Maximum Credit definition

Maximum Credit means, at any time, (a) the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time minus (b) the aggregate amount of any Availability Reserve in effect at such time.
Maximum Credit means the amount of $25,000,000.
Maximum Credit means the amount of $110,000,000.

Examples of Maximum Credit in a sentence

  • The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the Commencement Date and the Investment Deadline.

  • Maximum Credit Limit – the lesser of the applicable % of TNW and the applicable credit limit cap as specified in Section 6.6 of this Agreement.


More Definitions of Maximum Credit

Maximum Credit set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:
Maximum Credit means the percentage listed below of the
Maximum Credit means the amount of $12,000,000.
Maximum Credit means the amount of $200,000,000, as such amount may be increased in accordance with Section 2.3 hereof or decreased in accordance with Section 2.4 hereof.
Maximum Credit means $75,000,000.
Maximum Credit means, at any time, the lesser of (i) the Maximum Revolver Amount in effect at such time and (ii) the Borrowing Base at such time.
Maximum Credit is set forth in Section 10.1(a) hereof.