Maximum Revolving Credit Amount definition

Maximum Revolving Credit Amount means $85,000,000.00.

Maximum Revolving Credit Amount means, at any particular time, the lesser of (i) the Aggregate Revolving Loan Commitment at such time and (ii) the Borrowing Base (Monthly) at such time.

Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.

Examples of Maximum Revolving Credit Amount in a sentence

• The aggregate principal amount of unpaid cash Advances by each Lender shall not at any time exceed each Lender’s Applicable Percentage of the Maximum Revolving Credit Amount as set forth on Exhibit A.

• If, at any time the sum of the aggregate principal amount of outstanding Revolving Loans exceeds the Maximum Revolving Credit Amount, the Borrower shall, upon demand, immediately prepay an amount equal to such excess, together with accrued interest to the date of such prepayment on the principal amount prepaid.

• The aggregate principal amount of unpaid cash Advances shall not at any time exceed the Maximum Revolving Credit Amount.

• Subject to the terms and conditions of this Agreement, the Lender shall make revolving credit loans (the “Revolving Loans”) to the Borrower from time to time from the Effective Date to and including the Termination Date, up to but not exceeding the Maximum Revolving Credit Amount (except in the Lender’s sole and absolute discretion) in the aggregate principal amount at any one time.

More Definitions of Maximum Revolving Credit Amount

Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments existing at such time.

Maximum Revolving Credit Amount means $100,000,000.

Maximum Revolving Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Revolving Credit Amounts” (as the same may be reduced pursuant to Section 2.03(b) pro rata to each Lender based on its Percentage Share), as modified from time to time to reflect any assignments permitted by Section 12.06(b).

Maximum Revolving Credit Amount means, as to each Revolving Credit Lender, the amount set forth opposite such Revolving Credit Lender’s name on Annex I under the caption “Maximum Revolving Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Revolving Credit Amounts pursuant to Section 2.07(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

Maximum Revolving Credit Amount contained in Section 1.1 of the Credit Agreement are hereby amended to read as follows:

Maximum Revolving Credit Amount means the sum of Forty-Two Million Five Hundred Thousand and 00/100 Dollars ($42,500,000.00).

Maximum Revolving Credit Amount means (a) during the Increased Commitment Period, $225,000,000, and (b) at all other times, $200,000,000.