Maximum Term Facility Amount definition

Maximum Term Facility Amount. “Maximum Term Facility Amount” has the meaning set forth in Section 2.3(a).
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Maximum Term Facility Amount has the meaning set -------------------------------- forth in Section 2.1B(a).
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Maximum Term Facility Amount shall be an amount equal to the lesser of (i) seventy-five percent (75%) of the Appraisal of the Real Property (which Appraisal shall have been updated if Agent so requests); and (ii) the product of 5.2 multiplied by Adjusted Cash Flow as of the date of Company's request to increase the Initial Maximum Term Facility Amount; provided, however, in no event shall the Maximum Term Facility -------- ------- Amount exceed SEVENTY-FIVE MILLION and NO/100 DOLLARS ($75,000,000.00).
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Examples of Maximum Term Facility Amount in a sentence

  • No proceeds from a Specified Borrower's Accounts shall be deposited into the Facility Deposit Accounts, the HHLP Concentration Account or the Intermediate Concentration Account, and no assets of a Specified Borrower may be used in calculating availability under the Borrowing Base or the Maximum Term Facility Amount.

  • Maximum Term Facility Amount" has the meaning set -------------------------------- forth in Section 2.1B(a).

  • Initial Maximum Term Facility Amount" has the -------------------------------------- meaning set forth in Section 2.1B(a).

  • Additional Commitment Amount" means the Maximum Term ------------------------------- Facility Amount less the Initial Maximum Term Facility Amount.


More Definitions of Maximum Term Facility Amount

Maximum Term Facility Amount means an amount equal to (a) the Initial Term Facility Amount for the period from the Closing Date up to, but not including, the first anniversary of the Closing Date, (b) 90% of the Initial Term Facility Amount for the period from the first anniversary of the Closing Date up to, but not including, the second anniversary of the Closing Date, (c) 70% of the Initial Term Facility Amount for the period from the second anniversary of the Closing Date up to, but not including, the third anniversary of the Closing Date, (d) 50% of the Initial Term Facility Amount from and after the third anniversary of the Closing Date.
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Maximum Term Facility Amount means an amount equal to Nine Million and No/100 Dollars ($9,000,000.00).
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Maximum Term Facility Amount means (i) $66,000,000 in principal, minus (ii) the amount of any permanent repayment of the Term Loan Obligations made after the date hereof.
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Maximum Term Facility Amount means US$100,000,000 as the same is reduced in accordance with Sections 2.8 and 3.1 and Article 7 hereof.
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Related to Maximum Term Facility Amount

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Revolver Amount means $25,000,000.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum 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 Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Maximum Revolving Amount means $10,000,000.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000).

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).