Examples of Aggregate Line Commitment in a sentence
On January 1, 2001, the Aggregate Line Commitment under the Credit Agreement will automatically decrease to $50,000,000.
The Company has requested that the Aggregate Line Commitment under the Credit Agreement be increased on a temporary basis from $50,000,000 to $80,000,000 through December 31, 2000.
As in previous years, the Assemblies derived their revenues from Internally Generated Funds, District Assemblies‟ Common Fund (DACF) allocations, HIPC funds and other donor interventions.
This benefit will be paid in addition to any amount paid under the Extension 3 Hospital Benefit above.
Ultimately, the mainstream view is that financial conditions did not stabilize until the banking system was recapitalized through the Troubled Asset Relief Program (TARP)42; the Fed does not have authority to recapitalize financial institutions.
Upon any such reduction of the Aggregate Commitment, the Swing Loan Lender and the Administrative Agent may each elect, at its option, to reduce the Swing Loan Commitment or the maximum amount of Letter of Credit Exposure pursuant to Section 2.6(a), as the case may be, by the same percentage as the percentage reduction in the Aggregate Line Commitment.
The Borrower shall pay to the Administrative Agent, at the time of the Extension Request, for the benefit of the Lenders holding Line Commitments an extension fee equal to fifteen one-hundredths of one percent (0.15%) of the then-current Aggregate Line Commitment.
Any reduction of the Aggregate Line Commitment shall be allocated pro rata among the Line Lenders in accordance with their respective Percentages of the Aggregate Line Commitment.
Borrower agrees to pay to the Administrative Agent for the account of each Lender an unused facility fee (the “Unused Fee”) equal to an aggregate amount computed on a daily basis by multiplying (i) the Unused Fee Percentage, expressed as a per diem rate, times (ii) the excess of the Aggregate Line Commitment over the Outstanding Line Amount on such day.
Borrower agrees to pay to the Administrative Agent for the account of each Line Lender a facility fee (the “Facility Fee”) equal to an aggregate amount computed on a daily basis by multiplying (i) the Facility Fee Percentage in effect on such day, expressed as a per diem rate, times (ii) the Aggregate Line Commitment in effect on such day.