Revolving Loan Maximum Amount definition

Revolving Loan Maximum Amount means Two Hundred and Five Million Dollars ($205,000,000), which is the Aggregate Commitment, as such amount may be increased pursuant to Section 2.17 or reduced from time to time pursuant to Section 2.5.

Revolving Loan Maximum Amount has the meaning assigned to such term in the Intercreditor Agreement.

Revolving Loan Maximum Amount means $100,000,000. The Revolving Loan Maximum Amount may be decreased pursuant to Section 2.3 or increased pursuant to Section 2.9.

Examples of Revolving Loan Maximum Amount in a sentence

• If the Revolving Loan Maximum Amount is increased in accordance with this Section 2.9, the Agent and the Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.

• Any Increase in the Aggregate Commitment shall also constitute an increase in the Revolving Loan Maximum Amount by a like amount.

• For purposes of this Section 2.1(c), (x) the aggregate principal amount of all Overadvances shall not exceed $500,000 at any time; and (y) no Overadvance shall cause the aggregate principal amount of all Revolving Loans to exceed the Revolving Loan Maximum Amount.

• The DIP Revolving Loan Maximum Amount shall be deemed defined as $3,725,000.

• If at any time the Three-Year Revolving Loan exceeds the Three-Year Revolving Loan Maximum Amount of Credit, the Borrower shall within one Banking Day pay the amount of such excess to the Administrative Agent as a prepayment of the Three-Year Revolving Loan.

More Definitions of Revolving Loan Maximum Amount

Revolving Loan Maximum Amount means $30,000,000."

Revolving Loan Maximum Amount set forth in the Intercreditor Agreement of any Person other than the Loan Parties that shall be permitted under this clause (g) shall not exceed $10,000,000;

Revolving Loan Maximum Amount means $60,000,000."

Revolving Loan Maximum Amount is hereby amended, substituted and replaced to read "Revolving Credit Loan Maximum Amount" throughout the Loan Agreement (as modified hereby), and the definition of "Revolving Loan Maximum Amount" is hereby substituted and replaced with the following "Revolving Credit Loan Maximum Amount" definition:

Revolving Loan Maximum Amount means, as of any date of determination, the result of (a) (i) $66,000,000 and (ii) interest, fees, indemnities and expenses arising under any Revolving Loan Document (including any such amounts which would accrue and become due but for the commencement of an Insolvency Proceeding, whether or not such amounts are allowed or allowable in whole or in part in such case) (in the case of interest and fees, solely to the extent accrued on, or related to, the portion of the principal amount set forth in clause (a)(i)), minus (b) the aggregate amount of all permanent reductions of the Revolving Loan Commitments (as calculated without giving effect to any termination of the Revolving Loan Commitments as a result of any default by any Grantor under the Revolving Loan Agreement), plus (c) (i) the aggregate amount of all Unintentional Overadvances and (ii) the aggregate amount of all Protective Advances made in accordance with Section 2.2 of the Revolving Loan Agreement as in effect on the date hereof, collectively in the case of clauses (c)(i) and (ii), up to a maximum aggregate amount of $6,000,000, plus (d) Bank Product Obligations owning to Revolving Loan Secured Parties up to a maximum aggregate amount of $8,000,000.

Revolving Loan Maximum Amount means the lesser of (i) $5,000,000.00 or (ii) seventy percent (70%) of the value of the $5,000,000.00 Revolving Loan Primary Collateral, as indicated by (x) newly prepared and updated appraisals of the $5,000,000.00 Revolving Loan Primary Collateral acceptable to Bank effective as of the date prepared and delivered to Bank (or updates of the values presented in the appraisals of the $5,000,000.00 Revolving Loan Primary Collateral previously delivered to and accepted by Bank) or (y) recertifications of the accuracy and values presented in the appraisals of the $5,000,000.00 Revolving Loan Primary Collateral previously delivered to and accepted by Bank.” (b)

Revolving Loan Maximum Amount means $100,000,000. The Revolving Loan Maximum Amount may be decreased pursuant to Section 2.3 or increased pursuant to Section 2.9.”