Common use of Reserve Commitment; Suspension of Acquisition Loans Clause in Contracts

Reserve Commitment; Suspension of Acquisition Loans. Notwithstanding the foregoing provisions of this Article III, in the event that on any day the aggregate outstanding principal amount of all (a) Floor Plan Loans, plus (b) Swing Line Loans, plus (c) Requests for Floor Plan Loan Borrowings exceeds ninety-five percent (95%) of the Floor Plan Loan Commitment as of such date, then (i) a portion of the Acquisition Loan Commitment (the "Reserve Commitment") in an amount equal to the lesser of (ii) Five Million Dollars ($5,000,000) and (iii) the entire remaining unused portion of the Acquisition Loan Commitment as of such date shall be reserved and shall no longer be available for funding Acquisition Loans, and (d) no further Acquisition Loan Borrowings (after giving effect to the Reserve Commitment in clause (a) hereof) shall be available to the Company until the next Business Day on which such condition no longer exists.

Reserve Commitment; Suspension of Acquisition Loans. Notwithstanding the foregoing provisions of this Article III, in the event that on any day the aggregate outstanding principal amount of all (a) Floor Plan Loans, plus (b) Swing Line Loans, plus (c) Requests for Floor Plan Loan Borrowings exceeds ninety-five percent (95%) of the Floor Plan Loan Commitment as of such date, then (i) a portion of the Acquisition Loan Commitment (the "Reserve Commitment") in an amount equal to the lesser of (iiy) Five Million Dollars ($5,000,000) and or (iiiz) the entire remaining unused portion of the Acquisition Loan Commitment as of such date date, shall be reserved and shall no longer be available for funding Acquisition Loans, and (dii) no further Acquisition Loan Borrowings (after giving effect to the Reserve Commitment in clause (ai) hereof) shall be available to the Company until the next Business Day on which such condition no longer exists.

Reserve Commitment; Suspension of Acquisition Loans. Notwithstanding the foregoing provisions of this Article III, in the event that on any day the aggregate outstanding principal amount of all (a) Floor Plan Loans, plus (b) Swing Line Loans, plus (c) Requests for Floor Plan Loan Borrowings exceeds ninety-five seven and one-half percent (9597.5%) of the aggregate Floor Plan Loan Commitment Commitments as of such date, then (i) a portion of the Acquisition Loan Commitment (the "Reserve CommitmentRESERVE COMMITMENT") in an amount equal to the lesser of (iiy) Five Million Dollars ($5,000,000) and or (iiiz) the entire remaining unused portion of the Acquisition Loan Commitment as of such date date, shall be reserved and shall no longer be available for funding Acquisition Loans, and (dii) no further Acquisition Loan Borrowings (after giving effect to the Reserve Commitment in clause (ai) hereof) shall be available to the Company until the next Business Day on which such condition no longer exists.

Reserve Commitment; Suspension of Acquisition Loans. Notwithstanding the foregoing provisions of this Article III, in the event that on any day the aggregate outstanding principal amount of all (a) Floor Plan Loans, plus (b) Swing Line Loans, plus (c) Requests for Floor Plan Loan Borrowings exceeds ninety-five percent (95%) of the Floor Plan Loan Commitment as of such date, then (i) a portion of the Acquisition Loan Commitment (the "Reserve Commitment") in an amount equal to the lesser of (ii) Five Million Dollars ($5,000,000) and (iii) the entire remaining unused portion of the Acquisition Loan Commitment as of such date shall be reserved and shall no longer be available for funding Acquisition Loans, and (d) no further Acquisition Loan Borrowings (after giving effect to the Reserve Commitment in clause (a) hereof) shall be available to the Company Borrowers until the next Business Day on which such condition no longer exists.