ACL Agreement definition

ACL Agreement means any credit line sweep services agreement now or hereafter entered into between the Agent and Borrower and all amendments and modifications thereto.
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ACL Agreement means any credit line sweep services agreement now or hereafter entered into between the Bank and the Borrower and all amendments and modifications thereof.
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ACL Agreement means any credit line sweep services agreement now or hereafter entered into between the Administrative Agent and Borrower and all amendments and modifications thereto.
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Examples of ACL Agreement in a sentence

  • Except as otherwise provided in an ACL Agreement, each Borrowing under this Section shall be in an aggregate principal amount of $1,000,000 or any larger multiple of $500,000 (except that any such Borrowing may be in the aggregate amount of the Unused Commitments less the amount of any outstanding Swing Line Advances) and shall be made from the several Banks ratably in proportion to their respective Commitments.

  • The Borrower may, subject to the terms of any applicable ACL Agreement, prepay the Loan in whole at any time, or from time to time in part in amounts aggregating at least $10,000.00, or any larger multiple of $1,000.00, by paying the principal amount to be prepaid together with accrued interest thereon to the date of prepayment.

  • All capitalized words not defined herein are used as defined in the ACL Agreement.

  • The aggregate principal amount of each SOFR Borrowing shall not be less than $1,000,000 or a larger multiple of $500,000, and, except as otherwise provided in an ACL Agreement, the aggregate principal amount of each Base Rate Borrowing shall not be less than $1,000,000 or a larger multiple of $100,000 (except that any such Borrowing may be in the aggregate amount of the Unused Commitment).

  • Except with respect to any Advance made pursuant to an ACL Agreement (which Advance shall be repaid in accordance with such ACL Agreement), each Advance included in any Borrowing shall mature, and the principal amount thereof shall be due and payable, subject to Section 6.01, on the Termination Date.

  • Except as expressly amended herein, the ACL Agreement and the Loan Documents shall remain in full force and effect.

  • Each Advance under an ACL Agreement shall be deemed to be a Base Rate Advance.

  • The amount of Thirty Million Dollars ($30,000,000.00) as stated in Recital C of the ACL Agreement is hereby changed to Forty Million Dollars ($40,000,000.00).

  • Nothing in the Agreement is intended to, nor shall it be deemed to, constitute a partnership or joint venture between Owner and Host, and neither party shall have authority to obligate or bind the other in any manner.

  • Upon satisfaction of the conditions to this Amendment as stated in Section 3 below, BMI shall be deemed to be a "Borrower" under the ACL Agreement, the Note, and all of the Loan Documents.