Revolving Credit Loan Cap Amount definition

Revolving Credit Loan Cap Amount means, as of any date of determination: (a) $62,000,000, minus (b) the aggregate amount of all mandatory repayments required to be made by the Borrower under Section 2.4(b)(vi), Section 2.4(b)(vii), Section 2.4(b)(viii), Section 2.4(b)(ix) or Section 2.4(b)(x) through the date of such determination.
Sample 1
Revolving Credit Loan Cap Amount means, as of any date of determination: (a) (i) during the period from the Third Amendment to Limited Waiver Agreement Effective Date until the earlier of September 30, 2016 and the date on which the Borrower completes the Pending Transaction (such earlier date, the “First Stepdown Date”), $69,000,000, (ii) during the period from the First Stepdown Date until December 31, 2016, the lower of (A) $65,000,000 and (B) $69,000,000 minus the Net Cash Proceeds from the Pending Transaction, and (iii) from and after December 31, 2016, $62,000,000, minus (b) the aggregate amount of all mandatory repayments required to be made by the Borrower under Section 2.4(b)(vi), Section 2.4(b)(vii) (other than as a result of the completion of the Pending Transaction prior to September 30, 2016), Section 2.4(b)(viii), Section 2.4(b)(ix) or Section 2.4(b)(x) through the date of such determination.
Sample 1
Revolving Credit Loan Cap Amount means, as of any date of determination, the total of (a) from June 1, 2017 through and including June 4, 2017, $33,119,517, (b) from June 5, 2017 through and including June 8, 2017, (i) upon the Lenders’ approval (which may be by email) following written request from the Borrower, $34,619,517 or such lesser amount as the Lenders approve following such written request, or (ii) if no such request is made or approval granted, $33,119,517, and (c) from June 9, 2017 and at all times thereafter, $31,619,517 minus the aggregate amount of all mandatory repayments required to be made by the Borrower under Section 2.4(b)(vi), Section 2.4(b)(vii), Section 2.4(b)(viii), Section 2.4(b)(ix) or Section 2.4(b)(x) through the date of such determination.
Sample 1

More Definitions of Revolving Credit Loan Cap Amount

Revolving Credit Loan Cap Amount means, as of any date of determination, the total of (a) from June 9, 2017 through and including June 11, 2017, $36,224,169.91 plus (b) from June 12, 2017 and at all times thereafter, additional amounts that may be agreed to by the Administrative Agent in writing, in its sole discretion, but in any event, such additional amounts shall not exceed $3,000,000 in the aggregate minus the aggregate amount of all mandatory repayments required to be made by the Borrower under Section 2.4(b)(vi), Section 2.4(b)(vii), Section 2.4(b)(viii), Section 2.4(b)(ix) or Section 2.4(b)(x) through the date of such determination.
Sample 1

Related to Revolving Credit Loan Cap Amount

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Credit Loans as defined in Section 2.1.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Aggregate Revolving Credit Exposure means the aggregate amount of the Lenders’ Revolving Credit Exposures.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

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

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.