Expected Hold definition
Expected Hold means $12,500,000.
Examples of Expected Hold in a sentence
Provided (i) the Commitment of TriState Capital Bank has been, or shall in connection with such request be, reduced to not more than the Expected Hold, and (ii) there exists no Event of Default or Potential Event of Default, upon notice to the Agent (which shall promptly notify the Lenders), the Borrower may on a one time basis, request an increase in the Commitments by an amount not exceeding $3,000,000 (an “Incremental Facility”).