Total Facility

Example Definitions of "Total Facility"
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender agrees to make available a total credit facility of up to $15,000,000 (the ‘Total Facility') to the Borrowers from time to time during the term of this Agreement. The Total Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit described herein.
Found in MEADE INSTRUMENTS CORP contract
Total Facility. Means, as to all Loans hereunder at any time, the lesser of (a) $15,000,000 and (b) the Borrowing Base then in effect.
Found in Umami Sustainable Seafood Inc. contract
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