Common use of Limitations Not Exceeded Clause in Contracts

Limitations Not Exceeded. Any making or issuance of any requested Revolving Loan or Letter of Credit would not cause the Working Capital Obligations to exceed the lesser of the Revolving Loan Commitment and the Borrowing Base; and

Appears in 4 contracts

Samples: Loan and Security Agreement (Englobal Corp), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)

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Limitations Not Exceeded. Any making or issuance of any requested Revolving Loan or Letter of Credit would not cause the Working Capital Obligations to exceed the lesser of (i) the Revolving Loan Commitment and or (ii) the Borrowing Base; and

Appears in 1 contract

Samples: Loan and Security Agreement (Autoinfo Inc)

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Limitations Not Exceeded. Any making or issuance of any requested Revolving Loan or Letter of Credit would not cause the Working Capital Obligations to exceed the lesser of the Revolving Loan Commitment and the Borrowing BaseCommitment; and

Appears in 1 contract

Samples: Loan Agreement (Sturm Ruger & Co Inc)

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