Maximum Revolving Commitment definition

Maximum Revolving Commitment means an amount equal to the aggregate Revolving Commitments of the Revolving Lenders, as such amount may be increased from time to time pursuant to Section 2.22 or decreased pursuant to Section 2.09. As of the SecondSixth Amendment Effective Date, the Maximum Revolving Commitment is an amount equal to Eight Hundred Thirty-Five Million Dollars ($835,000,000)$1,257,357,368.19.
Maximum Revolving Commitment means Forty Million Dollars ($40,000,000).
Maximum Revolving Commitment means $1,250,000.00.

Examples of Maximum Revolving Commitment in a sentence

  • Immediately prior to and after giving effect to any Advance under Section 2.03(b), the Outstanding Principal Amount of Revolving Credit Advances shall not exceed the Maximum Revolving Commitment Amount and the Outstanding Principal Amount of Revolving Credit Advances made by each Lender (and the obligations of such Lender under Section 2.01(b)(ii) and (iii)) shall not exceed such Lender’s Revolving Commitment.

  • Any increase in the Term Loan pursuant to this Section 2.11 shall be funded by the Lenders participating in such increase in the Term Loan and the Maximum Revolving Commitment Amount on the related Increase Effective Date.

  • Any increase requested pursuant to this Section 2.11 shall be allocated as a pro rata increase in the Term Loan and the Maximum Revolving Commitment Amount (based upon the principal balance of the Term Loan and the Maximum Revolving Commitment Amount as of the related “Increase Effective Date” as defined below).

  • For purposes of calculating usage under this Section, the Maximum Revolving Commitment shall be deemed used to the extent of Revolving Outstandings.

  • Accrued but unpaid interest shall not be included the aggregate outstanding balance of the Revolving Credit Loans for purposes of determining whether such balance has exceeded the Maximum Revolving Commitment.


More Definitions of Maximum Revolving Commitment

Maximum Revolving Commitment means Twenty Million Dollars ($20,000,000).
Maximum Revolving Commitment means an amount equal to (i) prior to the Tenth Amendment Closing Date, such amount provided in the Credit Agreement as in effect at such time, (ii) during the period from the Ninth Amendment Closing Date through December 31, 2002, an amount equal to Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00), and (iii) from and after January 1, 2003, an amount equal to Three Million and 00/100 Dollars ($3,000,000.00).
Maximum Revolving Commitment means Thirty Million Dollars ($30,000,000).
Maximum Revolving Commitment means as of any time of determination (a) $5,000,000, minus, (b) the aggregate amount of all reductions therein (if any) pursuant to Section 3.4, and shall be $0 upon any termination of the obligations of the Purchaser to purchase Revolving Notes hereunder pursuant to Section 3.1(a), 3.4, 11.1 or otherwise.
Maximum Revolving Commitment means Fifteen Million and 00/100 Dollars ($15,000,000.00).
Maximum Revolving Commitment means: (a) from the First Amendment Effective Date through, and including, December 16, 2010, Forty-Four Million Five Hundred Thousand Dollars ($44,500,000); and (b) at all other times, Forty Million Dollars ($40,000,000).
Maximum Revolving Commitment means $1,250,000.00, an increase of $500,000.00 from Credit Agreement dated November 13, 2012.