Maximum Line Amount definition

Maximum Line Amount is defined in Section 1.1(a).

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Maximum Line Amount means $8,000,000 unless this amount is reduced pursuant to Section 2.10, in which event it means such lower amount.

Maximum Line Amount means $3,000,000, unless this amount is reduced pursuant to Section 2.12, in which event it means such lower amount.

Examples of Maximum Line Amount in a sentence

If the aggregate amount of the Revolving Credit Exposure at any time exceeds the Maximum Line Amount, the excess shall be immediately due and payable without necessity of demand by the Lender.
The Lender agrees, subject to the terms and conditions of this Agreement, to make advances (“Advances”) to the Borrower from and after the Closing Date to and until (but not including) the Termination Date, in an amount not to exceed the Maximum Line Amount less the Letter of Credit Exposure.
The Borrower may, prior to the Termination Date, by written notice to the Lender, request a one-time increase in the Maximum Line Amount in an aggregate amount not to exceed $5,000,000.
The increase to the Maximum Line Amount shall be subject to the prior written consent of the Lender.

Maximum Line Amount means $1,400,000, unless this amount is reduced pursuant to Section 2.12, in which event it means such lower amount.

Maximum Line Amount means an amount up to Eleven Million Dollars ($11,00,000.00).”

Maximum Line Amount means $5,000,000.

Maximum Line Amount means $15,000,000.

Maximum Line Amount means $20,000,000, unless this amount is reduced pursuant to Section 2.11, in which event it means such lower amount.

Maximum Line Amount means $10,000,000.

Maximum Line Amount means Two Million Five Hundred Thousand ($2,500,000.00) Dollars.