Revolving Credit Optional Increase definition

Revolving Credit Optional Increase means an amount up to Forty Million Dollars ($40,000,000), minus the portions thereof applied from time to time under Section 2.18 hereof to increase the Revolving Credit Maximum Amount.
Revolving Credit Optional Increase means an amount up to Forty Million Dollars ($40,000,000), minus the portions thereof applied from time to time after the Effective Date under Section 2.17 hereof to increase the Revolving Credit Maximum Amount.
Revolving Credit Optional Increase means, at any time of determination, an amount equal to the difference between (i) $350,000,000 and (ii) the Revolving Credit Aggregate Commitment at such time.”

Examples of Revolving Credit Optional Increase in a sentence

  • The Company has also requested pursuant to Section 2.17 of the Credit Agreement to exercise the Revolving Credit Optional Increase available thereunder such that, concurrently with the effectiveness of this Third Amendment and Extension Agreement, the Revolving Credit Aggregate Commitment shall be increased to $345,000,000.


More Definitions of Revolving Credit Optional Increase

Revolving Credit Optional Increase means an amount up to Fifty Million Dollars ($50,000,000).
Revolving Credit Optional Increase means an amount up to Twenty Million Dollars ($20,000,000).
Revolving Credit Optional Increase means, at any time of determination, an amount equal to the difference between (i) $500,000,000 and (ii) the Revolving Credit Aggregate Commitment at such time.
Revolving Credit Optional Increase means Forty-One Million Five Hundred Thousand Dollars ($41,500,000).
Revolving Credit Optional Increase set forth in Article 1 of the Agreement is amended to read as follows:
Revolving Credit Optional Increase means an amount up to Thirty Five Million Dollars ($35,000,000).
Revolving Credit Optional Increase means Seventy One Million Five Hundred Thousand Dollars ($71,500,000).