Maximum Amount of Credit definition

Maximum Amount of Credit. Section 2.1.1. "Maximum Leverage Ratio" Section 7.10.1. "Offshore Rate" Section 3.3.1. "Partnership Agreement" Section 7.13. "Payment Date" Section 3.1. "Permitted Liens" Section 7.7. "Plan Assets" Section 7.16. "Pledged Indebtedness" Section 6.1.4.(c) "Pledged Rights" Section 6.1.4.(b) "Pledged Securities" Section 6.1.4.(c) "Pledged Stock" Section 6.1.4.(a) "Secured Obligations" Section 6.1 "Swap Contracts" Section 3.5
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Maximum Amount of Credit is defined in Section 2.1.2
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Maximum Amount of Credit means, on any date, the lesser of (a) (i) from the initial Closing Date through June 22, 2022, $20,000,0000, (ii) from June 23, 2022 through June 22, 2023, $15,000,0000 and (iii) from June 22, 2023 to the Final Maturity Date, $10,000,000, in each case, or such other amount as may be agreed by the Borrower and the Lender, and (b) the amount (in an integral multiple of $10,000) to which the then applicable amount set forth in clause (a) above shall have been irrevocably reduced from time to time by notice from the Borrower to the Lender.
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Examples of Maximum Amount of Credit in a sentence

  • The RSP Chair and RSP Partnership Manager attended a meeting with Emma Edworthy, Deputy Director, Employability and Skills Division, Welsh Government on Thursday 18th November.

  • If at any time the aggregate principal amount of the Loans exceeds the Maximum Amount of Credit, the Company will promptly pay to you the amount of such excess.

  • The principal amount of the Loans prepaid pursuant to this Section 5.2.4 may not be reborrowed and shall reduce the Maximum Amount of Credit.

  • Maximum Amount of CreditThe Maximum Amount of Credit we agree to provide you under all your Bank of China Credit Card Contracts is based on our assessment of the amount of credit for which you apply and our assessment of your financial situation.

  • Changing the Maximum Amount of CreditYou can ask us to increase or decrease the Maximum Amount of Credit at any time.


More Definitions of Maximum Amount of Credit

Maximum Amount of Credit means $500,000,000, unless this amount is increased or reduced pursuant to Sections 2.7, 2.8, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitment.
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Maximum Amount of Credit means an amount equal to the lesser of (i) $55,000,000 or (ii) the amount (being an integral multiple of $100,000) to which such figure shall have been irrevocably reduced from time to time by the Company pursuant to Section 2.10.
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Maximum Amount of Credit shall be equal to, as of a particular measuring date, the sum of accounts receivables and customer activations in various categories, calculated as set forth in Exhibit C; provided, however, the Installment Sale Credit Amount and the Senior Loan amount outstanding may not exceed the Maximum Amount of Credit.
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Maximum Amount of Credit means, on any date, the least of:
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Maximum Amount of Credit means the lesser of (a) the Credit Cap or (b) the amount to which the Total Commitment has been permanently reduced pursuant to Section 4.2.1. Each reduction of the Credit Cap shall ratably reduce each Lender's Commitment."
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Maximum Amount of Credit means the lesser of (a) $125,000,000 or (b) the amount to which the Total Commitment has been permanently reduced pursuant to Section 4.2.1.
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Maximum Amount of Credit means initially $10,000,000 and thereafter shall mean the amount to which the Maximum Amount of Credit shall have been reduced as provided in Sections 2.4 and 2.5 hereof.
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