Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and (b) the Formula Amount.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Delta Mills Inc)
Maximum Revolving Advances. The aggregate balance of (i) Revolving Advances Advances, plus (ii) the amount of outstanding Swingline Loans, plus (iii) the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and or (b) the Formula Amount.
Appears in 1 contract
Samples: Loan and Security Agreement (Bucyrus International Inc)
Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and or (b) the Formula Amount.
Appears in 1 contract
Maximum Revolving Advances. The aggregate balance of Revolving -------------------------- Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and or (b) the Formula AmountAmount less, in each case, the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)
Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and less the aggregate amount of outstanding Letters of Credit or (b) the Formula Amount.
Appears in 1 contract
Samples: Revolving Credit, Term Loan, Guaranty and Security Agreement (Us Home & Garden Inc)
