Maximum Revolving Credit Amount definition
Maximum Revolving Credit Amount means $85,000,000.00.
Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments existing at such time.
Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.
Examples of Maximum Revolving Credit Amount in a sentence
The Revolving Credit Lenders shall be obligated to fund such Protective Advances and effect a settlement with the Revolving Agent therefor upon demand of the Revolving Agent in accordance with their respective Revolving Credit Commitments to the extent that after giving effect to any such Protective Advances, the Outstanding Amount of Revolving Loans plus the Outstanding Amount of the L/C Obligations do not exceed the Maximum Revolving Credit Amount.
More Definitions of Maximum Revolving Credit Amount
Maximum Revolving Credit Amount means $100,000,000.
Maximum Revolving Credit Amount means, as to each Revolving Credit Lender, the amount set forth opposite such Revolving Credit Lender’s name on Annex I under the caption “Maximum Revolving 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 Revolving Credit Amounts pursuant to Section 2.07(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).
Maximum Revolving Credit Amount means, as to each Lender, the amount set forth opposite such Lender's name on ANNEX I under the caption "Maximum Revolving Credit Amounts" (as the same may be reduced pursuant to Section 2.03(b) pro rata to each Lender based on its Percentage Share), as modified from time to time to reflect any assignments permitted by Section 12.06(b).
Maximum Revolving Credit Amount means, at any particular time: (i) the lesser of (A) the Aggregate Revolving Loan Commitment at such time minus the aggregate outstanding L/C Obligations at such time and (B) the Borrowing Base at such time minus the aggregate outstanding L/C Obligations in respect of standby Letters of Credit at such time minus (ii) the amount of any Decision Reserve in effect at such time.
Maximum Revolving Credit Amount contained in Section 1.1 of the Credit Agreement are hereby amended to read as follows:
Maximum Revolving Credit Amount means, at any particular time, the lesser of (i) the Aggregate Revolving Loan Commitment at such time and (ii) the Borrowing Base (Monthly) at such time.
Maximum Revolving Credit Amount means (a) during the Increased Commitment Period, $225,000,000, and (b) at all other times, $200,000,000.