Examples of Revolving Loan Maximum Amount in a sentence
If the Revolving Loan Maximum Amount is increased in accordance with this Section 2.9, the Agent and the Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.
For purposes of this Section 2.1(c), (x) the aggregate principal amount of all Overadvances shall not exceed $500,000 at any time; and (y) no Overadvance shall cause the aggregate principal amount of all Revolving Loans to exceed the Revolving Loan Maximum Amount.
If at any time the Three-Year Revolving Loan exceeds the Three-Year Revolving Loan Maximum Amount of Credit, the Borrower shall within one Banking Day pay the amount of such excess to the Administrative Agent as a prepayment of the Three-Year Revolving Loan.
Any Increase in the Aggregate Commitment shall also constitute an increase in the Revolving Loan Maximum Amount by a like amount.
If at any time the 364-Day Revolving Loan exceeds the 364-Day Revolving Loan Maximum Amount of Credit, the Borrower shall within one Banking Day pay the amount of such excess to the Administrative Agent as a prepayment of the 364-Day Revolving Loan.