Revolving Purchase Limit definition

Revolving Purchase Limit means the sum of the Revolving Insured Purchase Limit and the Revolving Uninsured Purchase Limit.
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Revolving Purchase Limit means at any time, $100,000,000, (or such ------------------------ other amount as shall be agreed to in writing by the Revolving Purchaser, the Program Administrator, and the Seller) less the outstanding principal amount of Revolving Purchaser Warehouse Funding Debt; provided, that on and after the -------- Revolving Purchase Termination Date, the Revolving Purchase Limit shall be deemed to be zero for all purposes.
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Revolving Purchase Limit means $100,000,000, or such other amount as ------------------------ shall be agreed to in writing by the Revolving Purchaser, the Program Administrator and the Seller.
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Examples of Revolving Purchase Limit in a sentence

  • Additional and Replacement Purchasers, Increase in Revolving Purchase Limit 14 Section 1.13.

  • Immediately after giving effect to ------------------------ such Purchase, the Revolving Purchase Limit shall be equal to or greater than zero.

  • Any increase requested Receivables Purchase Agreement pursuant to this Section 2.12 shall be allocated as a pro rata increase in the Maximum Term Purchase Limit and the Maximum Revolving Purchase Limit (based upon the principal balance of the Maximum Term Purchase Limit and the Maximum Revolving Purchase Limit as of the related “Increase Effective Date” as defined below).


More Definitions of Revolving Purchase Limit

Revolving Purchase Limit means the least of (a) $500,000,000, as such amount may be reduced pursuant to SECTION 1.1(b), (b) the amount that [ * ] and (c) [ * ] PROVIDED, HOWEVER, that if any Revolving Purchaser agrees to increase its Maximum Purchase Amount pursuant to the definition thereof or if, in compliance with SECTION 1.12, any new Revolving Purchaser becomes an additional party hereto, clause (a) above [ * ], as * TEXT HAS BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT applicable, and [ * ]
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Revolving Purchase Limit means the least of (a) $500,000,000, as such amount may be reduced pursuant to SECTION 1.1(b), (b) the amount that [ * ] and (c) [ * ] PROVIDED, HOWEVER, that if any Revolving Purchaser agrees to increase its Maximum Purchase Amount pursuant to the definition thereof or if, in compliance with SECTION 1.12, any new Revolving Purchaser becomes an additional party hereto, clause (a) above [ * ], as
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Related to Revolving Purchase Limit

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Optional Purchase Percentage means 5%.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standard Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Aggregate Revolving Exposure means, at any time, the aggregate Revolving Exposure of all the Lenders at such time.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.