Maximum Revolving Credit Amount. The Revolving Credit Obligations do not, and after making such proposed Advance or issuing such Letter of Credit would not, exceed the Maximum Revolving Credit Amount. Each Borrowing/Election Notice with respect to each such Advance and the letter of credit application with respect to each Letter of Credit shall constitute a representation and warranty by the Borrower that the conditions contained in Sections 5.2(A), (B) and (C) have been satisfied.
Maximum Revolving Credit Amount. At no time shall the sum of (a) the Syndicated Credit Obligations plus (b) the outstanding principal balance of all Competitive Bid Loans exceed the Aggregate Commitment.
Maximum Revolving Credit Amount. In the event the aggregate outstanding principal balance of the Revolving Credit Facility hereunder exceeds the Maximum Revolving Credit Amount, Borrower shall, without notice or demand of any kind, immediately pay Lender such amounts which are necessary to reduce the aggregate outstanding principal to an amount which is equal to or less than the Maximum Revolving Credit Amount
Maximum Revolving Credit Amount. Subject to Section 2.9(b), the aggregate sum of each Lender’s Revolving Credit Pro Rata Share, which in no event shall exceed in the aggregate:
Maximum Revolving Credit Amount. Subject to Section 2.9(b), the aggregate sum of each Lender’s Revolving Credit Pro Rata Share, which in no event shall exceed in the aggregate Forty-Five Million Dollars ($45,000,000). Revolving Credit LIBOR Rate - The Adjusted LIBOR Rate plus three hundred fifty (350) basis points. Revolving Credit Maturity Date - May 31, 2009.
Maximum Revolving Credit Amount. The Maximum Revolving Credit Amount is hereby amended to $2,000,000.00. Except as provided herein with respect to the Overadvance Facility. the Borrower shall not request, and the Lender shall not make, extensions of credit in excess of $2,000,000.00.
Maximum Revolving Credit Amount. Subject to Section 2.9(b), the aggregate sum of each Lender’s Revolving Credit Pro Rata Share, which in no event shall exceed in the aggregate Seventy Five Million Dollars ($75,000,000). Commerce’s Revolving Credit Pro Rata Share on the Closing Date is Fifty Million Dollars ($50,000,000). Net Outstanding Portfolio Balance - With respect to any Collateralized Debt Offering for which Borrower or a Subsidiary Guarantor is collateral manager pursuant to a Management Agreement, the Net Outstanding Portfolio Balance (or some similarly defined term) of such Collateralized Debt Offering, as determined pursuant to the trustee report issued on a quarterly basis, or if not yet produced, as determined pursuant to the indenture applicable to the Collateralized Debt Offering. Notes— Collectively, the Revolving Credit Notes. Notice— Section 10.8.
Maximum Revolving Credit Amount. The "Maximum Revolving Credit Amount" of the Revolving Credit shall be Seventeen Million Dollars ($17,000,000) which shall be automatically reduced to Fifteen Million Dollars ($15,000,000) on the earlier of: (a) October 29, 1999, or (b) the date of the Spin-off. On the date of such automatic reduction, any and all principal amounts outstanding in excess of Fifteen Million Dollars ($15,000,000) shall be immediately due and payable in full.
Maximum Revolving Credit Amount. The sum of Two Million Dollars ($2,000,000). Minimum Compliance Level - (a) on or after December 31, 2017 but prior to June 30, 2018, Negative Two Million Two Hundred Fifty Thousand Dollars (-$2,250,000), (b) on or after June 30, 2018 but prior to June 30, 2019, Negative One Million Two Hundred Fifty Thousand Dollars (-$1,250,000), (c) on or after June 30, 2019 but prior to December 31, 2019, Negative Nine Hundred Fifty Thousand Dollars (-$950,000), (d) on or after December 31, 2019 but prior to June 30, 2020, One Million Seven Hundred Fifty Thousand Dollars ($1,750,000), (e) on or after June 30, 2020 but prior to December 31, 2020, Two Million Five Hundred Thousand Dollars ($2,500,000), (f) on or after December 31, 2020 but prior to June 30, 2021, Three Million Dollars ($3,000,000), (g) on or after June 30, 2021 but prior to December 31, 2021, Three Million Five Hundred Thousand Dollars ($3,500,000) and (h) on or after December 31, 2021, Five Million Dollars ($5,000,000). Notes - The Revolving Credit Note and the Term Loan Note.
Maximum Revolving Credit Amount. After giving effect to the Revolving Credit Loans to be made or Letters of Credit to be issued, the aggregate principal amount outstanding of all Revolving Credit Loans plus the then current L/C Exposure shall not exceed the Maximum Revolving Credit Amount. Each request for a Borrowing or issuance of a Letter of Credit hereunder shall be deemed to be a representation and warranty by the Borrower on the date of such Borrowing or issuance of a Letter of Credit hereunder as to the matters specified in paragraphs (c), (d) and (e) of this Section 4.2.
