Common use of Revolver Advances Clause in Contracts

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, or (ii) the Borrowing Base less the Letter of Credit Usage. For purposes of this Agreement, "Borrowing Base," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("AdvancesADVANCES") to Borrower in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser LESSER of (i) the Maximum Revolver Amount less LESS the Letter of Credit Usage, or and (ii) the Borrowing Base less LESS the Letter of Credit Usage. For purposes of this Agreement, "Borrowing BaseBORROWING BASE," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("AdvancesADVANCES") to Borrower Borrowers in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, or and (ii) the Borrowing Base less the Letter of Credit Usage. For purposes of this Agreement, "Borrowing BaseBORROWING BASE," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, less the Intermediate Notes Reserve, or (ii) the Borrowing Base less the Letter of Credit Usage. For purposes of this Agreement, "Borrowing Base," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("AdvancesADVANCES") to Borrower Borrowers in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser of THE LESSER OF (i) the Maximum Revolver Amount less LESS the sum of (y) the then outstanding principal amount of the Term Loan, and (z) the Letter of Credit Usage, or (ii) the Borrowing Base less LESS the Letter of Credit Usage. For purposes of this Agreement, "Borrowing BaseBORROWING BASE," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this AgreementAgreement and the Financing Orders, and during the term of this Agreement, each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances ("AdvancesADVANCES") to Borrower in an amount at any one time outstanding not to exceed such Lender's Pro Rata Share of an amount equal to the lesser of THE LESSER OF (i) the Maximum Revolver Amount less LESS the Letter of Credit Usage, or and (ii) the Borrowing Base less the Letter of Credit Usage. For purposes of this Agreement, "Borrowing BaseBORROWING BASE," as of any date of determination, shall mean the result of: