Total Revolving Commitment definition

Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.
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Total Revolving Commitment means, at any time, the sum of the Revolving Commitments at such time.
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Total Revolving Commitment means, at any time, the sum of the Revolving Commitments of each of the Lenders at such time.
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Examples of Total Revolving Commitment in a sentence

  • At no time shall the sum of the then outstanding aggregate principal amount of the Revolving Loans plus the LC Exposure exceed the Total Revolving Commitment.

  • Upon the issuance, amendment, renewal or extension of each Letter of Credit, the Borrower shall be deemed to represent and warrant that, after giving effect to such issuance, amendment, renewal or extension, (x) the LC Exposure shall not exceed the LC Commitment and (y) the aggregate amount of the Unused Total Revolving Commitment shall not be less than zero.

  • Any reduction of the Unused Total Revolving Commitment pursuant to this Section 2.11 shall be applied to reduce the Revolving Commitment of each Revolving Lender on a pro rata basis.

  • Each such reduction of the Unused Total Revolving Commitment shall be in the principal amount not less than $1,000,000 and in an integral multiple of $1,000,000.

  • At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire Unused Total Revolving Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.02(e).


More Definitions of Total Revolving Commitment

Total Revolving Commitment means the sum of the Revolving Commitments of each of the Lenders.
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Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.02(b). As of the Closing Date, the amount of the Total Revolving Commitment is $190,000,000.
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Total Revolving Commitment means, as of any date of determination, the aggregate amount of the Revolving Commitments on such date, which as of the Closing Date is $200,000,000.
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Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders.
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Total Revolving Commitment means, at any time, the sum of the Revolving Commitments of each of the Revolving Lenders at such time. The Total Revolving Commitment on the Closing Date is $300,000,000.
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Total Revolving Commitment means the sum of all Revolving Commitments pursuant to this Agreement. On the Closing Date, the Total Revolving Commitment shall be $25,000,000, as set forth on Annex A, as the same may be (a) reduced from time to time pursuant to Section 2.07 or Section 2.16(b) and (b) increased from time to time pursuant to Incremental Revolving Loan Commitments.
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Total Revolving Commitment means, at any time, the aggregate amount of the Revolving Commitments, as in effect at such time.
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