Maximum Line of Credit Amount definition

Maximum Line of Credit Amount means, as of any date of determination, an amount equal to:

Maximum Line of Credit Amount means Twelve Million Dollars ($12,000,000) less any amounts outstanding pursuant to the Auxiliary Revolver Facility.

Maximum Line of Credit Amount means One Million Nine Hundred Thousand Dollars ($1,900,000), subject to reduction as described in Section 2.9 of this Agreement".

Examples of Maximum Line of Credit Amount in a sentence

• The aggregate principal amount of Advances, both outstanding and repaid, shall not exceed in the aggregate the Maximum Line of Credit Amount.

• If the aggregate amount of advances made and outstanding under the Line of Credit shall at any time and for any reason exceed the Maximum Line of Credit Amount or the Borrowing Base, Borrower shall immediately pay Bank the excess.

• Borrower agrees to pay an unused commitment fee on any difference between the Maximum Line of Credit Amount and the amount of advances under the Line of Credit, determined by the average of the daily amount of credit outstanding during the specified period.

• Where it has been established that the application was filed in breach of the provision governing unity of invention, the Patent Office shall invite the applicant to file divisional applications.

• Borrower shall not request any advance of proceeds of the Line of Credit which exceeds the Maximum Line of Credit Amount or the Borrowing Base or which would cause the aggregate amount of advances made and outstanding under the Line of Credit to exceed the Maximum Line of Credit Amount or the Borrowing Base.

More Definitions of Maximum Line of Credit Amount

Maximum Line of Credit Amount means Twelve Million Dollars ($12,000,000).

Maximum Line of Credit Amount means Two Million Dollars ($2,000,000).

Maximum Line of Credit Amount means Seven Million Five Hundred Thousand Dollars ($7,500,000).

Maximum Line of Credit Amount means, as of any date of determination, an amount equal to: for the period commencing on February 1st of each fiscal year through and including March 31st of such fiscal year, $35,000,000, for the period commencing on April 1st of each fiscal year through and including September 30th of such fiscal year, $45,000,000, for the period commencing on October 1st of each fiscal year through and including October 31st of such fiscal year, $35,000,000, and for the period commencing on November 1st of each fiscal year through and including January 31st of the subsequent fiscal year, $20,000,000.

Maximum Line of Credit Amount means One Million Nine Hundred Thousand Dollars ($1,900,000) or such greater amount as the Lender may consent to in writing from time to time.

Maximum Line of Credit Amount means Eight Million US Dollars ($8,000,000).

Maximum Line of Credit Amount means, as of any date of determination, the then outstanding Effective Amount of the Existing Letters of Credit, but in no event more than $2,851,802.35.