Revolving Line Commitment definition

Revolving Line Commitment is, for any Lender, the obligation of such Lender to make a Revolving Advance, up to the principal amount shown on Schedule 1.1. “Revolving Line Commitments” means the aggregate amount of such commitments of all Lenders.

Revolving Line Commitment means, for any Lender, the obligation of such Lender to make Advances in accordance with and subject to Section 2.1.1 of this Agreement. “Revolving Line Commitments” means the aggregate amount of such commitments of all Lenders.

Revolving Line Commitment means, as to any Lender, the obligation of such Lender, if any, to make Advances and participate in Letters of Credit in an aggregate principal amount not to exceed the amount set forth under the heading “Revolving Line Commitment” opposite such Lender’s name on Schedule 2.1 or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof (including in connection with assignments permitted hereunder).

Examples of Revolving Line Commitment in a sentence

• Each borrowing by Borrower from Lenders hereunder shall be made according to the respective Term Loan Commitment Percentages, or Revolving Line Commitment Percentages, as the case may be, of the relevant Lenders.

• DoubleLine Capital LP Name of IndividualPosition and OfficeDetails of Experience Jeffrey GundlachChief Executive Officer, Chief Investment Officer and Portfolio Manager Associated with this sub-advisor since 2009Jeffrey ShermanDeputy Chief Investment Officer and Portfolio ManagerAssociated with this sub-advisor since 2009The portfolio sub-advisory agreement between CAMI and DoubleLine Capital LP may be terminated by either party on 30 days’ prior written notice to the other party.

• Except as otherwise expressly provided for in this Section 2.7, Advances under the Revolving Line shall be made pro rata from Lenders holding Revolving Line Commitments which are not Defaulting Lenders based on their respective Revolving Line Commitment Percentages, and no Revolving Line Commitment Percentage of any Lender or any pro rata share of any Advances under the Revolving Line required to be advanced by any Lender shall be increased as a result of any Lender being a Defaulting Lender.

• Subject to the terms and conditions of this Agreement, the Lenders agree, severally and not jointly, to make Advances to Borrower according to each Lender’s Revolving Line Commitment as set forth on Schedule 1 hereto, in an aggregate amount not exceeding, at any time outstanding, the Availability Amount.

• As a result some tenants will see an increase in the amount deducted from their housing benefit.

More Definitions of Revolving Line Commitment

Revolving Line Commitment means $9,000,000.00.

Revolving Line Commitment has the meaning set forth in Section 4.01.

Revolving Line Commitment means the principal amount made available by each Noteholder to the Borrower in respect of Revolving Advances pursuant to the terms hereof, in an amount up to the principal amount set forth on Schedule 1.1(a).

Revolving Line Commitment means $15,000,000.00, subject to reduction pursuant to Section 2.7 hereof.

Revolving Line Commitment means, in the case of each Lender that is a Lender on the date hereof, the amount set forth opposite such Lender’s name on Schedule I as such Lender’s “Revolving Line Commitment”.

Revolving Line Commitment means, in the case of each Lender that is a Lender on the date hereof, the amount set forth opposite such Lxxxxx’s name on Schedule I as such Lender’s “Revolving Line Commitment”.

Revolving Line Commitment is, as to any Lender, the obligation of such Lender, if any, to make Advances and to participate in Letters of Credit in an aggregate principal amount not to exceed the amount set forth under the heading “Revolving Line Commitment” opposite such Lender’s name on Schedule A or in the assignment or joinder agreement to which such Lender becomes a party hereto, as the amount of any such obligation may be adjusted from time to time pursuant to the terms hereof (including in connection with assignments permitted hereunder). The Letter of Credit Commitment is a sublimit of the Revolving Line Commitment.