Total Line definition

Total Line. Cap: as of any date of determination, the lesser of (i) the Commitments as of such date of determination and (ii) the Total Borrowing Base as of such date of determination.
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Examples of Total Line in a sentence

  • Total Line Amount Obligated For Reimbursable Agreements, enter the total line amount obligated for the product(s) and/or service(s) that will be delivered for this Order Line.

  • Each reduction of the Total Line of Credit Commitment shall be accompanied by payment of Line of Credit Loans to the extent that the principal amount of Line of Credit Outstandings exceeds the Total Line of Credit Commitment after giving effect to such reduction, together with accrued and unpaid interest on the amounts prepaid.

  • For the period beginning on the Closing Date and ending on the Line of Credit Termination Date, the Borrower agrees to pay to the Agent, for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, an unused fee equal to the Applicable Unused Fee for the Line of Credit Facility multiplied by the average daily amount by which the Total Line of Credit Commitment exceeds the aggregate principal amount of Line of Credit Outstandings.

  • Total (Line A.1 – A.2) $ 1 provided that any cash and Cash Equivalents attributable to Foreign Subsidiaries shall be calculated net of any reasonably anticipated repatriation costs and expenses of domesticating such cash and Cash Equivalents from such Foreign Subsidiaries as determined by the Borrower in good faith.

  • Salt Lake City UT 84102 ▇▇▇▇▇ ▇emple -------------------------------------------------------------------------------------------------------------- Southwestern General Hospital 6743135 7400 Barlite Blvd.

  • For the period beginning on the Closing Date and ending on the Line of Credit Termination Date, the Borrower agrees to pay to the Agent, for the pro rata benefit of the Lenders based on their Applicable Commitment Percentages, an unused fee equal to the Applicable Unused Fee multiplied by the average daily amount by which the Total Line of Credit Commitment exceeds the aggregate principal amount of Line of Credit Outstandings.

  • The Borrower shall, by notice from an Authorized Representative, have the right from time to time but not more frequently than once each calendar month, upon not less than three (3) Business Days' written notice to the Agent, effective upon receipt, to permanently reduce the Total Revolving Credit Commitment or the Total Line of Credit Commitment.

  • A Letter of Credit shall be issued, amended, renewed or extended only if (and on issuance, amendment, renewal or extension of each Letter of Credit the Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (i) the LC Exposure shall, subject to Sections 2.09(b) and 2.23(f), not exceed $60,000,000, and (ii) the aggregate amount of Credit Extensions shall not exceed the Total Line Cap.

  • The Total Line of Credit Loan Commitment shall be reduced by the face amount of each Letter of Credit issued hereunder until the earlier of (i) the expiration or termination thereof, and (ii) payment by Borrower to the Issuing Bank of its reimbursement obligation with respect thereto.

  • TOTAL LINE LIMIT: $9,000,000.00 TERMS OF SALE: PROGRESS ▇▇▇▇▇▇▇▇ - NET 30 ACCOUNTS BORROWING BASE/LIMIT Total borrowing base up to 50% of Accounts (as defined in the next sentence) to a maximum of Total Line Limit ("Borrowing Base").

Related to Total Line

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Total Liabilities is on any day, obligations that should, under GAAP, be classified as liabilities on Borrower’s consolidated balance sheet, including all Indebtedness.

  • Consolidated Total Net Debt means, as of any date of determination, the aggregate principal amount of Indebtedness of the Borrower and its Restricted Subsidiaries outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the Transactions or any Permitted Acquisition), consisting of Indebtedness for borrowed money, purchase money indebtedness, Attributable Indebtedness, and debt obligations evidenced by promissory notes, bonds, debentures, loan agreements or similar instruments, minus the aggregate amount of all unrestricted cash and Cash Equivalents on the balance sheet of the Borrower and its Restricted Subsidiaries as of such date; provided that Consolidated Total Net Debt shall not include Indebtedness (i) in respect of letters of credit (including Letters of Credit), except to the extent of unreimbursed amounts thereunder; provided that any unreimbursed amount under commercial letters of credit shall not be counted as Consolidated Total Net Debt until three Business Days after such amount is drawn, (ii) for the avoidance of doubt, Non-Financing Lease Obligations and (iii) of Unrestricted Subsidiaries; it being understood, for the avoidance of doubt, that obligations under Swap Contracts do not constitute Consolidated Total Net Debt.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Consolidated Total Net Indebtedness means, on any date, the excess of (i) Consolidated Total Indebtedness over (ii) the lesser of (x) $500,000,000 and (y) the aggregate amount of unrestricted cash and cash equivalents of the Company and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP as of such date.