Revolving Loan Amount definition

Revolving Loan Amount means the sum of Fifty-Eight Million Dollars ($58,000,000), reducing to Forty-Eight Million Dollars ($48,000,000), effective on January 1, 2001; and reducing further to Forty-Three Million Dollars ($43,000,000), effective on January 1, 2002.

Revolving Loan Amount has the meaning ascribed to such term in the recitals hereto.

Revolving Loan Amount. An amount which shall not at any time be greater than (i) Four Hundred Million Dollars ($400,000,000) for the period November 3, 2006 to June 1, 2007, or (ii) Three Hundred Million Dollars ($300,000,000) at all other times, as determined from time to time according to the terms of this Agreement.

Examples of Revolving Loan Amount in a sentence

• Except as otherwise provided herein, no Lender shall have any obligation to make a Revolving Advance to the extent such Revolving Advance would cause the Revolving Loan (after giving effect to any immediate application of the proceeds thereof) to exceed the Maximum Revolving Loan Amount.

• Except as otherwise provided herein no Lender shall have any obligation to make an advance under this subsection 2.1(A) to the extent such advance would cause the Revolving Loan (after giving effect to any immediate application of the proceeds thereof) to exceed the Maximum Revolving Loan Amount.

• In the event the Maximum Revolving Loan Amount is increased in accordance with Section 2.14 hereof, Agent may retain (for the benefit of Lenders) from the next Revolving Advance made to Borrower, any Increase OID required to be paid in accordance with Section 3.5(b) or (c) hereof from the Revolving Loan Advance(s) following such increase.

• The Confirmation shall specify the Allocated Revolving Loan Amount for the related Eligible Asset and any additional terms or conditions of the related Revolving Loan not inconsistent with this Agreement.

• At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.

More Definitions of Revolving Loan Amount

Revolving Loan Amount. Seven Million Five Hundred Thousand and 00/100 Dollars ($7,500,000.00).

Revolving Loan Amount shall have the meaning ascribed to such term in Section 2.1. “Revolving Note” means the Senior Secured Revolving Promissory Note in the Revolving Loan Amount due on the Maturity Date issued by the Company to the Lender hereunder, in the form of Exhibit A-1. “Rule 144” means Rule 144 promulgated by the Securities and Exchange Commission pursuant to the Securities Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the Securities and Exchange Commission having substantially the same effect as such Rule. “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

Revolving Loan Amount means the sum of the Revolving Commitments, which amount initially is One Billion One Hundred Million and 00/100 Dollars ($1,100,000,000) (as adjusted pursuant to Sections 2.11(e) and 9.17).

Revolving Loan Amount definition, set forth in Section 1.1 of the Credit Agreement, is hereby deleted, and the following revised definition of "Revolving Loan Amount" is set forth in lieu thereof:

Revolving Loan Amount is set forth in lieu thereof:

Revolving Loan Amount means Thirty-Five Million and 00/100 Dollars ($35,000,000.00).

Revolving Loan Amount means, as of the Fifth Modification Effective Date, the amount of up to FORTY MILLION AND NO/100 DOLLARS ($40,000,000.00), plus any sum in addition thereto advanced under the Revolving Loan by Lender in accordance with the Loan Documents or otherwise pursuant to a request by Borrower, in each case in Lender’s sole and absolute discretion, to be disbursed pursuant to the terms and conditions of this Agreement; provided, however, that the Revolving Loan Amount shall be permanently and automatically reduced by the amount of any Term Out Loan Advance without any action of the Borrower or Lender upon the conversion of any amounts outstanding under the Revolving Loan into a Term Out Loan Advance in accordance with Section 2.1(c).