Line of Credit Loan Commitments definition

Line of Credit Loan Commitments means collectively, the Line of Credit Loan Commitments for all the Lenders.
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Line of Credit Loan Commitments means collectively, the Line of Credit Loan Commitments for all Lenders.” “ ‘Merger’ means that certain merger of the Borrower with and into a wholly-owned subsidiary of Green Plains Renewable Energy, whereby the Borrower became a wholly-owned subsidiary of Green Plains Renewable Energy on or about October 22, 2010.” “ ‘Support and Subordination Agreement’ means that certain Support and Subordination Agreement dated as of October 22, 2010 among the Borrower, Green Plains Renewable Energy and the Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time.” “ ‘Support Contribution’ has the meaning set forth in the Support and Subordination Agreement.”
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Examples of Line of Credit Loan Commitments in a sentence

  • Any partial reduction of the Line of Credit Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments of each of the Lenders.

  • Swing Line Loans shall be considered usage of the Line of Credit Loan Commitments for purposes of this Section 6.1.

  • The aggregate outstanding principal amount of Swing Line Loans must not at any time exceed the Swing Line Sublimit, and no Swing Line Loans may be made to the extent that the sum of (i) the aggregate outstanding principal amount of the Line of Credit Loans, (ii) the aggregate outstanding amount of the LC Obligations and (iii) the aggregate outstanding principal amount of all Swing Line Loans would exceed either the Borrowing Base or the aggregate Line of Credit Loan Commitments.

  • Any partial reduction of the Line of Credit Loan Commitments or the Term Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments or the Term Loan Commitments, as applicable, of each of the Lenders.

  • Commencing on the Closing Date, the Borrower agrees to pay to the Agent for distribution to the Lenders (based on their applicable respective Pro Rata Percentages) a quarterly non-use fee (the “Non-Use Fee”) on the daily average unused amount of the Line of Credit Loan Commitments and the Term Loan Commitments, as the case may be, at the applicable rate per annum for the relevant Financial Performance Level set forth in the definition of Applicable Margin.

  • Swing Line Loans shall not be considered usage of the Line of Credit Loan Commitments for purposes of this Section 6.1.

  • Furthermore, no Swing Line Bond Loan may be made to the extent that the sum of (i) the aggregate outstanding principal amount of the Line of Credit Loans, (ii) the aggregate outstanding amount of the LC Obligations and (iii) the aggregate outstanding principal amount of all Swing Line Loans would exceed either the Borrowing Base or the aggregate Line of Credit Loan Commitments.

  • The Borrower shall have the right, upon at least five Business Days’ written notice to the Lenders, to terminate the Line of Credit Loan Commitments, (i) in whole, or (ii) in part, in a minimum amount of $5,000,00 and an integral multiple of $5,000,000, but not to an amount less than $50,000,000.

  • The aggregate outstanding principal amount of Regular Swing Line Loans must not at any time exceed the Regular Swing Line Sublimit, and no Regular Swing Line Loans may be made to the extent that the sum of (i) the aggregate outstanding principal amount of the Line of Credit Loans, (ii) the aggregate outstanding amount of the LC Obligations and (iii) the aggregate outstanding principal amount of all Swing Line Loans would exceed either the Borrowing Base or the aggregate Line of Credit Loan Commitments.

  • Borrower has requested that the Line of Credit Loan Commitments be increased from $175,000,000 to $200,000,000 for six months and U.S. Bank has agreed to increase its Line of Credit Loan Commitment from $45,000,000 to $70,000,000 for six months to cover this requested increase.

Related to Line of Credit Loan Commitments

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Credit Loans as defined in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.