Facility Amount definition

Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

Facility Amount means the amount of the equity line as per the terms of the Term Sheet.

Facility Amount has the meaning set forth in Section 2.1.

Examples of Facility Amount in a sentence

• Payments to the Liquidity Facility Provider (other than the Subordinated Liquidity Facility Amount) will rank in priority higher than payments under the Notes.

• You will be provided a facility with the following key features: Facility Amount (Purchase Price) Margin of Financing Tenure Profit Rate: Variable Rate i.

• Unless otherwise agreed by the Administrative Agent and the Lenders, the terms of any increase in the Facility Amount shall be the same as those in effect prior to any increase; provided, however, that should the terms of the increase agreed to be other than those in effect prior to the increase, then the Transaction Documents shall, with the consent of the Administrative Agent and the Lenders, be amended to the extent necessary to incorporate any such different terms.

• Whenever the Loan exceeds the Maximum Facility Amount, the Customer shall pay to the Bank at the Bank’s election either a fee in respect of the excess Margin Lending Facility amount at such rate prescribed by the Bank from time to time, or interest on the excess portion of the Margin Lending Facility at such rate as the Bank may stipulate from time to time.

• Unless otherwise agreed with the Customer, the Bank will normally refuse to finance the purchase of any Ineligible Securities.2.03 No advance under the Margin Lending Facility will be made if it will cause the Loan to exceed the Maximum Facility Amount.

More Definitions of Facility Amount

Facility Amount means, on any date of determination, (i) prior to the Revolving Period Termination Date, the Aggregate Commitment on such day and (ii) on and after the Revolving Period Termination Date, the Loans Outstanding.

Facility Amount means, at any time and as reduced or increased from time to time, pursuant to the terms of this Agreement the aggregate dollar amount of Commitments of all the Lenders. As of the Restatement Effective Date, the Facility Amount is $225,000,000.

Facility Amount means, at any time and as reduced or increased from time to time, pursuant to the terms of this Agreement the aggregate dollar amount of Commitments of all the Lenders, as of the date of determination; provided, however, that on or after the Termination Date, the Facility Amount shall be equal to the amount of Advances outstanding. As of the Effective Date, the Facility Amount is $140,000,000. The Facility Amount may be increased up to a total of $250,000,000 in accordance with the provisions of Section 2.3(c).

Facility Amount means the sum of the Aggregate Revolving Commitments and the Aggregate Term Loan Amount, as adjusted from time to time pursuant to the terms and conditions of this Agreement.

Facility Amount means (a) on or prior to the Facility Termination Date, an amount equal to the Maximum Facility Amount (as such amount may be reduced from time to time pursuant to Section 2.07) and (b) following the Facility Termination Date, the outstanding principal balance of all of the Advances.

Facility Amount means during the Reinvestment Period, $250,000,000 (as such amount may be reduced from time to time pursuant to Section 2.06, increased pursuant to Section 2.22 or as otherwise agreed to by the Borrower, the applicable Lenders, the Collateral Manager and the Administrative Agent); provided, that following the Commitment Termination Date, the Facility Amount will equal the Advances Outstanding as of the applicable date of determination.

Facility Amount is Twelve Million Five Hundred Thousand Dollars ($12,500,000.00).”