Maximum Revolving Advances. The sum of the aggregate balance of Revolving Advances plus the aggregate amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.
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Samples: Loan and Security Agreement (Stanadyne Automotive Corp)
Maximum Revolving Advances. The sum of the aggregate balance of Revolving Advances plus the aggregate amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount. No Lender shall be obligated to make Revolving Advances in excess of its Maximum Revolving Loan Commitment.
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Samples: Revolving Credit and Security Agreement (Fonda Group Inc)
Maximum Revolving Advances. The sum of the aggregate balance of Revolving Advances plus the aggregate amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount minus the aggregate amount of outstanding Letters of Credit or (b) the Formula AmountAmount minus the aggregate amount of outstanding Letters of Credit. No Lender shall be obligated to make Revolving Advances in excess of its Maximum Revolving Loan Commitment.
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Samples: Revolving Credit, Term Loan and Security Agreement (Fonda Group Inc)
Maximum Revolving Advances. The sum of the aggregate balance of Revolving Advances outstanding plus the aggregate amount of Letters Letter of Credit outstanding Obligations at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or and (b) the Formula Amount.
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