Loan Limits definition

Loan Limits means, collectively, the Loan Limits for Revolving Loans and Letters of Credit set forth in Section 1 of Schedule A and all other limits on the amount of Loans and Letters of Credit set forth in this Agreement.
Loan Limits means, collectively, the Availability limits and all other limits on the amount of Loans and Credit Accommodations set forth in this Agreement.
Loan Limits means, collectively, the Loan Limits for Revolving Loans set forth in Section 1(a) of Annex I and all other limits on the amount of Loans set forth in this Agreement.

Examples of Loan Limits in a sentence

  • If at any time any of the Loan Limits are exceeded, Borrower will immediately pay to Lender such amounts (or provide cash collateral to Lender with respect to the Credit Accommodation Balance in the manner set forth in Section 7.3), as shall cause Borrower to be in full compliance with all of the Loan Limits.

  • Notwithstanding the foregoing, Lender may, in its sole discretion, make or permit Revolving Loans, the Term Loan, any Credit Accommodations or any other monetary Obligations to be in excess of any of the Loan Limits; PROVIDED, that Borrower shall, upon Lender's demand, pay to Lender such amounts as shall cause Borrower to be in full compliance with all of the Loan Limits.

  • Notwithstanding the foregoing, Lender may, in its sole discretion, make or permit Revolving Loans, the Term Loan, any Credit Accommodations or any other monetary Obligations to be in excess of any of the Loan Limits; provided, that Borrower shall, upon Lender's demand, pay to Lender such amounts as shall cause Borrower to be in full compliance with all of the Loan Limits.

  • If at any time for any reason whatsoever (including as a result of currency fluctuations) (i) the outstanding balance of all Revolving Loans exceeds the lesser of (x) the Maximum Revolving Facility Amount minus Reserves established against the Maximum Revolving Facility Amount and (y) the Borrowing Base or (ii) any of the Loan Limits for Revolving Loans are exceeded, then, in each case, Borrowers will immediately pay to Agent such amounts as shall cause Borrowers to eliminate such excess.

  • In the event that some but not all of the Groups agree to fund their Ratable Share of the requested Loans, the Borrower may request the Administrative Agent to re-allocate the rejected portion of the requested Loans, and seek approval among the Groups that approved the original requested borrowing, based on the Ratable Share of the Group Loan Limits of such Groups; provided, that there shall be no obligation of any Lender in any Group to fund any such incremental Loans.


More Definitions of Loan Limits

Loan Limits means the limitations on investments imposed by RCW 32.20.410.
Loan Limits means the amount, if any, of any credit and/or overdraft facility granted by the Bank on any Account.
Loan Limits means, collectively, the Availability limits and all other limits on the amount of Loans and Credit Accommodations set forth in the Agreement."Loans" means, collectively, the Revolving Loans and any Term Loan.
Loan Limits. No loan to any Participant can be made to the extent that such loan when added to the outstanding balance of all other loans to the Participant would exceed the lesser of (a) $50,000 reduced by the excess (if any) of the highest outstanding balance of loans during the one year period ending on the day before the loan is made, over the outstanding balance of loans from the Plan on the date the loan is made, or (b) one-half the present value of the Participant’s account or, if greater, the total account balance up to $10,000. For the purpose of the above limitation, all loans from all plans
Loan Limits means, collectively, the Loan Limits for Revolving Loans set forth in Section 1 of Annex I, the Canadian Loan Limit and all other limits on the amount of Loans set forth in this Agreement.
Loan Limits. TCFC shall make working capital cash Advances ("Working Capital Advances") to Debtor under this Facility. Such Working Capital Advances shall be treated as Advances under the terms of the ISA except as provided herein. The aggregate principal balance of Working Capital Advances and Approvals under the Working Capital Facility shall not exceed the lesser of $2,000,000 (the "Credit Limit") or the Borrowing Base. If at any time the aggregate outstanding principal balance of Working Capital Advances and Approvals exceeds the lesser of the Credit Limit or the Borrowing Base, Dealer shall, unless TCFC otherwise consents, immediately and without notice or demand of any kind, make such payments to TCFC as shall be necessary to eliminate such excess.
Loan Limits. With respect to each Group 1 Mortgage Loan, the original principal balance of each such Mortgage Loan is within ▇▇▇▇▇▇▇ Mac’s dollar amount limits for conforming one- to four-family mortgage loans.