Common use of MAXIMUM AMOUNT OF CREDIT Clause in Contracts

MAXIMUM AMOUNT OF CREDIT. The term “Maximum Amount of Credit” means $500,000,000, unless this amount is increased or reduced pursuant to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ch2m Hill Companies LTD)

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MAXIMUM AMOUNT OF CREDIT. The term “Maximum Amount of Credit” means $500,000,000250,000,000, unless this amount is increased or reduced pursuant to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitment.

Appears in 1 contract

Samples: Ch2m Hill Companies (Ch2m Hill Companies LTD)

MAXIMUM AMOUNT OF CREDIT. The term "Maximum Amount of Credit” means " means, on any date, the lesser of (a) $500,000,000, unless this 800,000 or (b) the amount is increased or (in an integral multiple of $10,000) to which the then applicable amount set forth in clause (a) above shall have been irrevocably reduced pursuant from time to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of time by notice from the Maximum Amount of Credit shall ratably reduce each Lender’s CommitmentCompany to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Geerlings & Wade Inc)

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MAXIMUM AMOUNT OF CREDIT. The term “As used herein, the "Maximum Amount of Credit” means " shall mean initially $500,000,000, unless this 10,000,000 and thereafter shall mean the amount is increased or reduced pursuant to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitmenthave been reduced as provided in Sections 2.4 and 2.5 hereof.

Appears in 1 contract

Samples: Credit Enhancement Agreement (Lasalle Hotel Properties)

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