Line Block definition

Line Block means $0.00.

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Line Block means $11,000,000 or such lesser amount as the Required Banks may determine in their discretion from time to time.

Line Block means $10,000,000.

Examples of Line Block in a sentence

Any request for Loans under Section 2.2, whether written, telephonic, telecopy or otherwise, shall be deemed to be a representation by the Borrowers that (a) the amount of the requested Loans, when added to the Total Outstanding Revolving Amount, would not exceed the lesser of (i) the Revolving Commitment Amount minus the Line Block and (B) the Borrowing Base at such time, and (b) the statements set forth in Section 3.2 are correct as of the time of the request.
When and if the Line Block is eliminated pursuant to the definition of the term "Line Block", Borrowers shall pay to Lender on the date of such elimination, in immediately available funds, a fully earned and nonrefundable fee equal to $75,000, the payment of which shall be effected by Lender charging such fee to Borrower's Loan Account.
In support of Sample Task 1, the Government is willing to provide the VH-60N Single Line Block Diagram as Government-Furnished Information (GFI) to aid offerors in the preparation of their responses.

More Definitions of Line Block

Line Block has the meaning set forth in Section 2.1(b).”

Line Block means (i) from the Closing Date to the Line Block Release Date, $5,000,000, and (ii) commencing on the Line Block Release Date, zero Dollars ($0.00).

Line Block means an amount equal to $5,000,000.”

Line Block is hereby inserted to read as follows:

Line Block means (a) $20,000,000 less (b) any Commitment or aggregate Commitments successfully syndicated by Foothill to another Lender or Lenders up to a maximum amount, in the aggregate, of $20,000,000.

Line Block means an amount equal to $7,500,000, which amount may be decreased or eliminated upon the mutual written agreement of the Lender and the Parent and with the prior written consent of ▇▇▇▇▇ Fargo Bank, National Association."

Related to Line Block

Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.
Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).
Swing Line Borrowing Notice is defined in Section 2.4.2.
Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.
Line-make means the name of the motor vehicle manufacturer or distributor and a brand or name

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