Senior Revolving Commitment Amount definition
Senior Revolving Commitment Amount means the aggregate principal amount of the Senior Revolving Commitments from time to time. On the Fourth Amendment Effective Date, the Senior Revolving Commitment Amount is $67,500,000.
Senior Revolving Commitment Amount in their entirety with the following definitions:
Examples of Senior Revolving Commitment Amount in a sentence
If after giving effect to prepayment of all Loans, the Senior Revolving Credit Exposure of all Lenders exceeds the Senior Revolving Commitment Amount, the Borrower shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Issuing Bank and the Lenders, an amount in cash equal to such excess plus any accrued and unpaid fees thereon to be held as collateral for the LC Exposure.