Amount of the Credit Line Sample Clauses

Amount of the Credit Line. (a) Subject to III.A.3(b) and (c) below, until such time as all payment Obligations (as such term is defined in the Participated IFSA) owed to the Ally Parties under the Participated IFSA (the “Participated IFSA Payment Obligations”) are fully and indefeasibly paid and performed in accordance with the terms thereof, the aggregate amount of credit available pursuant to this Agreement (the “Credit Line”) will be $0 and the Ally Parties will not be required to advance funds to Dealership or any other party under this Agreement. Provided the Dealership is not in Default under the Participated IFSA or this Agreement (and no event, circumstance, or condition has occurred or exists that with the passage of time, the giving of notice, or both would constitute a Default under either of such agreements), effective upon the date of full and indefeasible payment of all Participated IFSA Payment Obligations in immediately available funds (the “Credit Line Effective Date”), through the Maturity Date, the credit limit under the Credit Line will be $2,000,000,000.00. At no time will the Ally Parties be obligated to make advances under both this Agreement and the Participated IFSA other than as contemplated in III.A.3(b) and (c) below. (b) The Ally Parties and Dealership recognize that for administrative convenience, the Dealership may desire to refinance principal amounts outstanding under the Participated IFSA (the “Participated IFSA Principal”) with the initial funds advanced hereunder rather than remitting payment for such obligations. Upon the satisfaction of the conditions outlined in (i)-(iii) below and upon Dealership’s request (the “Request for Refinancing”), which must be received at least 30 days prior to the Maturity Date of the Participated IFSA, the Ally Parties will refinance the Participated IFSA Principal with the initial advance made under this Agreement. Such refinancing will constitute an advance by the Ally Parties to the Dealership hereunder. (i.) the amount of Participated IFSA Principal owed to the Ally Parties and all participants under the Participated IFSA is $2,000,000,000.00 or less; (ii.) all accrued interest, fees, and expenses owed under the Participated IFSA have been fully and indefeasibly paid; and (iii.) no Default under the Participated IFSA or this Agreement has occurred and no event, circumstance, or condition has occurred or exists thereunder or hereunder that with the passage of time, the giving of notice, or both would constitute a...

Amount of the Credit Line. The aggregate amount of credit available pursuant to this Agreement (the “Credit Line”) is $2,250,000,000.00. C. Effective as of December 1, 2021, a new Subsection III.A.8 is added to the IFSA as follows:

Amount of the Credit Line. The aggregate amount of the credit available pursuant to this Agreement (the “Credit Line”) shall be as follows: (a) From August 4, 2017 through December 31, 2017 — $275,000,000.00; (b) From January 1, 2018 through November 1, 2018 — $350,000,000.00; and (c) From November 2, 2018 through October 31, 2020 — $650,000,000.00. D. Dealership will pay the Ally Parties a one-time non-refundable “Seventh Amendment Commitment Fee” equal to [***], payable on the effective date of this Amendment. E. Effective as of November 2, 2018, the Interest rate is 1‑M LIBOR Index Rate plus an “Increment” of 340 basis points. This modifies Subsection III.B(1) of the IFSA. F. Section III.B(1) of the IFSA is further amended by adding the following at the end of such subsection: G. All other provisions of the IFSA remain unchanged and in full force and effect as written. In the event of a conflict between the terms of the IFSA and this Amendment, the terms of this Amendment prevail. H. Except as provided above, the IFSA and all other agreements between each of the Ally Parties and the Dealership remain in full force and effect as written. I. If any provision of this Amendment is held to be invalid or unenforceable by a court of competent jurisdiction, all other provisions remain valid and enforceable. J. This Amendment: a. May be modified only by a writing signed by all parties. b. May be signed in counterparts, each of which is deemed an original, and all of which taken together constitute one and the same agreement. The signatures of the parties, exchanged via fax or e-mail, shall constitute and be deemed original signatures for all purposes. c. Binds and inures to the benefit of the parties and their respective successors and assigns. d. Constitutes the entire agreement of the parties with respect to its subject matter. --------------- [***] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.

Amount of the Credit Line. The aggregate amount of credit available pursuant to this Agreement (the “Credit Line”) is $125,000,000.00.

Amount of the Credit Line. As of the Effective Date of this Agreement, the aggregate amount of credit that may be extended by the Ally Parties pursuant to this Agreement (the “Credit Line”) shall not exceed $450,000,000 . The Ally Parties commit to make the Credit Line available to the Dealership during the Term of this Agreement, up to the amount of the Monthly Floorplan Allowance, as defined herein.

Amount of the Credit Line. The aggregate amount of credit available pursuant to this Agreement (the “Credit Line”) is: $2,200,000,000.00. Other than as provided in the Non-Participated IFSA, at no time will the Ally Parties be obligated to make advances under both this Agreement and the Non-Participated IFSA.

Amount of the Credit Line. As of the effective date of this Agreement, the aggregate amount of credit that may be extended by the Ally Parties pursuant to this Agreement (the “Credit Line”) is $30,000,000.00. Further details about the numbers, amounts and types of Vehicles allocated under the Credit Line will be provided by the Ally Parties. Either or both of the Ally Parties may modify the amount of credit it is willing to extend under the Credit Line including the numbers, amounts, and types of Vehicles allocated under it and any such modification will not constitute an amendment to this Agreement. As such, the Credit Line, including the numbers, amounts, and types of Vehicles, is subject to change from time to time, at the discretion of either or both of the Ally Parties.

Amount of the Credit Line. As of the effective date of this Agreement, the aggregate amount of credit that may be extended by the Ally Parties pursuant to this Agreement (the “Credit Line”) is up to $25,000,000.00, subject to the restrictions contained herein. Further details about the numbers, amounts and types of Vehicles allocated under the Credit Line will be provided by the Ally Parties. Either or both of the Ally Parties may modify the amount of credit it is willing to extend under the Credit Line including the numbers, amounts, and types of Vehicles allocated under it and any such modification will not constitute an amendment to this Agreement. As such, the Credit Line, including the numbers, amounts, and types of Vehicles, is subject to change from time to time, at the discretion of either or both of the Ally Parties.

Amount of the Credit Line. The aggregate amount of the credit available pursuant to this Agreement (the “Credit Line”) is $200,000,000. D. Dealership will pay the Ally Parties a one-time non-refundable “Commitment Fee” equal to [***] [calculated as [***] of the Credit Line provided under Section III.A.3 above: ($200,000,000 x [***] = [***])], payable on the effective date of this Amendment. E. All other provisions of the IFSA remain unchanged and in full force and effect as written. In the event of a conflict between the terms of the IFSA and this Amendment, the terms of this Amendment prevail. F. Except as provided above, the IFSA and all other agreements between each of the Ally Parties and the Dealership remain in full force and effect as written. G. If any provision of this Amendment is held to be invalid or unenforceable by a court of competent jurisdiction, all other provisions remain valid and enforceable. H. This Amendment: a. May be modified only by a writing signed by all parties. b. May be signed in counterparts, each of which is deemed an original, and all of which taken together constitute one and the same agreement. The signatures of the parties, exchanged via fax or e-mail, shall constitute and be deemed original signatures for all purposes. c. Binds and inures to the benefit of the parties and their respective successors and assigns. d. Constitutes the entire agreement of the parties with respect to its subject matter. [***] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission.