Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means the lesser of (a) $300,000,000 or (b) the amount (in an integral multiple of $1,000,000 equal to or greater than $10,000,000) to which the then applicable amount set forth in clause (a) shall have been irrevocably reduced from time to time by notice from the Company to the Agent.
Maximum Amount of Revolving Credit. The term "MAXIMUM AMOUNT OF REVOLVING CREDIT" means on any date, the lesser of (a) $200,000,000, or (b) the amount (in an integral multiple of $1,000,000) to which the then applicable amount shall have been irrevocably reduced from time to time by notice from the Company to the Agent.
Maximum Amount of Revolving Credit. The term "Maximum ---------------------------------- ------- Amount of Revolving Credit" means, on any date, the lesser of (a) (i) the -------------------------- amount specified opposite such date in the table below: Period Amount ------ ------ Prior to August 31, 2000.......... $75,000,000 August 31, 2000 through November 29, 2000................ $72,187,500 -27- November 30, 2000 through February 27, 2001................ $69,375,000 February 28, 2001 through May 30, 2001..................... $66,562,500 May 31, 2001 through August 30, 2001.................. $63,750,000 August 31, 2001 through November 29, 2001................ $60,000,000 November 30, 2001 through February 27, 2002................ $56,250,000 February 28, 2002 through May 30, 2002..................... $52,500,000 May 31, 2002 through August 30, 2002.................. $48,750,000 August 31, 2002 through November 29, 2002................ $45,000,000 November 30, 2002 through February 27, 2003................ $41,250,000 February 28, 2003 through May 30, 2003..................... $37,500,000 May 31, 2003 through August 30, 2003.................. $33,750,000 August 31, 2003 through November 29, 2003................ $30,000,000 November 30, 2003 through February 28, 2004................ $26,250,000 February 29, 2004 through May 30, 2004..................... $22,500,000 May 31, 2004 through -28- August 30, 2004.................. $18,750,000 August 31, 2004 through November 29, 2004................ $14,062,500 November 30, 2004 through February 27, 2005................ $ 9,375,000 February 28, 2005 through April 24, 2005................... $ 4,687,500 Final Maturity Date............... $ 0 minus (ii) Net Asset Sale Proceeds described in Section 4.2.3, Net Debt ----- Proceeds described in Section 4.2.4 and Net Equity Proceeds described in Section 4.2.5, in each case to the extent allocable to the Revolving Loan in accordance with Section 4.5.2, minus (iii) the amount of Consolidated ----- Excess Cash Flow described from time to time in Section 4.2.2 to the extent allocable to the Revolving Loan in accordance with Section 4.5.2, or (b) the amount (in an integral multiple of $1,000,000) to which the then applicable amount set forth in such table shall have been irrevocably reduced from time to time by notice from the U.S. Borrower to the Agent. The U.S. Borrower shall not give a notice reducing the amount applicable to any period in the table above unless it shall also reduce the amounts applicabl...
Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means, on any date, the lesser of (a) $82,500,000 or such higher amount as may be established pursuant to the last sentence of this Section 2.1.2, up to $125,000,000, as equals the aggregate amount of Commitments then in effect, minus the aggregate of all Net Asset Sale Proceeds, Net Debt Proceeds or Net Equity Proceeds required to be prepaid in accordance with Section 4.1.2, or (b) the amount (in an integral multiple of $1,000,000) to which the then applicable amount shall have been irrevocably reduced from time to time by notice from the Company to the Agent. Unless a Default or Event of Default has occurred and is continuing, the Borrower may request that the Maximum Amount of Revolving Credit be increased, provided that the Maximum Amount of Revolving Credit shall not in any event exceed One Hundred Twenty-Five Million Dollars ($125,000,000) minus the aggregate of all required prepayments made pursuant to Section 4.1.2 and minus all amounts by which the Company shall have irrevocably reduced the Maximum Amount of Revolving Credit by notice to the Agent from time to time pursuant to clause (b) of the preceding sentence, provided, however, that (i) any Lender which is a party to this Agreement prior to such increase shall have the first option, and may elect, to fund its pro rata share of the increase, thereby increasing its Commitment hereunder, but no Lender shall have any obligation to do so, (ii) in the event that it becomes necessary to include a new Lender to provide additional funding under this 2.1.2, such new Lender must be reasonably acceptable to the Agent and the Borrower, and (iii) the Lenders' Percentage Interests shall be correspondingly adjusted, as necessary, to reflect any increase in the Maximum Amount of Revolving Credit and the Register shall be amended to reflect such adjustments.
Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means $25,000,000 minus Net Asset Sale Proceeds required to be prepaid pursuant to Section 4.5 hereof.
Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means, on any date, the lesser of (a) (i) the amount specified opposite such date in the table below: Period Amount ------ ------ Through December 31, 1999 $35,000,000 January 1, 2000 through March 31, 2000 $31,500,000 April 1, 2000 through June 30, 2000 $28,000,000 July 1, 2000 through September 30, 2000 $24,500,000 October 1, 2000 through December 31, 2000 $21,000,000 January 1, 2001 through Final Maturity Date $17,500,000 Final Maturity Date Zero minus (ii) Net Asset Sale Proceeds described in Section 4.2.2, Net Debt Proceeds described in Section 4.2.3 and Net Equity Proceeds described in Section 4.2.4, or (b) the amount (in an integral multiple of $100,000) to which the amount set forth in clause (a)(i) above shall have been irrevocably reduced from time to time by at least five Banking Days notice from the Company to the Agent. For purposes of computing the Maximum Amount of Revolving Credit and calculating the amount of each loan made pursuant to Sections 2.1 and 2.2, advances in a Foreign Currency shall be deemed to remain at the Equivalent Amount of United States Funds determined by currency exchange rates on the date of such advance until such advance is repaid (on a first advanced, first repaid method of calculation).
Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means, on any date specified in the table below, the lesser of (a) (i) the amount specified opposite such period in such table: Period Amount ------ ------ Prior to January 1, 1999 . . . . . . . . . . . . . . . $23,000,000 January 1, 1999 through March 30, 1999 . . . . . . . . . . . . . . . . . . . $22,425,000 March 31, 1999 through June 29, 1999 . . . . . . . . . . . . . . . . . . . $21,706,250 June 30, 1999 through September 29, 1999 . . . . . . . . . . . . . . . . . $20,987,500 September 30, 1999 through December 30, 1999 . . . . . . . . . . . . . . . . . $20,268,750 December 31, 1999 through March 30, 2000 . . . . . . . . . . . . . . . . . . . $19,550,000 March 31, 2000 through June 29, 2000 . . . . . . . . . . . . . . . . . . . $18,400,000 June 30, 2000 through September 29, 2000 . . . . . . . . . . . . . . . . . $17,250,000 September 30, 2000 through December 30, 2000 . . . . . . . . . . . . . . . . . $16,100,000 December 31, 2000 through March 30, 2001 . . . . . . . . . . . . . . . . . . . $14,950,000 March 31, 2001 through June 29, 2001 . . . . . . . . . . . . . . . . . . . $13,800,000 June 30, 2001 through September 29, 2001 . . . . . . . . . . . . . . . . . $12,650,000 September 30, 2001 through December 30, 2001 . . . . . . . . . . . . . . . . . $ 11,500,000 December 31, 2001 through March 30, 2002 . . . . . . . . . . . . . . . . . . . $10,350,000 March 31, 2002 through June 29, 2002 . . . . . . . . . . . . . . . . . . . $ 8,912,500 June 30, 2002 through September 29, 2002 . . . . . . . . . . . . . . . . . $ 7,475,000 September 30, 2002 through December 30, 2002 . . . . . . . . . . . . . . . . . $ 6,037,500 December 31, 2002 through March 30, 2003 . . . . . . . . . . . . . . . . . . . $ 4,600,000 March 31, 2003 through June 29, 2003 . . . . . . . . . . . . . . . . . . . $ 3,066,667 June 30, 2003 through September 29, 2003 . . . . . . . . . . . . . . . . . $ 1,533,333 Final Maturity Date . . . . . . . . . . . . . . . . . . - $ 0 - minus (ii) Net Asset Sale Proceeds described in Section 4.3.3 and allocated to the Revolving Loan under Section 4.6.2, Net Debt Proceeds described in Section 4.3.4 and allocated to the Revolving Loan under Section 4.6.2 and Net Equity Proceeds described in Section 4.3.5 and allocated to the Revolving Loan under Section 4.6.2, minus (iii) the portion of Consolidated Excess Cash Flow as described in Section 4.3.2 and -29- 37 allocated to the Revolving Loan under Section 4.6.2 ...
Maximum Amount of Revolving Credit. The term "Maximum Amount of Revolving Credit" means, on any date, the lesser of (a) (i) $5,000,000 minus (ii) to the extent not used to reduce Term Loan A, the Deferred Term Loan or Term Loan B in accordance with Section 4.3, Net Asset Sale Proceeds described in Section 4.3.3 and Net Equity Proceeds described in Section 4.3.4, minus (iii) to the extent not used to reduce Term Loan A, the Deferred Term Loan or Term Loan B in accordance with Section 4.3.2, 50% of Consolidated Excess Cash Flow, or (b) the amount (in an integral multiple of $100,000) to which the then applicable amount shall have been irrevocably reduced from time to time by notice from the Borrower to the Agent.
