Common use of Facility Limit Clause in Contracts

Facility Limit. On the date of and after giving effect to any issuance of Letters of Credit to be made on such date, the Aggregate Revolving Credit Exposure shall not exceed the Facility Limit.

Appears in 2 contracts

Sources: Senior Secured Debtor in Possession Credit Agreement (Hi-Crush Inc.), Restructuring Support Agreement (Hi-Crush Inc.)

Facility Limit. On At the date time of and immediately after giving effect to any issuance such Loan or the issuance, amendment, renewal or extension of Letters such Letter of Credit to be made on such dateCredit, as applicable, the Aggregate Revolving Credit Exposure shall not exceed the Facility Limit.

Appears in 1 contract

Sources: Credit Agreement (Hi-Crush Inc.)