Allocated Facility Amount definition

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances and the then Facility Letter of Credit Obligations.

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances (including all Swingline Loans and Competitive Bid Loans), and the then outstanding Facility Letter of Credit Obligations.

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances and the then outstanding Facility Letter of Credit Obligations.

Examples of Allocated Facility Amount in a sentence

• Any Competitive Bid Loan shall not reduce the Commitment of the Bid Lender making such Competitive Bid Loan (except as the availability of other Advances is reduced by the increase in the Allocated Facility Amount due to such Competitive Bid Loan) and each such Bid Lender shall continue to be obligated to fund its full percentage of all pro rata Advances under the Facility.

• In addition to ratable Advances pursuant to Section 2.5, but subject to the terms and conditions of this Agreement (including, without limitation the limitation set forth in Section 2.1(a) as to the maximum Allocated Facility Amount), the Borrower may, as set forth in this Section 2.16, but only during a Rating Period, request the Lenders, prior to the Maturity Date, to make offers to make Competitive Bid Loans to the Borrower.

• Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of Borrower and General Partner contained herein, Lenders agree, severally and not jointly, to make Advances through the Administrative Agent to Borrower from time to time prior to the Maturity Date, provided that the making of any such Advance will not cause the then Allocated Facility Amount to exceed the then-current Aggregate Commitment.

• In addition to ratable Advances pursuant to Section 2.5, but subject to the terms and conditions of this Agreement (including, without limitation the limitation set forth in S ection 2.1(a) as to the maximum Allocated Facility Amount), the Borrower may, as set forth in this S ection 2.16, but only during a Rating Period, request the Lenders, prior to the Maturity Date, to make offers to make Competitive Bid Loans to the Borrower.

• In no event shall the Swing Line Lender be required to fund a Swing Line Loan if it would increase the sum of (i) the Swing Line Lender’s Percentage of the total aggregate outstanding Swing Line Loans hereunder, plus (ii) its Percentage of Facility Letter of Credit Obligations, plus (iii) its other outstanding Loans (other than Competitive Bid Loans) to an amount in excess of its Commitment or if it would cause the Allocated Facility Amount to exceed the Aggregate Commitment.

More Definitions of Allocated Facility Amount

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances.

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances (including all Swingline Loans), and the then Facility Letter of Credit Obligations.

Allocated Facility Amount means, as to each Lender, the obligation of such Lender to make, on and subject to the terms and conditions hereof, Advances to the Borrower pursuant to

Allocated Facility Amount means, as to each Lender, the obligation of such Lender to make, on and subject to the terms and conditions hereof, Advances to the Borrower pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding for such Lender up to but not exceeding the amount set forth opposite the name of such Lender on Schedule 1 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Allocated Facility Amount, as applicable, as such amount may be reduced from time to time pursuant to Section 2.07 or increased or reduced from time to time pursuant to assignments effected in accordance with Section 13.06(a).

Allocated Facility Amount means, as to each Lender, the obligation of such Lender to make, on and subject to the terms and conditions hereof, Advances to the Borrower pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding for such Lender up to

Allocated Facility Amount means, at any time, the sum of all then outstanding Advances (including all Swingline Loans). "APPLICABLE LAWS" is defined in SECTION 6.26(b) hereof. "APPLICABLE MARGIN" means the applicable margin set forth in the table in SECTION 2.6 used in calculating the interest rate applicable to the various types of Advances, which shall vary from time to time in accordance with the Borrower's Leverage Ratio, all in the manner set forth in SECTION 2.6. "BASE RATE" means a rate per annum equal to the rate of interest announced by BOFA from time to time as its reference rate, changing when and as such reference rate changes. "BASE RATE ADVANCE" means an Advance that bears interest at the Adjusted Base Rate. "BOFA" means Bank of America National Trust and Savings Association. "BORROWER" means Great Lakes REIT, L.P., together with its permitted successors and assigns. "BORROWING DATE" means a Business Day on which an Advance is made to the Borrower. "BORROWING NOTICE" is defined in SECTION 2.11(a) hereof. "BUSINESS DAY" means a day, other than a Saturday, Sunday or holiday, on which banks are open for business in Chicago, Illinois and, where such term is used in reference to the selection or determination of the Adjusted LIBOR Rate, in London, England. "CAPITAL STOCK" means any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent equity ownership

Allocated Facility Amount means, at any time, the sum of all then Outstanding Loans and Letter of Credit Liabilities.