Common use of Revolving Advances Clause in Contracts

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance Letter of all undrawn or unreimbursed Letters of CreditCredit Usage, or (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less (A) the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the sum of the Letter of Credit Usage, the outstanding balance amount of all undrawn or unreimbursed Letters the Acquisition Advance, and the outstanding amount of Creditthe Centre Support Advance, or (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:this

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result ofmean:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("Advances") to Borrower in an amount at any -------- one time outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Credit Amount less the outstanding balance Letter of all undrawn or unreimbursed Letters of CreditCredit Usage, or (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean an amount equal to --------------- the result sum of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance Letter of all undrawn or unreimbursed Letters of CreditCredit Usage, or (ii) the Borrowing Base less (A) the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("“Advances"”) to Borrower in an amount at any one time outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Credit Amount less the outstanding balance Letter of all undrawn or unreimbursed Letters of CreditCredit Usage, or (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "“Borrowing Base", ,” as of any date of determination, shall mean an amount equal to the result sum of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed at any one time an amount equal to (i) the lesser of (iA) the Maximum Revolving Amount less or (B) the outstanding balance of all undrawn or unreimbursed Letters of CreditBorrowing Base, or minus ----- (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance Revolver Letter of all undrawn or unreimbursed Letters of CreditCredit Reserve, or (ii) the Borrowing Base less the aggregate amount Revolver Letter of all undrawn or unreimbursed Letters of CreditCredit Reserve. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less LESS the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less LESS the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount Amount, less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base Base, less the aggregate amount outstanding balance of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Creditthe Inventory Reserves. ---- For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the result of (A) the Maximum Revolving Amount less Amount, minus (B) the outstanding balance of all undrawn or unreimbursed Letters of CreditBHR Attributed Debt, if any, minus (C) the Indenture Reserve, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed at any one time the lesser Maximum Revolving Amount. On the Closing Date, a portion of (i) the Existing Loans up to the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:be converted into Advances.

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of CreditBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean an amount equal to the lesser of the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the result of (A) the Borrowing Base less LESS (B) the aggregate amount of all undrawn or unreimbursed Letters of Creditthe Reserves (other than Foreign Exchange Reserves). For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result ofmean, THE SUM OF:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of Credit, Credit or ---- (ii) the Borrowing Base less the aggregate amount outstanding balance of all undrawn or ---- unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance letter of all undrawn or unreimbursed Letters of CreditCredit Usage, or (ii) the Borrowing Base ---- plus the Facility Premium Amount less the aggregate amount Letter of all undrawn or unreimbursed Letters of CreditCredit Usage. For purposes ---- ---- of this Agreement, "Borrowing Base", as of any date of determination, "Borrowing Base" shall mean -------------- the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the outstanding balance of all undrawn or unreimbursed Letters of CreditAmount, or (ii) the Borrowing Base less the aggregate amount of all undrawn or unreimbursed Letters of Creditthe ---- Inventory Reserves. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Foothill Amount less the Letter of Credit Usage, and less the outstanding principal balance of all undrawn or unreimbursed Letters the Tranche A Term Loan as of Creditsuch date, or (ii) the Borrowing Base less the aggregate amount Letter of all undrawn or unreimbursed Letters Credit Usage (excluding the first $1,000,000 of CreditLetter of Credit Usage). For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of: