Maximum Revolving Advance Amount definition

Maximum Revolving Advance Amount means $30,000,000.
Maximum Revolving Advance Amount means $50,000,000.
Maximum Revolving Advance Amount means $40,000,000, plus any increases in accordance with Section 2.24.

Examples of Maximum Revolving Advance Amount in a sentence

  • If at any time the aggregate balance of outstanding Revolving Advances, Swing Loans and/or Advances taken as a whole exceeds the maximum amount of such type of Advances and/or Advances taken as a whole (as applicable) permitted hereunder, such excess Advances shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or an Event of Default has occurred, including as a result of a change in the applicable Maximum Revolving Advance Amount.

  • Borrowers have requested that Lenders and Agent amend the Credit Agreement in certain respects, including without limitation to provide a one-time seasonal increase to the Maximum Revolving Advance Amount, which Lenders and Agent are willing to do on the terms and subject to the conditions contained in this Amendment.


More Definitions of Maximum Revolving Advance Amount

Maximum Revolving Advance Amount means $12,000,000.
Maximum Revolving Advance Amount means $25,000,000.
Maximum Revolving Advance Amount set forth in Section 1.2 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
Maximum Revolving Advance Amount means $20,000,000.
Maximum Revolving Advance Amount means $15,000,000.
Maximum Revolving Advance Amount means $10,000,000.
Maximum Revolving Advance Amount means $18,000,000.