Sublimit definition
Sublimit means the aggregate amount of Warehousing Advances (expressed as a dollar amount or as a percentage of the Warehousing Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan.
Sublimit means one or more (as the context requires) of the sublimits described in Section 4.2.
Sublimit means, with respect to each Borrower, its Initial Sublimit, as the same may be modified from time to time pursuant to Sections 2.08 and 2.17; provided that a Borrower’s Sublimit shall at no time exceed such Borrower’s Maximum Sublimit.
Examples of Sublimit in a sentence
Any Revolver Increase shall increase the Sublimit by a proportionate amount (or such other amount as may be agreed upon between the Borrower and the Lender).
More Definitions of Sublimit
Sublimit means the Exelon Sublimit, the ComEd Sublimit, the PECO Sublimit or the Genco Sublimit.
Sublimit means the aggregate amount of Advances (expressed as a dollar amount or as a percentage of the Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan.
Sublimit means, individually, the DEI Sublimit, the VaPower Sublimit, the Questar Gas Sublimit or the SCE&G Sublimit and collectively, the “Sublimits”.
Sublimit means, individually, the DEI Sublimit, the VaPower Sublimit, the Questar Gas Sublimit or the DESC Sublimit and collectively, the “Sublimits”.
Sublimit means each of the PHI Sublimit, the PEPCO Sublimit, the DPL Sublimit and the ACE Sublimit.
Sublimit means the Company Sublimit or an applicable Designated Borrower Sublimit, as the context may indicate.
Sublimit means the limit for the applicable Mortgage Loan type set forth in the Sublimit, Rate and Term Schedule of the Addendum. For a Purchased Mortgage Loan that is a Wet-Ink Mortgage Loan, such Mortgage Loan shall be subject to both the Sublimit for a Wet-Ink Mortgage Loan and the Sublimit applicable to such Mortgage Loan type. For a Purchased Mortgage Loan that is a Cooperative Mortgage Loan, such Mortgage Loan shall be subject to the Sublimit for a Wet-Ink Mortgage Loan, Conforming Mortgage Loan or Jumbo Mortgage Loan, as applicable.