer any property used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease from such Person, such property or other property that it intends to use for substantially the same purpose or purposes as the property being sold or transferred. “Sales Variance” has the meaning ascribed to such term in Section 8.3(b). “Sanction” or “Sanctions” means individually and collectively, respectively, any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and anti-terrorism laws, including but not limited to those imposed, administered or enforced from time to time by: (a) the United States of America, including those administered by the OFAC, the U.S. State Department, the U.S. Department of Commerce, or through any existing or future Executive Order, (b) DIP Loan and Security Agreement 0000-0000-0000 v.

Revolving Facility Limit contained in SECTION 1.1 of the Loan Agreement is hereby deleted in its entirety and replaced to read as follows:

Revolving Facility Limit means Three Million Two Hundred Fifty Thousand Dollars ($3,250,000)."

Revolving Facility Limit means $7,000,000.