Maximum Credit Line definition

Maximum Credit Line means $167,100,000, as such amount may be reduced from time to time (A) pursuant to and in accordance with Section 2.3 and Section 13.12,
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Maximum Credit Line has the meaning set forth on Schedule 1.
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Maximum Credit Line means the sum of One Million ($1,000,000.00) Dollars.
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Examples of Maximum Credit Line in a sentence

  • The aggregate principal amount of the outstanding balance at any time to the Borrower shall not exceed the Maximum Credit Line, provided, however, that if, at any time of for any reason, there is an Over Advance (as defined below), Borrower shall immediately pay to MCI, in cash, the amount of such excess.

  • MCI may make advances to Borrower (each, an “Advance”), in MCI’s sole and absolute discretion, up to the Borrowing Base and not to exceed the Maximum Credit Line.

  • If, at any time and for any reason, the amount of Advances made pursuant to Section 2.1 and such supplement, if any, exceed the percentage or dollar limitations set forth in Section 2.1 and in such supplement, as applicable, or if all of Borrower’s Obligations, at any time and for any reason, exceed the Maximum Credit Line or any of the limitations set forth in Section 2.1 (each, an “Over Advance”), then Borrower shall immediately pay to MCI, in cash, the amount of such excess.


More Definitions of Maximum Credit Line

Maximum Credit Line means $25,000,000, or such higher amount as Lender may agree to in its sole discretion.
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Maximum Credit Line means Two Million Dollars ($2,000,000.00) or such other amount as may be determined from time to time by Summit in its sole discretion.
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Maximum Credit Line means One Million Seven Hundred and Fifty Thousand and 00/100 Dollars ($1,750,000.00).
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Maximum Credit Line means $50,000,000.
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Maximum Credit Line means Two Million Two Hundred Thousand Dollars ($2,200,000).
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Maximum Credit Line means seven hundred fifty thousand Dollars ($750,000) or such other amount as may be determined from time to time by Summit in its sole discretion.
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Maximum Credit Line means $45,000,000.
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