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Maximum Credit
Maximum Credit contract clause examples

Lead Borrower may, at any time, deliver a written request to Administrative Agent to increase the Tranche A Maximum Credit. Any such written request shall specify the amount of the increase in the Tranche A Maximum Credit that Borrowers are requesting, provided, that, # in no event shall the aggregate amount of any such increase cause the Maximum Credit to exceed $1,400,000,000, # any such request shall be for an increase of not less than $50,000,000, # any such request shall be irrevocable, # in no event shall there be more than four (4) such increases and # as of the date of any such increase, and after giving effect thereto, no Default or Event of Default shall exist or have occurred and be continuing.

Maximum Credit. [[Organization A:Organization]]'s liability for Active Materials calculated in accordance with this Section 2.2 [for any Product] in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in [Schedule D] to a Product Agreement.

Subject to Section 2.19(f) below, Administrative Loan Party may, at any time, deliver a written request to Agent to increase the Maximum Credit; provided, that, # any such increase shall be subject to the consent of Agent and satisfaction of each of the conditions set forth in Section 2.19(c) below, # any such written request shall specify the amount of the increase in the Maximum Credit that Administrative Loan Party is requesting; # the aggregate amount of any and all such increases in the Maximum Credit shall not exceed $15,000,000 or cause the Maximum Credit to exceed $65,000,00090,000,000, # the amount of each increase in the Maximum Credit shall not be less than $5,000,000, # such requests may not be made more than two (2) times during any calendar year or more than three (3) times during the Term, and # any such request shall be irrevocable.

2 To be conformed to section 9.3 of the Credit Agreement.

Maximum Credit. Patheon's liability for Active Materials calculated in accordance with this [Section 2.2] for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in [Schedule D] to a Product Agreement.

Maximum Credit Facility. Notwithstanding anything in this Agreement to the contrary, in no event shall the aggregate principal Revolving Credit Obligations exceed the Maximum Revolving Credit Amount or the Revolving Credit Exposure of any Revolving Credit Lender exceed its Revolving Credit Commitment.

Maximum Credit. Excluding liability for Casualty Losses, Patheon's liability for Active Material calculated in accordance with this Section 2.2 the Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in [Schedule D].

Maximum Credit. The definition of “Maximum Credit” set forth in the Credit Agreement is hereby amended by deleting the reference to “$155,000,000” contained therein and replacing it with “$[124,750,000]”.

Maximum Revolving Advances/Letters of Credit. The limits set forth in [Section 2.1(b)] are not exceeded after giving effect to such Advances or Letters or Credit, as applicable.

Maximum Credit. [[Organization A:Organization]]'s liability for Active Materials calculated in accordance with this [Section 2.2] for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in [Schedule D] to a Product Agreement.

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