Examples of Total Revolving Loan Commitment Amount in a sentence
If at any time the outstanding balances of the Revolving Loans exceed the lesser of (A) the Total Revolving Loan Commitment Amount and (B) the Borrowing Base (less, in each of case (A) and (B), Reserves at such time), Borrower shall immediately repay the aggregate outstanding Revolving Loans to the extent required to eliminate such excess.
Evidence that the increase of the Total Revolving Loan Commitment Amount has been consented to by the banks under the Loan and Security Agreement of 13 July 1999, as amended.
If at any time the outstanding balances of the Revolving Loans exceed the lesser of (A) the Total Revolving Loan Commitment Amount and (B) the Borrowing Base at such time (less, in each of case (A) and (B), Reserves at such time), Borrower shall immediately repay the aggregate outstanding Revolving Loans to the extent required to eliminate such excess.
No reduction of the Total Revolving Loan Commitment Amount shall be subject to reinstatement.
Subject to Section 2.2, each -------------------------- Lender shall make a loan to Borrower, on a revolving basis (collectively, the "Revolving Loans"), from time to time through the Revolving Credit Termination Date, to the extent of such Lender's Percentage of the aggregate amount requested by Borrower from all Lenders in accordance with this Agreement; provided however that the aggregate of all Revolving Loans outstanding shall at no time exceed the Total Revolving Loan Commitment Amount.
Borrower shall pay to the Administrative Agent for the account of the Lenders having a Revolving Loan Commitment during the Revolving Credit Period a facility fee (the "Facility Fee") computed at the rate of .375% per annum on the average daily amount of the Unused Total Revolving Loan Commitment Amount in effect during the period for which payment is made.
In the event of any prepayments of Revolving Loans, such amounts prepaid may be reborrowed hereunder to the extent outstanding amounts hereunder shall not exceed the Total Revolving Loan Commitment Amount or such lesser amount as required pursuant to Section 5.13 at such time and Term Loan repaid may not be reborrowed.
Subject to Section 2.2, each --------------------------- Lender shall make a loan to Borrower, on a revolving basis (collectively, the "Revolving Loans"), from time to time through the Revolving Credit Termination Date, to the extent of such Lender's Percentage of the aggregate amount requested by Borrower from all Lenders in accordance with this Agreement; provided however that the aggregate of all Revolving Loans outstanding shall at no time exceed the Total Revolving Loan Commitment Amount.
Borrower may from time to time, by written notice delivered to the Administrative Agent at least five (5) Business Days prior to the date of the requested reduction, reduce the Unused Total Revolving Loan Commitment Amount by integral multiples of ONE MILLION AND NO/100 DOLLARS ($1,000,000.00).