KeyBank Line of Credit definition

KeyBank Line of Credit means that certain revolving line of credit lending facility provided by KeyBank, N.A., and its affiliates to Contributor and certain of its affiliates.
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KeyBank Line of Credit means a line of credit in the maximum amount of $40,000,000 pursuant to that certain Revolving Credit Agreement dated as of June 8, 2011, between Borrower and KeyBank National Association.
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Examples of KeyBank Line of Credit in a sentence

  • Thus, the ARDL approach avoids use of unit root tests and autocorrelation function tests for testing the order of integration.Hendry et al.

  • Borrower shall not increase the maximum amount of the KeyBank Line of Credit to an amount greater than $40,000,000 or extend the maturity date thereof beyond June 8, 2013, without the consent of all Lenders.

  • The CD fluorescence was seen in UV light and it was of different colour in different solvents.

  • The decrease of$9.7 million in debt is primarily a result of the $1.1 million Revere Term Loan pay-off,$5.8 million in pay-offs as a result of sales, $850 thousand payment on the KeyBank Line of Credit, and normal principal payments.WHLR's weighted-average interest rate was 4.8% with a term of 4.10 years at March31, 2019 (including debt associated with assets held for sale).

  • Battaglia made a motion to recommend approval of renewing and reducing the KeyBank Line of Credit to $1M, the motion was seconded by T.

  • The various maturity dates are disclosed within Note 7 included in our Annual Report on Form 10-K for the year ended December 31, 2019 under the KeyBank Line of Credit.

  • Farrell shared that the last time the Committee met, they had discussed reducing the KeyBank Line of Credit from $10M to $5M, if the unused fee could be waived, or$1M if the corresponding interest rate could be reduced.

  • Mr. Elsenbeck made a motion to authorize BUDC and 683 WTC, LLC to guarantee the payment and performance of the obligations of 683 Northland LLC under the KeyBank Line of Credit Facility, to authorize the President or Executive Vice President of BUDC to execute the guarantees and such other documents and instruments on behalf of BUDC and 683 WTC, LLC, and for such officers to take such actions as may be necessary in connection with the establishment of the Line of Credit Facility.

  • However, there are some minor concerns, especially regarding the cost-benefit of some scientific activities, and efficient utilization of funding.

Related to KeyBank Line of Credit

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Credit Line as defined in Section 2.1.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Existing Letter of Credit means each letter of credit previously issued (or deemed issued) for the account of the Borrower, the Company or any of their respective Subsidiaries under the Existing Credit Facilities that (a) is outstanding on the Closing Date and (b) is listed on Schedule 1.01C.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Letter of Credit Limit means $5,000,000.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the "Family Golf Centers, Inc. Letter of Credit Account" that shall be used solely for the purposes set forth in Sections 2.02(b) and 2.10(a) and (c).

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.22.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility