Total Facility Limit definition

Total Facility Limit means the facility limit applicable to the aggregate amount of all the individual Facilities as set out in Schedule 1 (The Facility/ies) of the Facility Letter.
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Total Facility Limit. One Hundred Million Dollars ($100,000,000).
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Total Facility Limit means £111,000,000;
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Examples of Total Facility Limit in a sentence

  • The Parties agree that such Unused Line Fee constitutes reasonable consideration for Administrative Agents’ taking of appropriate actions to be able to make available to Reseller the amount of the Total Facility Limit for such period.

  • Notwithstanding anything contained in this Agreement to the contrary, at no time may the Aggregate Floorplan Loans, Interim Floorplan Loans, unfunded Approvals, Aggregate Revolving Loans (including Extended Pay Outstandings), Swingline Loans and the Letter of Credit Exposure exceed the Total Facility Limit, except as permitted in Section 3.2.10.

  • The outstanding amount of the Company and the Branch at any time will not exceed the Total Facility Limit.

  • Reseller shall pay to Administrative Agents for the account of each Lender with a Revolving Loan Facility a closing fee for the period from the date hereof through the Termination Date (the “Closing Fee”) in an amount equal to the sum of 0.50% multiplied by the amount of such Lender’s Pro-Rata Share of the Total Facility Limit in effect on such date.

  • Notwithstanding any provision to the contrary, the Purchaser shall however remain free to decide, in its entire discretion whether to accept or not an increase of the Total Facility Limit up to the proposed New Facility Limit.


More Definitions of Total Facility Limit

Total Facility Limit has the meaning given to that term in the Syndicated Facilities Agreement.
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Total Facility Limit. The total approved amount of all facilities shall not exceed USD $8,020,000.00 at any time. Facility Authorization: $8,000,000.00 USD (Previously $5,000,000.00) Type of Loan: Operating Demand Loan Purpose: Operating Financing
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Total Facility Limit means $10,000,000.
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Total Facility Limit means the aggregate of the Facility Limit and the FAI Facility Limit.
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Total Facility Limit. The total approved amount of all facilities shall not exceed $6,850,000.00 at any time.
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Total Facility Limit. The total approved amount of all facilities shall not exceed USD $5,020,000.00 at any time. Facility Authorization: $5,000,000.00 USD (Previously $3,000,000.00) Type of Loan: Operating Demand Loan Purpose: Operating Financing Interest Rate: US Base Rate plus 1.50%. Interest is calculated monthly in arrears, and payable monthly on the last day of each month. The US Base Rate in effect as of December 21st 2018 is 6.00%. Repayments: Repayable on demand Facility Fee(s): $945.00 per month. This is the fee for the loan and does not include other account fees. Refer to our Better Banking Guide for other applicable fees.
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Total Facility Limit means the collective limit of the revolving loan facility limit and the operating lease facility limit.
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