Limitations Not Exceeded. The proposed Revolver Loan or Letter of Credit shall not cause the aggregate outstanding principal balance of the Revolver Loans plus Letter of Credit Obligations to exceed the lesser of the Revolver Commitment and the Borrowing Base.
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Samples: Loan and Security Agreement (Primo Water Corp), Loan and Security Agreement (Impax Laboratories Inc), Loan and Security Agreement (Ic Isaacs & Co Inc)
Limitations Not Exceeded. The Any proposed Revolver Loan or Letter of Credit shall not cause the aggregate outstanding principal balance of the Revolver Loans plus Letter of Credit Obligations to exceed the lesser of the Revolver Commitment and the Borrowing Base.
Appears in 1 contract
Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)
Limitations Not Exceeded. The Any proposed Revolver Loan or Letter of Credit shall not cause the aggregate outstanding principal balance of the applicable Revolver Loans plus Letter of Credit Obligations to exceed the lesser of the applicable Revolver Commitment and the applicable Borrowing Base.
Appears in 1 contract
