Total Credit Facility definition

Total Credit Facility means the aggregate Commitments of the Lenders of $420,000,000 (as adjusted from time to time based on changes to the aggregate Commitments pursuant to the terms of this Agreement).

Total Credit Facility means the aggregate Commitments of the Lenders of $640,000,000 (as adjusted from time to time based on changes to the aggregate Commitments pursuant to the terms of this Agreement).

Total Credit Facility. US$350,000,000, as reduced or increased from time to time pursuant to the terms of the Agreement.

Examples of Total Credit Facility in a sentence

• On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facility for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facility Exposure exceed the Total Credit Facility Amount, or (ii) the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.

• The Lenders, however, in their unanimous discretion, may elect to make Revolving Loans in excess of the Availability on one or more occasions, but if they do so, neither the Agent nor the Lenders shall be deemed thereby to have changed the limits of the Total Credit Facility or the Availability or to be obligated to exceed such limits on any other occasion, subject to the Agent’s authority, in its discretion, to make Agent Advances pursuant to the terms of Section 2.2(i).

• Borrowers agree to pay, on the 1st day of each month and on the Maturity Date, to Agent, for the account of Lenders, in accordance with their respective Pro Rata Shares, an unused line fee (the “Unused Line Fee”) at the rate of the applicable Unused Line Fee Percentage based on the result of (i) the Total Credit Facility minus (ii) the average daily Credit Facility Exposure during the immediately preceding month.

• The Total Credit Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit up to the Availability, as described in Section 2.2.

• Agent has the right at any time, and from time to time, in its Permitted Discretion (but without any obligation), to establish Reserves against the Availability or, if greater, the Total Credit Facility, in such amounts as it may deem appropriate in its Permitted Discretion.

More Definitions of Total Credit Facility

Total Credit Facility prior to the expiration of the Term Loan Draw Period, $40,000,000 and thereafter, the sum of the Revolving Credit Maximum Amount and the Term Loan Advances outstanding, as increased or reduced from time to time pursuant to the terms hereof.

Total Credit Facility means (i) $130,000,000.00 from the date hereof through and including November 14, 2007; (ii) $145,000,000.00 from November 15, 2007 through and including February 29, 2008 and (iii) $130,000,000.00 from March 1, 2008 through and including the Maturity Date.”

Total Credit Facility the lesser of One Hundred Million Dollars ($100,000,000) or the aggregate amount of Revolving Loan Commitments of all Lenders, as such amount may be increased pursuant to Section 2.13.

Total Credit Facility means the sum of $13,500,000.

Total Credit Facility means the sum of $13,500,000.00.

Total Credit Facility means the sum of $33,500,000, as such amount may be decreased in accordance with the terms of this Agreement.

Total Credit Facility means the sum of $16,000,000.