Maximum Credit Amount definition

Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

Maximum Credit Amount means the maximum amount of Credit a Project is eligible to receive pursuant to Section 3.C.

Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b), (b) modified from time to time pursuant to Section 2.06(c) or (c) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

Examples of Maximum Credit Amount in a sentence

• Please be advised that the undersigned Additional Revolving Credit Lender has agreed (a) to become a Revolving Credit Lender under the Credit Agreement effective [ ], 20[ ] (the “Additional Lender Effective Date”) with a Maximum Credit Amount of $[ ] and an Elected Commitment of $[ ] and (b) that it shall be a party in all respects to the Credit Agreement and the other Loan Documents.

• The Administrative Agent shall have received duly executed Notes (or any amendment and restatement thereof, as the case may be) payable to each Lender (including each New Lender) requesting a Note (or amendment and restatement thereof, as the case may be) in a principal amount equal to its Maximum Credit Amount (as amended hereby) dated as of the Third Amendment Effective Date.

• The Applicable Percentage of the Maximum Credit Amount and of the Elected Commitment assigned must be equal.

More Definitions of Maximum Credit Amount

Maximum Credit Amount means, as to any Bank, the amount set forth opposite such Bank’s name on Schedule 1 under the caption “Maximum Credit Amount”, as such amount may be terminated, reduced or increased from time to time in accordance with the provisions hereof.

Maximum Credit Amount means no more than $700,000.00 by the Eligibility Deadline.

Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender's name on Annex I under the caption "Maximum Credit Amounts" plus such Lender's Percentage Share of any amount of interest paid in kind pursuant to Section 3.02(b) hereof (as the same may be reduced pursuant to Section 2.03(b) hereof as modified from time to time to reflect any assignments permitted by Sections 12.06(b) and (c)).

Maximum Credit Amount means the amount, if any, determined by the

Maximum Credit Amount set forth in Article I of the Agreement is hereby amended to read, in its entirety, as follows:

Maximum Credit Amount means the maximum amount of credit available to the Borrowers hereunder, which in the first instance shall be $350,000,000, as the same may be reduced from time to time pursuant to Section 2.02 hereof.

Maximum Credit Amount means the lesser of (a) the Aggregate Commitments and (b) the Aggregate Borrowing Base.