Revolving Maximum Amount definition

Revolving Maximum Amount means, as of any date of determination, an amount equal to the Revolving Loan Commitment of all Lenders as of that date.

Revolving Maximum Amount means, as of any date of determination, an amount equal to the result of:

Revolving Maximum Amount means the lesser of the US Dollar Amount of the following: (a) the Revolving Commitment, and (b) the Borrowing Base, as determined at any time from time to time.

Examples of Revolving Maximum Amount in a sentence

• Additionally, the Class A Revolving Committed Lenders shall not be obligated to fund the amount of any excess of a requested Class A Revolving Loan over the Class A Revolving Maximum Amount.

• Notwithstanding the provisions of Section 2.01(a), the obligations of the Lender to make the Loans hereunder is expressly subject to the Lender having an availability of credit from its funding sources in an amount not less than the Revolving Maximum Amount, which funding sources permit the Lender to advance the Loans hereunder with the proceeds thereof.

• In the Marathon Industries example, the vendor chose to have items related to lamps supplied by the sub vendor.Next Steps:• If the chosen sub vendor may have complications fulfilling the demanded MWR, contact the sub-vendor, have them request a WICAP user account under their own CAGE Code, then, when you reach this step, enter their CAGE Code as the sub vendor.

• If at any time the aggregate balance of all Advances outstanding exceeds the Revolving Maximum Amount, within one (1) Business Day the Borrower shall prepay the Revolving Note so that the aggregate balance of all Advances under the Revolving Note do not exceed the Revolving Maximum Amount.

• The Lender will not fund a Loan Request if the aggregate total of all Advances will exceed the Revolving Maximum Amount.

More Definitions of Revolving Maximum Amount

Revolving Maximum Amount means Thirty-Five Million Dollars ($35,000,000), which such amount is permanently reduced to lower amounts by the greater of

Revolving Maximum Amount means Thirty-Five Million Dollars ($35,000,000), which such amount is permanently reduced to lower amounts by the greater of (y) the sum of (1) an amount equal to the aggregate net cash proceeds of all sales of Collateral pursuant to Section 5.4 (other than the last paragraph thereof), or as otherwise approved by Foothill, which occur after the exercise of the Reload Option; plus (2) 100% of Account collections, once the Term Note has been fully secured by cash; or (z) Thirty-Five Million Dollars ($35,000,000); provided that if Borrower has repaid in full or otherwise retired all PIK Notes by July 15, 2000, the amounts of the reductions under this clause (z) shall be $4,500,000 on the next following June 30 or December 31, whichever occurs first and by an additional $4,500,000 on each following June 30 and December 31 until the Revolving Maximum Amount is zero." Borrower shall only be permitted to exercise the Reload Option to purchase PIK Notes issued by Trails or to purchase the stock of AIC."

Revolving Maximum Amount means Twenty-Eight Million Four Hundred Thirty-Five Thousand Dollars ($28,435,000), which such amount is permanently reduced to lower amounts by the greater of (y) the sum of (1) an amount equal to the aggregate net cash proceeds of all sales of Collateral pursuant to Section 5.4 (other than the last paragraph thereof), or as otherwise approved by Foothill, which occur after June 10, 1998; plus (2) 100% of Account collections, once the Term Note has been fully secured by cash; or (z) the amount set forth below opposite the applicable date of reduction:

Revolving Maximum Amount means the following during the following time periods: (a) from the date hereof until October 27, 1995: the lesser of: (i) $13,320,000; and (ii) the Borrowing Base less $5,580,000; (b) from October 28, 1995 until November 10, 1995: the lesser of: (i) $13,320,000; and (ii) the Borrowing Base less $6,130,000; and (c) following November 10, 1995: the lesser of: (i) $13,320,000; and (ii) the Borrowing Base less $6,680,000.

Revolving Maximum Amount means Three Hundred Thousand Dollars ($300,000)

Revolving Maximum Amount means $5,000,000.

Revolving Maximum Amount means (a) Twenty Million Dollars ($20,000,000), ------------------------ which such amount is permanently reduced to lower amounts by the sum of: (i) commencing on June 1, 1997, and on the first day of each and every month thereafter, $150,000; and (ii) the greater of, (y) the sum of (1) an amount equal to the aggregate net cash proceeds of all sales of Collateral pursuant to Section 5.4 (other than the last paragraph thereof), or as otherwise approved by Foothill, which occur after May 17, 1997; plus (2) 100% of Account collections, once the Term Note has been fully secured by cash; or (z) the amount set forth below opposite the applicable date of reduction: On or after December 31, 1997 $ 3,750,000 On or after June 30, 1998 $ 7,500,000 On or after December 31, 1998 $11,250,000 On or after June 30, 1999 $15,000,000