Revolving Credit Maximum Amount definition

Revolving Credit Maximum Amount means One Hundred Twenty Million Dollars ($120,000,000), subject to any increases in the Revolving Credit Maximum Amount pursuant to Section 2.18 of this Agreement, by an amount not to exceed the Revolving Credit Optional Increase, and subject to any reductions or termination of the Revolving Credit Maximum Amount under Sections 2.15 or 9.2 of this Agreement.
Revolving Credit Maximum Amount means One Hundred Thirty Five Million Dollars ($135,000,000), subject to any increases in the Revolving Credit Maximum Amount pursuant to Section 2.18 of this Agreement, by an amount not to exceed the Revolving Credit Optional Increase, and subject to any reductions or termination of the Revolving Credit Maximum Amount under Sections 2.15 or 9.2 of this Agreement.
Revolving Credit Maximum Amount means the lesser of (a) $3,000,000 or (b) the maximum amount permitted by the Advance Formula Agreement.

Examples of Revolving Credit Maximum Amount in a sentence

  • The foregoing notwithstanding, (i) unless otherwise consented to by Majority Lenders, Overadvances shall not be outstanding for more than sixty (60) consecutive days, and (ii) unless otherwise consented to by all Lenders, no Overadvances shall be permitted to the extent that such Overadvances would cause the Aggregate Revolving Extensions to exceed the Revolving Credit Maximum Amount.


More Definitions of Revolving Credit Maximum Amount

Revolving Credit Maximum Amount means at any particular time, the lesser of (i) $7,000,000 and (ii) the combined Borrowing Base of the Borrowers in the aggregate.
Revolving Credit Maximum Amount. $250,000,000.00, as such amount may be reduced from time to time pursuant to the terms of the Agreement.
Revolving Credit Maximum Amount means Thirty-Two Million Dollars ($32,000,000).
Revolving Credit Maximum Amount means the lesser of (a) the Revolving Credit Commitment, or (b) the Borrowing Base Limitation.
Revolving Credit Maximum Amount means the aggregate amount of the Revolving Commitments at any time, as such amount may be increased or reduced from time to time pursuant to the terms hereof. The initial Revolving Credit Maximum Amount on the Agreement Date is $150,000,000.
Revolving Credit Maximum Amount means the lesser of (a) ONE MILLION DOLLARS ($1,000,000.00), or (b) the Borrowing Base Limitation.
Revolving Credit Maximum Amount means Thirteen Million Five Hundred Thousand Dollars ($13,500,000).