Common use of Maximum Advances Clause in Contracts

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or and (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount Amount, less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Loan Amount or (b) less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less outstanding Letters of Credit or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and less outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate amount of drawings outstanding and additional amounts available under Letters of Credit or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditAmount.

Maximum Advances. The aggregate balance of outstanding Revolving Advances and the Dollar Equivalent amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditAmount.

Maximum Advances. The Except as provided in Section 2.7, the aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit less the Availability Block or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit less the Availability Reserve or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Advances, including the Revolving Advances and the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit, outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or Amount, (b) the Formula Amount lessor (c) at any time during the Clean-Down Period designated in accordance with Section 2.21(b) hereof, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit$5,000,000.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) Loan Amount, less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit, less the Minimum Availability Reserve or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Revolving Advances ---------------- outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate undrawn amount of outstanding Letters of Credit or (b) the Formula Amount less, in each case, less the aggregate Maximum Undrawn Amount undrawn amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, less the aggregate Maximum Undrawn Amount amount of all issued drawings outstanding and outstanding additional amounts available under Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of outstanding Letters of Credit or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditAmount.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount lessAmount, in each case, case less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit less the aggregate outstanding Revolving Advances made to Brightstar PR.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of the (a) the Maximum Revolving Advance Amount less the aggregate amount of outstanding Letters of Credit or (b) the Formula Amount less, in each case, less the aggregate Maximum Undrawn Amount amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount lessAmount, less in each case, case the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser least of (a) the Maximum Revolving Advance Amount or (b) less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit, (b) 85% of Cash Collections, or (c) the Formula Amount.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount Amount, less outstanding Letters of Credit or (b) the Formula Amount lessAmount, in each case, the aggregate Maximum Undrawn Amount of all issued and less outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less outstanding Letters of Credit or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and less outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount minus the amount of reserves, if any, established in accordance with Section 2.1(a)(y)(iii) or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) less the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditCredit less Reserves or (b) the Formula Amount.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount Amount, less the aggregate amount of outstanding Letters of Credit and Acceptances or (b) the Formula Amount lessAmount, in each case, the aggregate Maximum Undrawn Amount of all issued and less outstanding Letters of CreditCredit and Acceptances.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or less the aggregate amount of outstanding Letters of Credit and (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditAmount.

Maximum Advances. The aggregate balance of Revolving Advances and ---------------- Swingline Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate amount of drawings outstanding and additional amounts available under Letters of Credit or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of CreditAmount.

Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit. The aggregate balance of Advances outstanding at any time shall not exceed the Maximum Loan Amount.

Maximum Advances. The Subject to Section 16.2(b), the aggregate balance of outstanding Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less Reserves or (b) the Formula Amount less, in each case, (without duplication of the aggregate Maximum Undrawn Amount amount of all issued and outstanding Letters of Credit).

Maximum Advances. The Subject to Section 15.2, the aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.

Maximum Advances. The aggregate balance of Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Loan Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount of all issued and plus outstanding Letters of CreditCredit and Acceptances.