Definition of Loan Facility Amount


Loan Facility Amount means the sum of Loan_Amount
Sample 1

Examples of Loan Facility Amount in a sentence

On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make available the term loan to Borrowers (the "Term Loan") in such Lender's applicable Pro Rata Term Loan Share of the Term Loan Facility Amount.
In consideration of the establishment of the credit facility, the Borrowers hereby agree to pay a fee (the "Commitment Fee") to the Administrative Agent, for the account of the Lenders on a Pro Rata basis, in an amount equal to one and 62.5/100 percent (1.625%) of the Term Loan Facility Amount as of the Third Amendment Effective Date (such amount being equal to $536,250.00), on the Third Amendment Effective Date.
In consideration of the establishment of the credit facility under this Agreement, the Borrowers agree to pay a fee (the Commitment Fee) to the Administrative Agent, for the account of the Lenders on a Pro Rata basis, in an amount equal to one and one-quarter percent (1.25%) of the Term Loan Facility Amount (such amount being equal to $225,000.00), on the Effective Date.
Pursuant to Section 2.2 of the Term Loan Agreement, the Borrower hereby gives notice to the Administrative Agent that Loans of the type and amount set forth below be made to it on the date indicated below: Type of Loan Facility Amount Date of Loan ------------ -------- ------ ------------ Base Rate Loan ______ _________ ____________ The Borrower hereby requests that the proceeds of Loans described in this Borrowing Notice be made available to it as follows: [insert transmittal instructions].
In consideration of the establishment of the credit facility under the Existing Credit Agreement, the Borrowers paid a fee (the Commitment Fee) to the Administrative Agent, for the account of the Lenders on a Pro Rata basis, in an amount equal to one and one-quarter percent (1.25%) of the Term Loan Facility Amount as of the Effective Date (such amount being equal to $225,000.00), on the Effective Date.