Cash Management Sublimit definition

Cash Management Sublimit means a sublimit for cash management transactions under the Revolving Line not to exceed Two Hundred Fifty Thousand Dollars ($250,000).

Cash Management Sublimit means a sublimit for cash management transactions approved by Bank under the Revolving Line subject to the availability under the Revolving Line and the Borrowing Base in an aggregate amount not to exceed $1,000,000 minus, in each case, any amounts outstanding under the Letter of Credit Sublimit and the Foreign Exchange Sublimit.

Cash Management Sublimit means $250,000.

Examples of Cash Management Sublimit in a sentence

• The entire Cash Management Sublimit will be treated as an Advance for purposes of determining availability under the Credit Limit and shall decrease, on a dollar-for-dollar basis, the amount available for other Advances.

• Borrower may use availability hereunder up to the Cash Management Sublimit for Lender's cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the "Cash Management Services").

• Borrower may use up to $3,000,000 of Loans available hereunder for Silicon’s Cash Management Services (as defined below) (the “Cash Management Sublimit”), including, merchant services, business credit card, ACH and other services identified in the cash management services agreement related to such service (the “Cash Management Services”); provided, however, the total Letter of Credit Sublimit, Foreign Exchange Contract Sublimit and Cash Management Sublimit shall not, at any time, exceed $3,000,000.

• Letter of Credit Sublimit (Section 1.6): $3,000,000; provided, however, that the total Letter of Credit Sublimit, Foreign Exchange Contract Sublimit and Cash Management Sublimit shall not, at any time, exceed $3,000,000.

• Borrower may use availability hereunder up to the Cash Management Sublimit for Lender’s cash management services, which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in various cash management services agreements related to such services (the “Cash Management Services”).

More Definitions of Cash Management Sublimit

Cash Management Sublimit means $500,000,

Cash Management Sublimit means $5,000,000.00.

Cash Management Sublimit. ‘Cash Management Sublimit’ means an amount, subject to the Overall Sublimit, equal to $25,000,000 minus the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), and minus the FX Reserve, and minus the aggregate amount of the Applicable Purchased Receivables, and minus all outstanding Loans.

Cash Management Sublimit has the meaning set forth in Section 2.1.4 herein.

Cash Management Sublimit means $100,000.

Cash Management Sublimit means $25,000.

Cash Management Sublimit means $150,000.00.