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.
Total Facility Limit means £111,000,000;
Total Facility Limit. One Hundred Million Dollars ($100,000,000).

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.

  • For all other properties not covered by Section 4.1 or Section 4.2 an External Valuation is required, irrespective of the Trigger Event and/or the client’s Total Facility Limit.

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

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


More Definitions of Total Facility Limit

Total Facility Limit means the aggregate of the Facility Limit and the FAI Facility Limit.
Total Facility Limit means $10,000,000.
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
Total Facility Limit means the collective limit of the revolving loan facility limit and the operating lease facility limit.
Total Facility Limit has the meaning given to that term in the Syndicated Facilities Agreement.
Total Facility Limit. The total approved amount of all facilities shall not exceed $6,850,000.00 at any time.
Total Facility Limit means the aggregate Facility Limit for each of the Tranche A Facility, the Tranche B Facility and the Tranche C Facility.