Line Amount definition

Line Amount means the maximum borrowings permitted under a Line which shall not exceed the Ceiling Amount;
Sample 1
Line Amount means initially $10,000,000, which amount may be increased up to $17,500,000 at the election of Lender and must be increased to the extent Lender is obligated to increase the amount of Advances to pay Operating Costs in accordance with Section 5.10 of the Investment Agreement.
Sample 1
Line Amount means $5,000,000.00.
Sample 1

Examples of Line Amount in a sentence

  • List employees who you wish to receive cardsEach employee credit limit can be set to the Total Credit Line Amount.

  • Any reduction in the Maximum Line Amount shall be in multiples of $100,000, and with a minimum reduction of at least $500,000.

  • Line No.: Commodity Code: Quantity: Unit of Measure: Unit Cost: Description: MA Line No. Accounting Line: Amount: Comm.

  • Each of the Borrowers, on behalf of each of its respective Funds having Loans outstanding at any time, further covenants and agrees that it shall make such repayments of the Loans outstanding to each such Fund at any time to the extent required such that the then outstanding aggregate principal amount of all Loans to all Funds hereunder shall at no time exceed the Committed Line Amount upon the earlier to occur of such Borrower first becoming aware of any such circumstance or demand by the Bank.

  • The Lender agrees, subject to the terms and conditions of this Agreement, to make advances (“Revolving Advances”) to the Borrower from time to time from the date that all of the conditions set forth in 4.1 are satisfied (the “Funding Date”) to and until (but not including) the Termination Date in an amount not in excess of the Maximum Line Amount.

  • Each of the Borrowers, on behalf of its respective Funds, shall pay to the Bank its ratable portion (calculated in accordance with Section I.5(c) above) of commitment fee accruing at the rate of 0.20% per annum on the unused portion of the Committed Line Amount.

  • As a condition precedent to the effectiveness of this letter agreement, the Borrowers shall pay to the Bank on the date of this letter agreement a non-refundable fee equal to 0.05% of the Committed Line Amount, which fee shall be fully earned by the Bank upon the date of this letter agreement.

  • Xxxxx Fargo shall make Advances to Companies under the Line of Credit that, together with the L/C Amount, shall not at any time exceed in the aggregate the lesser of (i) the Maximum Line Amount (as in effect from time to time as described below), or (ii) the Borrowing Base limitations described in Section 1.2. Within these limits, Companies may periodically borrow, prepay in whole or in part, and reborrow.

  • For the purposes of this Section 2.7(b), “Unused Amount” means the Maximum Line Amount reduced by outstanding Revolving Advances and the L/C Amount.

  • The institution will be utilizing depository funds for funding transactions and therefore does not have a Warehouse Lender* (* if applicable remainder of form does not need to be completed) Warehouse Institution Name: Attention: E-mail: Address: City: State: Zip: Phone Fax Warehouse Line Amount: $ Date Opened: Client Name: ABA#: Account #: Lender Authorization We authorize the release of the information regarding our Warehouse Line of Credit to Union Home Mortgage Corp.


More Definitions of Line Amount

Line Amount the Line Amount set forth on “Schedule A.”
Sample 1
Line Amount means Twenty Million Dollars ($20,000,000.00); provided however, that if Borrowers fail to consummate the Secondary Offering on or before December 31, 1996, the Line Amount shall automatically reduce to Fifteen Million Dollars ($15,000,000.00).
Sample 1
Line Amount means (a) with respect to Chula Vista Borrower, $17,500,000 and (b) with respect to Escondido Borrower, $8,500,000.
Sample 1
Line Amount shall have the meaning assigned to such term in Section 2.01(b-1) hereof.
Sample 1
Line Amount as of November 14, 2022 means $15,000,000.00.
Sample 1

Related to Line Amount

  • Maximum Swingline Amount means $5,000,000.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Maximum Revolving Amount means $10,000,000.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Line Cap means, at any time, the lesser of (1) the aggregate Revolving Facility Commitments at such time and (2) the Borrowing Base then in effect.

  • Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Total Outstanding Amount means, at any time, the aggregate Dollar Amount of all Loans outstanding at such time plus the aggregate Dollar Amount of the Letter of Credit Liabilities of all Lenders at such time.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000).

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • 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.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • 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.

  • FX Reduction Amount is defined in Section 2.1.3.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).