Common use of Total Aggregate Facility Limit Clause in Contracts

Total Aggregate Facility Limit. Notwithstanding the Commitments herein or anything else contained in this Agreement or any of the other Loan Documents to the contrary, Borrower, Administrative Agent and each Lender acknowledge and agree that at no time shall the Aggregate Revolving Loan, the Swingline Loan, the Aggregate Floorplan Loan, the Interim Floorplan Loan, the Letter of Credit Exposure and all unfunded Approvals, exceed Sixty Eight Million Seven Hundred Thousand Dollars ($68,700,000) in the aggregate (the “Total Aggregate Facility Limit”).”

Appears in 1 contract

Sources: Credit Facilities Agreement (Pomeroy It Solutions Inc)

Total Aggregate Facility Limit. Notwithstanding the Commitments herein or anything else contained in this Agreement or any of the other Loan Documents to the contrary, Borrower, Administrative Agent and each Lender acknowledge and agree that at no time shall the Aggregate Revolving Loan, the Swingline Loan, the Aggregate Floorplan Loan, the Interim Floorplan Loan, the Letter of Credit Exposure and all unfunded Approvals, exceed Sixty Eight Eighty Million Seven Hundred Thousand Dollars ($68,700,00080,000,000) in the aggregate (the “Total Aggregate Facility Limit”).”

Appears in 1 contract

Sources: Credit Facilities Agreement (Pomeroy It Solutions Inc)