Revolving Loan Sublimit definition

Revolving Loan Sublimit. $275,000,000.
Revolving Loan Sublimit means, as of any date of determination, the lesser of (a) $20,000,000 and (b) the Availability as of such date.
Revolving Loan Sublimit means One Million Five Hundred Thousand and 00/100 Dollars ($1,500,000.00).

Examples of Revolving Loan Sublimit in a sentence

  • Borrowers acknowledge and agree that after giving effect to any Fixed Asset Loan made under the Fixed Asset Revolving Loan Sublimit, the aggregate outstanding amount of such loans shall reduce the Aggregate Commitments for Fixed Asset Loans to be made available to Borrowers on a dollar-for-dollar basis.

  • Section 2.4 of the Credit Agreement is hereby amended by inserting “(x) does not exceed the amount of such Lender’s Revolving Percentage of the Revolving Loan Sublimit and (y)” after “at any time outstanding which,”.

  • Within the limits of each Lender’s Commitment for Fixed Asset Loans, and subject to the other terms and conditions hereof, Borrowers may borrow and reborrow under the Fixed Asset Revolving Loan Sublimit without payment of any penalty or premium until the expiration of the Fixed Asset Revolving Loan Advance Period.

  • Section 2.6 of the Credit Agreement is hereby amended by inserting “(x) the aggregate principal amount of Swingline Loans and Revolving Loans then outstanding would exceed the Revolving Loan Sublimit or (y)” after “after giving effect to the making of such Swingline Loan,”.

  • Primary Alternate Currency Revolving Loan Sublimit is part of, and not in addition to, the Total Revolving Loan Commitment.


More Definitions of Revolving Loan Sublimit

Revolving Loan Sublimit means $100,000,000, or, if less, the Total Commitments at the time of determination, as such amount may be reduced at or prior to such time pursuant to the terms hereof.
Revolving Loan Sublimit means $25,000,000 less (a) the aggregate amount of the Letter of Credit Exposure related to Financial Letters of Credit and Documentary Letters of Credit and (b) the aggregate amount of LC Advances.
Revolving Loan Sublimit means, the Commitment then in effect minus the outstanding balance under the Revolving Loan.
Revolving Loan Sublimit means, as of any date of determination, the lesser of (a) (i) $30,000,000 minus (ii) the Foreign Revolving Exposure and (b) the sum of (i) the lesser of (A) the Revolving Commitment for Loans (excluding Foreign Loans) and the (B) Borrowing Base for Eligible Receivables (less the Foreign Revolving Exposure) plus (ii) cash held in an account with Administrative Agent which account is subject to an account control agreement in favor of Administrative Agent minus (iii) the Domestic Revolving Exposure of all Revolving Lenders.”
Revolving Loan Sublimit has the meaning specified in Section 2.1 (The Commitments).
Revolving Loan Sublimit means $12,000,000.00, or such lesser amount as ----------------------- the Borrower may request pursuant to Section 6.1. ----------- "Revolving Note" - see Section 4.1. -------------- -----------
Revolving Loan Sublimit as of any date of determination the lesser ----------------------- of (i) the Revolving Credit Commitments then in effect and (ii) $200,000,000.