Used Equipment Loan Sublimit means $150,000,000.
Used Equipment Loan Sublimit means $125,000,000.
Used Equipment Loan Sublimit means $100,000,000.
Inventory Sublimit means the amount(s) set forth in Section 1(d) of Schedule A.
Swingline Facility means the swingline facility established pursuant to Section 2.2.
Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.
Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.
Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.
L/C Sublimit has the meaning ascribed to it in Annex B.
Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Revolving Commitments and $200,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
Available Facility Amount shall have the meaning specified in paragraph 2B(1).
Replacement Loans has the meaning specified in Section 10.01.
Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.
Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).
Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.
Borrowing Base Amount means:
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.
Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.
Maximum Revolving Advance Amount means $30,000,000.
L/C Facility means the letter of credit facility established pursuant to Article III.
Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.
Swingline Sublimit means an amount equal to the lesser of (a) $15,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.
Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.
Term Loan Advances are each defined in Section 2.1.1(a).
Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.
Equipment Line is an Equipment Advance or Equipment Advances in an aggregate amount of up to One Million Dollars ($1,000,000).