Limit on Advances. Make advances or similar payments to foreign Subsidiaries of the Company in an aggregate amount in excess of $20,000,000 during the period from July 20, 2005 to the Revolving Note Maturity Date (including the advance or payment of approximately $12,000,000 to fund the acquisition of HSW Zaklad Xxxxxx Matrycowa Sp. z o.o.).
Limit on Advances. The principal amount of any advance made to a nonmember mortgagee may not exceed 90 percent of the unpaid principal of the mortgage loans or securities pledged as security for the advance. This limit does not apply to an advance made to a nonmember mortgagee under paragraph (b)(2) of this section.
Limit on Advances. Section 2.5.3.3 (vii) of the PH Credit Agreement is amended to read in its entirety as follows:
Limit on Advances. No more than two advances shall be made by Lenders under this Agreement, such advances to be subject to satisfaction of the conditions described in this Agreement and to be made as follows:
Limit on Advances. Only a single advance shall be made by Lenders under this Agreement, such Advance to be subject to satisfaction of the conditions described in this Agreement and to be made as follows: An initial Advance in the Loan Amount shall be evidenced by the Note and secured by, among other things, the Mortgage.
Limit on Advances. Borrower may repay advances and may reborrow from time to time under the Revolving Note, but total advances outstanding under the Revolving Note plus Letters of Credit Outstanding shall not exceed the lesser of (a) $5,500,000 or (b) the sum of (i) 80 percent of Eligible Accounts, plus (ii) the lesser of (x) the Inventory Borrowing Cap or (y) 50 percent of the remainder of Eligible Inventory, less all trade payables owed to inventory vendors.
Limit on Advances. Notwithstanding anything herein to the contrary (other than provisions of Section 3.1(a) permitting Revolving Credit Loans to be automatically made in the amount of any reimbursement obligation under an S/L/C), the Company shall not be entitled to obtain, and the Banks shall not be obligated to make, any Advance if on the proposed Advance Date the principal amount of such Advance, when added to the aggregate amount of all Advances then outstanding, would exceed the Available Portion.
Limit on Advances. Section 2.5.3.3(iii) of the CMR Credit Agreement is amended to read in its entirety as follows:
Limit on Advances. No advance shall be made if the Interest Period therefor would end after the Termination Date.
