Revolver Commitment Amount
Revolver Commitment Amount. The maximum outstanding principal amount plus Letter of Credit Exposure the Bank agrees from time to time to make available under the Revolver Commitment Amount (initially stipulated to be equal to $8,700,000.00), subject to the Collateral Borrowing Base calculations and the QCR
Found in
EMPIRE PETROLEUM CORP contract
Revolver Commitment Amount. Shall be the maximum outstanding principal amount plus Letter of Credit Exposures the Bank agrees from time to time to make available under the Revolver Commitment (currently stipulated to be equal to $25,000,000.00). Revolver Commitment. The Revolver Commitment is hereby increased to the maximum principal amount of $50,000,000.00 until the Revolver Final Maturity Date, subject to the restrictions contained in the Existing Loan Agreement, as amended by this First Amendment (as amended, the...
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Found in
Ring Energy, Inc. contract