Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolving Commitments previously made pursuant to Section 2.27 after the Closing Date.
Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $40,000,000 minus (b) the aggregate principal amount of Revolver Increases previously made, minus (c) the aggregate principal amount of all Additional Term Loans.
Available Revolving Increase Amount is hereby amended and restated in its entirety to read as follows:
Examples of Available Revolving Increase Amount in a sentence
Additionally, for the avoidance of doubt, it is understood and agreed that in no event shall the aggregate amount of the Increases to the Revolving Commitments exceed the Available Revolving Increase Amount during the term of the Agreement.
Any Increase shall be in an amount of at least $5,000,000 (or, if the Available Revolving Increase Amount is less than $5,000,000, such remaining Available Revolving Increase Amount) and integral multiples of $1,000,000 in excess thereof.
More Definitions of Available Revolving Increase Amount
Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $50,000,000 minus (b) the aggregate principal amount of Revolver Increases made after the Third Amendment Effective Date.”
Available Revolving Increase Amount is amended by adding “As of the Fourth Amendment Effective Date, the Available Revolving Increase Amount is $5,000,000.00” after the first sentence thereof.
Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $50,000,000 minus (b) the aggregate principal amount of Revolver Increases previously made.
Available Revolving Increase Amount in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the Increase in the aggregate amount of $15,000,000 effectuated on the Fourth Amendment Effective Date and minus (c) the aggregate principal amount of Increases to the Revolving Commitments previously made pursuant to Section 2.12 after the Fourth Amendment Effective Date.”
Available Revolving Increase Amount means, as of any date of determination, an amount equal to the result of (a) $10,000,000 minus (b) the aggregate principal amount of increases to the Revolving Credit Commitment previously made pursuant to Section 2.8. CREDIT AGREEMENT AMONG CIT FINANCE LLC, THE LENDERS, BROADVIEW NETWORKS HOLDINGS, AND CERTAIN SUBSIDIARIES
Available Revolving Increase Amount as of any date of determination, an amount equal to the result of (a) $130,000,000 minus (b) the aggregate principal amount of Increases to the Revolving Commitments previously made pursuant to Section 2.21, in each case incurred in accordance with this Agreement. “Available Tenor”: as of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if such Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant to this Agreement or (y) otherwise, any payment period for interest calculated with reference to such Benchmark (or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference to such Benchmark pursuant to this Agreement, in each case, as of such date and not including any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to Section 2.12(b)(iv). “Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.