Revolving Loan Amount means Nineteen Million Five Hundred Thousand and 00/100 Dollars ($19,500,000.00), reducing to Fifteen Million and 00/100 Dollars ($15,000,000.00) upon the earlier to occur of (i) the Project Completion Date, and (ii) the date of funding of the Mortgage Loan in accordance with Section 2A.
Revolving Loan Amount means, effective as of March 31, 2015, the amount of up to THIRTY MILLION AND NO/100 DOLLARS ($30,000,000.00), plus any sum in addition thereto advanced by Lender in its sole and absolute discretion in accordance with the Loan Documents, to be disbursed pursuant to the terms and conditions of this Agreement.
Revolving Loan Amount means Fifteen Million and 00/100 Dollars ($15,000,000.00).
Examples of Revolving Loan Amount in a sentence
The aggregate amount of Committed Revolving Loans to be made hereunder together with the Letter of Credit Usage shall not exceed the Revolving Loan Amount.
More Definitions of Revolving Loan Amount
Revolving Loan Amount has the meaning ascribed to such term in the recitals hereto.
Revolving Loan Amount. Five Million and 00/100 Dollars ($5,000,000.00).
Revolving Loan Amount. An amount which shall not at any time be greater than Three Hundred Million Dollars ($300,000,000), as determined from time to time according to the terms of this Agreement.
Revolving Loan Amount means the sum of the Revolving Commitments, which amount initially is One Billion One Hundred Million and 00/100 Dollars ($1,100,000,000) (as adjusted pursuant to Sections 2.11(e) and 9.17).
Revolving Loan Amount means, as of the Fifth Modification Effective Date, the amount of up to FORTY MILLION AND NO/100 DOLLARS ($40,000,000.00), plus any sum in addition thereto advanced under the Revolving Loan by Lender in accordance with the Loan Documents or otherwise pursuant to a request by Borrower, in each case in Lender’s sole and absolute discretion, to be disbursed pursuant to the terms and conditions of this Agreement; provided, however, that the Revolving Loan Amount shall be permanently and automatically reduced by the amount of any Term Out Loan Advance without any action of the Borrower or Lender upon the conversion of any amounts outstanding under the Revolving Loan into a Term Out Loan Advance in accordance with Section 2.1(c).
Revolving Loan Amount definition, set forth in Section 1.1 of the Credit Agreement, is hereby deleted, and the following revised definition of "Revolving Loan Amount" is set forth in lieu thereof:
Revolving Loan Amount is set forth in lieu thereof: