Examples of Maximum Revolving Facility Amount in a sentence
Literature on PPPs, their benefits and various countries‟ experiences is reviewed in the last section.
On the effective date of each permanent reduction of the Maximum Revolving Facility Amount and the Revolving Loan Commitments, Borrowers will be required to pay the Early Termination Fee with respect to the amount by which the Maximum Revolving Facility Amount and the Revolving Loan Commitments are reduced.
If at any time for any reason whatsoever (including as a result of currency fluctuations) (i) the outstanding balance of all Revolving Loans exceeds the lesser of (x) the Maximum Revolving Facility Amount minus Reserves established against the Maximum Revolving Facility Amount and (y) the Borrowing Base or (ii) any of the Loan Limits for Revolving Loans are exceeded, then, in each case, Borrowers will immediately pay to Agent such amounts as shall cause Borrowers to eliminate such excess.
Transmission Customer shall, within thirty (30) days following the Notice of Decision, submit to Transmission Provider a deposit equal to the Transmission Service Charge for one month of Firm Transmission Service unless, prior to such date, Transmission Provider determines that Transmission Customer is creditworthy, in which case the requirement to make such deposit shall be waived.
Borrower Representative may, at its option from time to time (but in no event more than five (5) times prior to the Maturity Date), permanently reduce the aggregate Maximum Revolving Facility Amount and the Revolving Loan Commitments (by a corresponding amount) upon at least thirty (30) days’ prior written notice to Agent, which notice shall specify the amount and effective date of the reduction and may be conditioned upon the closing of another transaction.