Maximum Amount of Credit definition

Maximum Amount of Credit. Section 2.1.1. "Maximum Leverage Ratio" Section 7.10.1. "Offshore Rate" Section 3.3.1. "Partnership Agreement" Section 7.13. "Payment Date" Section 3.1. "Permitted Liens" Section 7.7. "Plan Assets" Section 7.16. "Pledged Indebtedness" Section 6.1.4.(c) "Pledged Rights" Section 6.1.4.(b) "Pledged Securities" Section 6.1.4.(c) "Pledged Stock" Section 6.1.4.(a) "Secured Obligations" Section 6.1 "Swap Contracts" Section 3.5

Maximum Amount of Credit is defined in Section 2.1.2

Maximum Amount of Credit means, on any date, the lesser of (a) (i) from the initial Closing Date through June 22, 2022, $20,000,0000, (ii) from June 23, 2022 through June 22, 2023, $15,000,0000 and (iii) from June 22, 2023 to the Final Maturity Date, $10,000,000, in each case, or such other amount as may be agreed by the Borrower and the Lender, and (b) the amount (in an integral multiple of $10,000) to which the then applicable amount set forth in clause (a) above shall have been irrevocably reduced from time to time by notice from the Borrower to the Lender.

Examples of Maximum Amount of Credit in a sentence

• The Maximum Amount of Credit does not increase when you hold one Card Account with us and you are approved for another Card Account.

• If you do not set a Credit Limit for a Card Account, the Credit Limit for that Card Account is the Maximum Amount of Credit.

• Credit Limit and Maximum Amount of CreditIf you have a Card Account for a Mastercard Card and Card Account for a UnionPay Card, those Cards will share your total Maximum Amount of Credit as the Credit Limit unless you specify a separate Credit Limit for one Card Account.

• We will enable you to decrease your Maximum Amount of Credit online or over the phone by contacting our Customer Service Hotline.We will agree to a request to decrease the Maximum Amount of Credit (subject to any minimum amount of credit required by this Card).

• If you have 2 or more Card Accounts, you cannot reduce the Credit Limit on both Card Accounts without reducing the Maximum Amount of Credit for all Card Accounts.

More Definitions of Maximum Amount of Credit

Maximum Amount of Credit means $250,000,000, unless this amount is increased or reduced pursuant to Sections 2.7, 3.5, 4.2.1 or 14, in which event it means such higher or lower amount. Each reduction of the Maximum Amount of Credit shall ratably reduce each Lender’s Commitment.

Maximum Amount of Credit means an amount equal to the lesser of (i) $55,000,000 or (ii) the amount (being an integral multiple of $100,000) to which such figure shall have been irrevocably reduced from time to time by the Company pursuant to Section 2.10.

Maximum Amount of Credit means, on any date, the least of:

Maximum Amount of Credit. Section 2.1.1. "Maximum Leverage Ratio" Section 7.10.1. "Offshore Rate" Section 3.3.1. "Partnership Agreement" Section 7.13. "Payment Date" Section 3.1. "Permitted Liens" Section 7.7. "Plan Assets" Section 7.16. "Pledged Indebtedness" Section 6.1.4.(c) "Pledged Rights" Section 6.1.4.(b) "Pledged Securities" Section 6.1.4.(c) "Pledged Stock" Section 6.1.4.(a) "Secured Obligations" Section 6.1 "Swap Contracts" Section 3.5 The term "Adjusted Capital" shall mean the sum of (i) aggregate Partners' capital contributions to the Company, minus (ii) the aggregate amount of cash and any other property that has been distributed (or deemed distributed) as distributions of Partners' capital by the Company to the Partners from the proceeds of sales of the Systems as determined by the Corporate General Partner.

Maximum Amount of Credit shall be equal to, as of a particular measuring date, the sum of accounts receivables and customer activations in various categories, calculated as set forth in Exhibit C; provided, however, the Installment Sale Credit Amount and the Senior Loan amount outstanding may not exceed the Maximum Amount of Credit.

Maximum Amount of Credit means initially $10,000,000 and thereafter shall mean the amount to which the Maximum Amount of Credit shall have been reduced as provided in Sections 2.4 and 2.5 hereof.

Maximum Amount of Credit means the lesser of (a) $125,000,000 or (b) the amount to which the Total Commitment has been permanently reduced pursuant to Section 4.2.1.