Maximum Revolving Advance Amount definition

Maximum Revolving Advance Amount means $40,000,000, plus any increases in accordance with Section 2.24.
Maximum Revolving Advance Amount means $60,000,000.
Maximum Revolving Advance Amount means $50,000,000.

Examples of Maximum Revolving Advance Amount in a sentence

  • Except as provided in Section 16.2(e) hereof, the aggregate balance of Revolving Advances plus Swing Loans outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.


More Definitions of Maximum Revolving Advance Amount

Maximum Revolving Advance Amount means $20,000,000.
Maximum Revolving Advance Amount means $25,000,000.
Maximum Revolving Advance Amount means $15,000,000.
Maximum Revolving Advance Amount means $40,000,000.
Maximum Revolving Advance Amount means $18,000,000.
Maximum Revolving Advance Amount means commencing as of the Nineteenth Amendment Effective Date, (a) during the period commencing on June 1 of each fiscal year of VMC and ending on August 31 of such fiscal year, $65,000,000, (b) during the period (i) commencing on February 1 of each fiscal year of VMC and ending on May 31 of such fiscal year and (ii) commencing on September 1 of each fiscal year of VMC and ending on September 30 of such fiscal year, $60,000,000 (c) during the period commencing on October 1 of each fiscal year of VMC and ending on November 30 of such fiscal year, $40,000,000 and (d) during the period commencing on December 1 of each fiscal year of VMC and ending on the last day of January in such fiscal year, $30,000,000.”
Maximum Revolving Advance Amount means $30,000,000.