Revolving Credit Facility Limit definition

Revolving Credit Facility Limit means, at any time, the amount equal to (a) the Maximum Credit minus (b) the then outstanding Obligations arising pursuant to the Supplemental Loans.
Revolving Credit Facility Limit means the maximum amount availed by Momentum to the Customer on credit, in the Customer’s Revolving Credit Facility Account for his/her utilisation; “Service” means the benefit(s) enjoyed by the Customer as a result of being able to access the approved funds under the Revolving Credit Facility as per this Agreement;
Revolving Credit Facility Limit means the maximum amount availed by PCUL to the Customer on credit, in the Customer’s Revolving Credit Facility Account for his/her utilization;

Examples of Revolving Credit Facility Limit in a sentence

  • Credit Facility before availment of the Revolving Credit Facility Limit and access of the Revolving Credit Facility funds by the Customer shall be communicated in writing through the email to xx@xxxxxxxxxxxxxx.xx.xx or by an official letter to Momentum and shall not attract any charges or costs.


More Definitions of Revolving Credit Facility Limit

Revolving Credit Facility Limit means Eighteen Million Dollars ($18,000,000.00).
Revolving Credit Facility Limit means, subject to Clause 9,(pound)13,000,000.
Revolving Credit Facility Limit means, subject to Clause 8.5 (CANCELLATION), EURO 250,000,000.
Revolving Credit Facility Limit means $87,000,000 from the date of Amendment No. 6 through the later of the repayment of $3,350,000 in respect of the Obligations arising pursuant to the Supplemental Loans (including without, limitation, principal, interest, fees, costs, expenses and other charges in respect thereof payable by Borrower to Lenders) or May 1, 2000, and shall mean $90,000,000, thereafter, EXCEPT, THAT, such limit may be further reduced at any time by an amount equal to the amount of any reduction in the Maximum Credit in accordance with Section 1.1(o) of Amendment No. 6.
Revolving Credit Facility Limit means Ten Million Dollars ($10,000,000.00).”
Revolving Credit Facility Limit means, subject to Clause 9.12 (CANCELLATION OF REVOLVING CREDIT FACILITY), US$7,500,000. "REVOLVING LOAN" means, at any time, all Revolving Advances at that time.
Revolving Credit Facility Limit means, subject to Clause 7.15 (Cancellation of Revolving Credit Facility), Euro 100,000,000.