RLOC Commitment definition

RLOC Commitment means $175,000,000.

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RLOC Commitment means the lesser of: (1) $20,000,000 and (b) Total Commitment minus the amount outstanding under the NRLOC.” M. Section 2.1

RLOC Commitment means the lesser of: (1) $20,000,000 and (b) Total Commitment minus the amount outstanding under the NRLOC.”

Examples of RLOC Commitment in a sentence

Lender shall file any document necessary to release the Liens on the Collateral described herein, including, without limitation, appropriate UCC termination statements, upon the repayment in full of all Obligations and the earlier of (i) the termination of the RLOC Commitment and (ii) the RLOC Maturity Date.
The sum of all Standby Letter(s) of Credit outstanding plus outstanding balances under the RLOC shall at no time exceed then applicable RLOC Commitment.
Lender shall file any document necessary to release the Liens on the Collateral described herein, including, without limitation, appropriate UCC termination Loan Agreement Farm Credit of Southwest Florida ACA/Atlantic Blue Group, Inc., et a▇ statements, upon the repayment in full of all Obligations and the earlier of (i) the termination of the RLOC Commitment and (ii) the RLOC Maturity Date.
An unused commitment fee in the amount of 12.5 basis points (.125%) times the average daily balance of the unused portion of the RLOC Commitment computed annually in arrears on September 24th of each year commencing September 24, 2009 and payable within fifteen (15) days following each calendar year-end.
To the extent, for whatever reason, the outstanding principal balance of the Revolver Note should ever exceed the Maximum RLOC Commitment, Borrower shall immediately prepay principal on the Revolver Note, together with accrued but unpaid interest on such principal, in an amount equal to the excess.
Said title insurance shall be in an amount of not less than the RLOC Commitment and such policies shall such endorsements as may be required by Lender.
In no event shall any Advance of the Revolving Line of Credit be made if such Advance, together with all prior Advances under the Revolving Line of Credit which have not been repaid, would exceed the Maximum RLOC Commitment.
An unused commitment fee in the amount of 15 basis points (.15%) times the average daily balance of the unused portion of the RLOC Commitment computed annually in arrears on December 31 of each year commencing December 31, 2006 and payable within fifteen (15) days following each calendar year-end.
An unused commitment fee in the amount of 15 basis points (.15%) times the average daily balance of the unused portion of the RLOC Commitment if the average daily balance is (i) less than $75,000,000 from the Closing Date through on July 31, 2008, and (ii) less than $50,000,000 from August 1, 2008 through the RLOC Maturity Date, in each instance computed annually in arrears on December 31 of each year commencing December 31, 2006 and payable within fifteen (15) days following each calendar year-end.
The aggregate amount of Advances at any one time outstanding shall not exceed the Maximum RLOC Commitment.

More Definitions of RLOC Commitment

RLOC Commitment means $125,000,000.” (d) The following definitions are hereby added in the appropriate alphabetical order in Article 1:

RLOC Commitment means the lesser of: (a) $20,000,000 and (b) 65% of the Market Value of the Alico Stock.

RLOC Commitment means Fifteen Million and No/100 Dollars ($15,000,000.00).”

RLOC Commitment means the lesser of: (a) $20,000,000 and (b) 65% of the Market Value of the Alico Stock. Loan Agreement Farm Credit of Southwest Florida ACA/Atlantic Blue Group, Inc., et a▇

RLOC Commitment means $75,000,000.” (f) Section 1.54 is hereby deleted and the following substituted therefor:

RLOC Commitment means (i) from Closing through July 31, 2006, $175,000,000, (ii) from August 1, 2006 through July 31, 2007, $160,847,500, (iii) from August 1, 2007 through July 31, 2008, $129,752,500 and (iv) from August 1, 2008 until the RLOC Maturity Date, $100,000,000.