REDRAW LIMIT definition

REDRAW LIMIT means 2% of the sum of the aggregate of the Stated Amounts of the Class A Notes, Class B Notes and Class C Notes (as adjusted by the Manager on each anniversary of this agreement) or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless each Designated Rating Agency has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note or the withdrawal of the rating of any Note.
REDRAW LIMIT means, at any time, the lesser of:
REDRAW LIMIT means $35,000,000 or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Trust Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless the Designated Rating Agency for each Class of Notes has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note of the relevant Class or the withdrawal of the rating of any Note of the relevant Class.

More Definitions of REDRAW LIMIT

REDRAW LIMIT means [*]% of the sum of the aggregate of the A$ equivalent of the Stated Amounts of the [Class A Notes, Class B Notes and Class C] Notes (as determined by the Manager and as adjusted by the Manager on each anniversary of this agreement and notified to the Trustee and the Redraw Facility Provider) or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless each Designated Rating Agency has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note or the withdrawal of the rating of any Note.
REDRAW LIMIT has the meaning given to it in the Redraw Facility Agreement in respect of the Trust.
REDRAW LIMIT means 2% of the sum of the aggregate of the A$ equivalent of the Stated Amounts of the Class A Notes, Class B Notes and Class C Notes (as determined by the Manager and as adjusted by the Manager on each anniversary of this agreement and notified to the Trustee and the Redraw Facility Provider) or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless each Designated Rating Agency has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note or the withdrawal of the rating of any Note.
REDRAW LIMIT means 2% of the sum of the aggregate of the Stated Amounts of the Class A Notes, Class B Notes and Class C Notes (as adjusted by the Manager on each anniversary of this agreement) or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless the Designated Rating Agency for each Class of Notes has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note of the relevant Class or the withdrawal of the rating of any Note of the relevant Class.
REDRAW LIMIT means the Redraw Limit as defined in the Redraw Facility Agreement.
REDRAW LIMIT means $30,000,000, or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Trust Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless the Designated Rating Agency for each Class of Notes has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note of the relevant Class or the withdrawal of the rating of any Note of the relevant Class.

Related to REDRAW LIMIT

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • 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.

  • Loan Limit means, at any time, the lesser of (a) the Total Commitment at such time and (b) the Borrowing Base at such time (including as it may be reduced pursuant to Section 2.14(h)).

  • 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.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.