Total Credit definition

Total Credit means $38,150,000.
Total Credit means, at any time, the sum of (a) the Total Revolving Loan Commitment at such time, and (b) the Total Term Loan Commitment at such time or, if the Term Loans have been made prior to such time, the aggregate principal amount of all Term Loans outstanding at such time.
Total Credit means $21,000,000.

Examples of Total Credit in a sentence

  • Any Lender not responding within such time period shall be deemed to have declined to increase its Total Credit Exposure.

  • Each Lender may decline or elect to participate in such requested increase in the Total Credit Exposure of all Lenders in its sole discretion, and each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase its Total Credit Exposure and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.

  • If the Total Credit Exposure of any Lenders is increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.

  • Each Lender shall notify Administrative Agent within such time period whether or not it agrees to increase its Total Credit Exposure and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.

  • Your initial Total Credit Limit and Cash Advance Limit are shown on the folded mailer containing your Card, or on the approval notice.


More Definitions of Total Credit

Total Credit means the total of credit under this Part and any credit to be allowed to a person for the same year of assessment under arrangements having effect under Article 111; and
Total Credit. Facility shall mean $100,000,000. ---------------------
Total Credit means, initially, Sixteen Million Dollars ($16,000,000), as may be reduced from time to time pursuant to Section 2.14, and also reduced by One Million Five Hundred Thousand Dollars ($1,500,000) effective August 1, 2002, if the Consolidated Adjusted Net Income for the most recent fiscal year is less than Two Million Dollars ($2,000,000).
Total Credit means $43,829,000.
Total Credit shall have the meaning set forth in Section 3.
Total Credit. Facility shall mean (a) $170,000,000 prior to --------------------- January 1, 1996, and (b) $150,000,000 on and after January 1, 1996."
Total Credit. Facility shall mean (a) $295,000,000 from September --------------------- 30, 1996 to and including December 14, 1996, and (b) $250,000,000 at all times thereafter." SECTION TWO - CONDITIONS PRECEDENT TO AMENDMENTS -----------------------------------------------