Maximum Revolver Amount definition

Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of this Agreement and increased by the amount of any Increase made in accordance with Section 2.14 of this Agreement.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Maximum Revolver Amount means $25,000,000.

Maximum Revolver Amount means $50,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

Examples of Maximum Revolver Amount in a sentence

In no event may the Revolver Commitments and the Maximum Revolver Amount be increased pursuant to this Section 2.17 on more than six (6) occasions in the aggregate for all such Increases from and after the Closing Date.
Borrowers shall take any actions reasonably required by Agent to ensure and demonstrate that the Liens and security interests granted by the Loan Documents continue to be perfected under the Code or otherwise after giving effect to the establishment of any such new Revolver Commitments and Maximum Revolver Amount.
No Lender shall have an obligation to settle with Agent for such Extraordinary Advances that cause the aggregate Revolver Usage to exceed the Maximum Revolver Amount or a Lender's Pro Rata Share of the Revolver Usage to exceed such ▇▇▇▇▇▇'s Revolver Commitments as provided in Section 2.3(e) (or Section 2.3(g), as applicable).

Maximum Revolver Amount means $25,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

Maximum Revolver Amount means $40,000,000, as decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

Maximum Revolver Amount means $15,000,000.

Maximum Revolver Amount means $50,000,000.

Maximum Revolver Amount means $30,000,000.

Maximum Revolver Amount means $20,000,000.

Maximum Revolver Amount means $10,000,000.