Inventory Sublimit Amount definition

Inventory Sublimit Amount means the amount set forth below for the period corresponding thereto: Period Amount ------ ------ February 21, 2002 through March 31, 2002 $31,250,000 April 1, 2002 through June 30, 2002 $30,250,000 July 1, 2002 through September 30, 2002 $29,250,000 October 1, 2002 through December 31, 2002 $28,250,000 January 1, 2003 and thereafter $27,250,000
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Inventory Sublimit Amount means $1,150,000, provided that immediately after giving effect to the Mortgage Refinance (as defined in Section 3(b) of the Standard Terms) the Inventory Sublimit Amount shall be reduced to $500,000 (such reduction, the “Inventory Sublimit Reduction”).
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Inventory Sublimit Amount at any date of determination, an amount ------------------------------ equal to 45% of the Commitments of all Lenders then in effect.
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Examples of Inventory Sublimit Amount in a sentence

  • For purposes hereof, the term “Inventory Sublimit Amount” means $1,150,000, provided that immediately after giving effect to the Mortgage Refinance (as defined in Section 3(b) of the Standard Terms) the Inventory Sublimit Amount shall be reduced to $500,000 (such reduction, the “Inventory Sublimit Reduction”).


More Definitions of Inventory Sublimit Amount

Inventory Sublimit Amount. Maximum Revolving Advance Amount," and "Required Undrawn Availability" from Section 1.2 of the Credit Agreement and inserting the following in lieu thereof:
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Related to Inventory Sublimit Amount

  • Inventory Sublimit means the amount(s) set forth in Section 1(d) of Schedule A.

  • 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.

  • L/C Sublimit has the meaning ascribed to it in Annex B.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Aggregate Cap means (x) with respect to any four fiscal quarter period through and including the four fiscal quarter period ended after the consummation of the Empire Acquisition, 20% and (y) thereafter, 15%, in each case, of Consolidated EBITDA for the relevant Test Period (calculated prior to giving effect to any add-backs subject to the Aggregate Cap).