Loan Ceiling definition

Loan Ceiling. $150,000,000.00.

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Loan Ceiling means the maximum amount of money that the department will loan to a single applicant.

Loan Ceiling. $100,000,000.00.

Examples of Loan Ceiling in a sentence

The unpaid principal balance of the SwingLine Loans shall not at any one time be in excess of the SwingLine Loan Ceiling.
The Bank shall not loan any Securities maintained in a Portfolio's Account such that, after giving effect to such loan, an amount greater than that Portfolio's Loan Ceiling Amount will be lent pursuant to this Agreement.
The consent of the SwingLine Lender and Revolving Credit Lenders (other than Delinquent Revolving Credit Lenders) holding 51% or more of the Loan Commitments of the Revolving Credit Lenders (other than any Loan Commitments held by Delinquent Revolving Credit Lenders) shall be required to increase the SwingLine Loan Ceiling.
The unpaid principal balance of the SwingLine Loans shall not at any one time be in excess of the SwingLine Loan Ceiling (which SwingLine Loan Ceiling is subject to amendment from time to time, by reasonable advance notice by the Administrative Agent to the Lead Borrower).
In the event that, when a Revolving Credit Loan is requested, the aggregate unpaid balance of the SwingLine Loan is less than the SwingLine Loan Ceiling, then the SwingLine Lender may advise the Agent that the SwingLine Lender has determined to include up to the amount of the requested Revolving Credit Loan as part of the SwingLine Loan.

Loan Ceiling means $50,000,000, as such amount may be modified in accordance with the terms of this Agreement.

Loan Ceiling. Eighty Million U.S. Dollars ($80,000,000.00), subject to reduction in accordance with the provisions of Section 2-9 hereof.

Loan Ceiling. $50,000,000.00, subject to the provisions of Section 2-2."

Loan Ceiling. $50,000,000.00.

Loan Ceiling. Thirty Million Dollars ($30,000,000), or such lesser amount as Agent may establish following the occurrence of an Event of Default.

Loan Ceiling set forth in Article 1 of the Agreement is hereby amended to read as follows:

Loan Ceiling. Five Million Dollars ($5,000,000).