Line Limit definition

Line Limit means the maximum principal amount that the Company may borrow and have outstanding under the relevant Line.
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Line Limit means the maximum principal amount that the Companies may borrow and have outstanding under the relevant Line.
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Line Limit means aggregate maximum credit limit that the Credit Parties have under the commercial credit cards and stored value cards issued by ▇▇▇▇▇ Fargo or any of its Affiliates.
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Examples of Line Limit in a sentence

  • In addition to its Commitment under Section 2.1, the Swing Line Buyer may, in its discretion, fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • In addition to its Commitment under Section 2.1, U.S. Bank agrees to fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • The Seller may request U.S. Bank to fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • Within the Line Limit and subject to the limitations set forth in this Agreement, the Company may borrow, repay and reborrow Line Loans.

  • We will mail you a statement every month showing your Previous Balance, Credit Line Limit, the current transactions on your account, the remaining credit available under your Credit Line, the New Balances of purchases and cash advances, the Total New Balance, the FINANCE CHARGE due to date, and the Minimum Payment required.

  • If the Swing Line Limit shall be reduced below what the Swing Line Limit is on the Effective Date for any reason, the maximum Borrowings outstanding under the Swing Line Note then or on any day thereafter shall be limited to the Swing Line Limit on such day, irrespective of the fact that the face principal amount of the Swing Line Note may be greater than that.

  • Accordingly, the amount that Borrower may draw shall at all times be limited by the amount of the Credit Line Limit then outstanding, and Lender does not guarantee that Borrower will be able to draw down any particular minimum amount under this Loan.

  • If the Swing Line Limit shall be increased for any reason, then the Companies agree to execute and deliver to that Lender upon its request a renewal Swing Line Note in a face principal amount equal to the new Swing Line Limit and dated the same date that such Swing Line Limit change becomes (or became) effective.

  • The amount of any Advance made hereunder against an Eligible Mortgage Loan shall not exceed such Eligible Mortgage Loan's Warehouse Line Limit.

  • In addition to its Commitment under Section 3.1, JPMorgan agrees to fund revolving credit Swing Line Advances to the Company in principal amounts which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Borrowings.


More Definitions of Line Limit

Line Limit means Seventy-Five Million ($75,000,000.00) Dollars.
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Line Limit. Twenty Million and 00/100 Dollars ($20,000,000) reduced by the amount set forth in any reduction notice secured by HSBC Bank pursuant to Section 2.13 of this Agreement.
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Related to Line Limit

  • Line Cap means at any time, the lesser of (i) the Aggregate Commitments and (ii) the then-applicable Borrowing Base.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

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

  • Total Revolving Outstandings means the aggregate Outstanding Amount of all Revolving Loans, all Swing Line Loans and all L/C Obligations.

  • Revolving Outstandings means, at any time, the sum of (a) the aggregate principal amount of all outstanding Revolving Loans, plus (b) the Stated Amount of all Letters of Credit.