Warehousing Credit Limit definition

Warehousing Credit Limit means the sum of the Warehousing Commitment Amounts of all of the Lenders.

Warehousing Credit Limit set forth in Section 12.1 of the Credit Facility Agreement is hereby deleted and replaced with the following:

Warehousing Credit Limit means Four Hundred Fifty Million Dollars ($450,000,000); provided, however upon Borrower’s written request, Lender may, in its sole discretion, increase the Warehousing Commitment.

Examples of Warehousing Credit Limit in a sentence

• Borrower’s notice shall indicate (i) the amount of the incremental increase of the Standard Warehousing Credit Limit and (ii) the effective date for the increase of the Standard Warehousing Credit Limit.

• In addition, because of the advantages of aggregation, the price of electricity produced by renewable sources is often less than residents and businesses can find on their own.

• Provided such incremental increase is approved by Lender, said incremental increase of the Standard Warehousing Credit Limit shall remain in effect for a period of forty-five (45) days following such effective date.

• Borrower’s notice shall indicate (i) the amount of the increase of the Maximum Warehousing Credit Limit (the “Bulge Increase Amount”), and (ii) the effective date for the increase of the Maximum Warehousing Credit Limit.

• The total aggregate principal amount of all Warehousing Advances and Swingline Advances outstanding at any one time may not exceed the Warehousing Credit Limit.

More Definitions of Warehousing Credit Limit

Warehousing Credit Limit means Six Hundred Fifty Million Dollars ($650,000,000); provided, however, that from and after the date of the Sixth Amendment, it shall be temporarily increased to One Billion Nine Hundred Million Dollars ($1,900,000,000) and such increase shall remain in effect for a period of fifty four (54) days.’

Warehousing Credit Limit means either the Standard Warehousing Credit Limit or the Maximum Warehousing Credit Limit, as applicable.

Warehousing Credit Limit means the sum of the Warehousing Commitment Amounts of all of the Lenders. The initial Warehousing Credit Limit is $250,000,000.

Warehousing Credit Limit means Six Hundred Fifty Million Dollars ($650,000,000).

Warehousing Credit Limit means $150,000,000.00.”

Warehousing Credit Limit means either the Standard Warehousing Credit Limit or the Maximum Warehousing Credit Limit, as applicable, subject however, to a temporary increase to Two Billion Five Hundred Sixty Six Million Dollars ($2,566,000,000) in accordance with the terms of the second paragraph of Section 3.13 hereof.’

Warehousing Credit Limit means (a) for the period from the Effective Date to, but not including, the Credit Limit Determination Date, $500,000,000.00, and (b) from (and including) and after the Credit Limit Determination Date, an amount equal to the sum of (i) the Bank of America Sell Down Date Warehousing Commitment Amount, and (ii) the TD Warehousing Commitment Amount. From (and including) and after the Credit Limit Determination Date, the Warehousing Credit Limit shall not be less than $425,000,000, or greater than $625,000,000.