Revolving Loan Commitment

Example Definitions of "Revolving Loan Commitment"
Revolving Loan Commitment. Shall mean, at any time, as to each US Lender or Canadian Lender, the principal amount set forth below such Lender's signature on the signatures pages hereof designated as its Commitment or on Schedule 1 to the Assignment and Acceptance Agreement pursuant to which such Lender became a Lender thereunder in accordance with the provisions of Section 13.6 hereof, as the same may be adjusted from time to time in accordance with the terms thereof; sometimes being collectively referred to as the... "Revolving Loan Commitments". View More Arrow
Revolving Loan Commitment. Shall mean, at any time, as to each Lender, the principal amount set forth below designated as the Revolving Loan Commitment or on Schedule 1 to the Assignment and Acceptance Agreement pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 13.6 hereof, as the same may be adjusted from time to time in accordance with the terms hereof; sometimes being collectively referred... to herein as 'Revolving Loan Commitments': REVOLVING LOAN LENDER COMMITMENT PRO RATA SHARE ---------------------------------- ------------------------------- ----------------------------- Congress Financial Corporation $50,000,000 31.250% (Western) The CIT Group /Business Credit, $35,000,000 21.875% Inc. Bank of America, N.A. $30,000,000 18.750% PNC Bank, national association $25,000,000 15.625% LaSalle Business Credit, Inc. $20,000,000 12.500% View More Arrow
Revolving Loan Commitment. As defined in the Senior Credit Agreement.
Revolving Loan Commitment. Shall mean the lesser of (i) $20 million, or (ii) the Revolving Loan Commitment, as the same is reduced under Section 2(c) hereof.
Revolving Loan Commitment. Shall mean, with respect to each Revolving Loan Lender, the principal amount set forth on Exhibit A to this Amendment No. 1 for such Lender or for any party becoming a Revolving Loan Lender after the date hereof, the amount of such Lender's Commitment as set forth on Schedule 1 to the Assignment and Acceptance Agreement pursuant to which such Lender may become a Lender hereunder in accordance with the provisions of Section 13.7 of the Loan Agreement; as the same may be adjusted in accordance... with the terms hereof; sometimes being collectively referred to as "Revolving Loan Commitments". View More Arrow
Revolving Loan Commitment. Shall mean four million six hundred eighty thousand six hundred twelve dollars ($4,680,612.00); provided, however, such commitment shall be reduced (automatically and without notice to any Person) (a) on November 30, 2009, to three million six hundred eighty thousand six hundred twelve dollars ($3,680,612.00), (b) on December 31, 2009, to two million eighty thousand six hundred twelve dollars ($2,080,612.00), (c) on February 1, 2010, to one million eighty thousand six hundred twelve dollars... ($1,080,612.00), and (d) on February 15, 2010, to zero dollars ($0.00). View More Arrow
Revolving Loan Commitment. Means (a) with respect to BOCO, Three Million Five Hundred Thousand Dollars ($3,500,000), and (b) with respect to GDBA, Three Million Five Hundred Thousand Dollars ($3,500,000).
Revolving Loan Commitment. Means, for each Lender, the obligation of such Lender to make Revolving Loans to, and participate in Facility LCs issued upon the application of, the Borrower in an aggregate amount not exceeding the amount set forth below or as set forth in any Notice of Assignment relating to any assignment that has become effective pursuant to Section 12.3.2, as such amount may be modified from time to time pursuant to the terms hereof.
Revolving Loan Commitment. As of any date of determination, the several obligations of the Lenders to make advances to the Borrower as of such date, in accordance with their respective Revolving Commitment Ratios. As of the Third Amendment Effective Date, the Revolving Loan Commitment is $150,000,000, and may be reduced or increased pursuant to the terms of this Agreement
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