Maximum Credit definition
Maximum Credit means, at any time, the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time.
Maximum Credit means the amount of $25,000,000.
Maximum Credit means the percentage listed below of the
Examples of Maximum Credit in a sentence
For the period from and including the date hereof to but not including the date that the Loan Account is terminated, the Borrower shall pay to the Bank a facility fee at the rate of one eighth of one percent (0.125%) per annum (computed on the basis of a year of 360 days for the actual number of days elapsed) on the amount (calculated on a daily basis) equal to the amount of the Maximum Credit less the Loans outstanding on each such date.
More Definitions of Maximum Credit
Maximum Credit set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:
Maximum Credit is set forth in Section 10.1(a) hereof.
Maximum Credit means the amount of $110,000,000.
Maximum Credit means $100,000,000.
Maximum Credit means the amount of $20,000,000.
Maximum Credit means $75,000,000.
Maximum Credit means the amount of $12,000,000.