Examples of Line of Credit Loan Commitments in a sentence
Any partial reduction of the Line of Credit Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments of each of the Lenders.
Commencing on the Closing Date, the Borrower agrees to pay to the Agent for distribution to the Lenders (based on their applicable respective Pro Rata Percentages) a quarterly non-use fee (the “Non-Use Fee”) on the daily average unused amount of the Line of Credit Loan Commitments and the Term Loan Commitments, as the case may be, at the applicable rate per annum for the relevant Financial Performance Level set forth in the definition of Applicable Margin.
Swing Line Loans shall not be considered usage of the Line of Credit Loan Commitments for purposes of this Section 6.1.
Any partial reduction of the Line of Credit Loan Commitments or the Term Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments or the Term Loan Commitments, as applicable, of each of the Lenders.
Swing Line Loans shall be considered usage of the Line of Credit Loan Commitments for purposes of this Section 6.1.
The aggregate outstanding principal amount of Swing Line Loans must not at any time exceed the Swing Line Sublimit, and no Swing Line Loans may be made to the extent that the sum of (i) the aggregate outstanding principal amount of the Line of Credit Loans, (ii) the aggregate outstanding amount of the LC Obligations and (iii) the aggregate outstanding principal amount of all Swing Line Loans would exceed either the Borrowing Base or the aggregate Line of Credit Loan Commitments.
The project developed views of 'probable', 'possible' and 'preferred' futures for the Borough over the next 20 years and the outcome of the work included a Vision for 2028, built on a substantial evidence base, as well as a set of scenarios.
Prior to the initial Advance under this Agreement, Borrower shall, under the Line of Credit B Agreement, have terminated the Line of Credit Loan Commitments in whole in accordance with the terms of Section 2.3(c) of the Line of Credit B Agreement (giving effect to the waiver of the five day advance notice requirement set forth in Section 10.37 of this Agreement).
Borrower has requested that the Line of Credit Loan Commitments be increased from $200,000,000 to $220,000,000 for six months and Farm Credit Services of Missouri, PCA and Farm Credit Services of America, FLCA have each agreed to increase their respective Line of Credit Loan Commitments from $28,750,000 to $38,750,000 for six months to cover this requested increase.
Each section that referred to a particular site was extremely brief and it was unclear how the scope of the appraisal in each case was arrived at (it appeared highly selective) or indeed what evidence the comments were based upon.