Maximum Revolving Commitment Amount definition

Maximum Revolving Commitment Amount means Six Million and No/100 ----------------------------------- Dollars ($6,000,000.00), or such lesser amount that Borrower may request as hereinafter provided.
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Maximum Revolving Commitment Amount set forth in Section 1.1. of the Loan Agreement is deleted in its entirety and restated as follows:
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Maximum Revolving Commitment Amount means Ten Million and 00/100 Dollars ($10,000,000.00), or such lesser amount that Borrower may request as hereinafter provided.
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Examples of Maximum Revolving Commitment Amount in a sentence

  • Any increase requested pursuant to this Section 2.11 shall be allocated as a pro rata increase in the Term Loan and the Maximum Revolving Commitment Amount (based upon the principal balance of the Term Loan and the Maximum Revolving Commitment Amount as of the related “Increase Effective Date” as defined below).

  • Any increase in the Term Loan pursuant to this Section 2.11 shall be funded by the Lenders participating in such increase in the Term Loan and the Maximum Revolving Commitment Amount on the related Increase Effective Date.

  • Such payments and the costs of curing such defaults shall constitute Advances under the Revolving Note and shall be secured pursuant to this Agreement notwithstanding that such Advances may cause the unpaid principal balance of the Loan to exceed the Maximum Revolving Commitment Amount.

  • It is currently being used in a number of applications in air conditioning and refrigeration, hy- draulic control and air pressure control.

  • Any increase requested pursuant to this Section 2.15 shall be allocated as a pro rata increase in the Term Loan and the Maximum Revolving Commitment Amount (based upon the principal balance of the Term Loan and the Maximum Revolving Commitment Amount as of the date of any increase under this Section 2.15).


More Definitions of Maximum Revolving Commitment Amount

Maximum Revolving Commitment Amount means, an amount equal to the Revolving Commitments of all Lenders, which aggregate commitment shall be $75,000,000.00 on the Restatement Effective Date, as such amount may be adjusted from time to time in accordance with the Credit Agreement.
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Maximum Revolving Commitment Amount means Five Million and 00/100 Dollars ($5,000,000.00), or such lessor amount that Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount means Fifteen Million and 00/100 Dollars ($15,000,00.00), or such lesser amount that Borrower may request as hereinafter provided.”
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Maximum Revolving Commitment Amount means Fifty-Five Million and 00/100 Dollars ($55,000,000.00).
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Maximum Revolving Commitment Amount means: (a) prior to June 17, 2010, Three Million Seven Hundred Fifty Thousand and 00/100 Dollars ($3,750,000.00), or such lesser amount that the Borrower may request as hereinafter provided; and (b) from and after June 17, 2010, Six Million and 00/100 Dollars ($6,000,000.00), or such lesser amount that the Borrower may request as hereinafter provided; subject in each case to reduction by an amount equal to the undrawn amount of the Existing Letter of Credit upon the expiration or cancellation thereof.”
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Maximum Revolving Commitment Amount. Three Million and 00/100 Dollars ($3,000,000.00).
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Maximum Revolving Commitment Amount means Three Million Five Hundred Thousand Dollars ($3,500,000), which amount may be reduced, at the Borrower's option, as hereinafter provided.
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