Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 (such amount, or such other amount after giving effect to any increase pursuant to the provisions of Section 1.02(d) hereof, the “Revolving Commitment”), and (ii) the Borrowing Base as of such time (the lesser of (i) and (ii) being the “Borrowing Limit”).
Appears in 2 contracts
Samples: Loan and Security Agreement (BioScrip, Inc.), Loan and Security Agreement (BioScrip, Inc.)
Revolving Commitment and Borrowing Limit. (a) The aggregate unpaid principal amount of the Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 10,000,000 (such amount, or such other amount after giving effect to any increase pursuant to the provisions of Section 1.02(d) hereof, the “"Revolving Commitment”"), and (ii) the Borrowing Base as of such time (the lesser of (i) and (ii) being the “"Borrowing Limit”").
Appears in 2 contracts
Samples: Loan and Security Agreement (Nu Tech Bio Med Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc)
Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 35,000,000 (such amount, or such other amount after giving effect to any increase pursuant to the provisions of Section 1.02(d) hereof, the “"Revolving Commitment”"), and (ii) the Borrowing Base minus Accrued Amounts as of such time (the lesser of (i) and (ii) being the “"Borrowing Limit”").
Appears in 1 contract
Samples: Loan and Security Agreement (Matria Healthcare Inc)
Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 35,000,000 (such amount, or such other greater or lesser amount after giving effect to any increase or decrease pursuant to the provisions of Section 1.02(d) and (e) hereof, the “"Revolving Commitment”"), and (ii) the Borrowing Base as of such time (the lesser of (i) and (ii) being the “"Borrowing Limit”").
Appears in 1 contract
Samples: Loan and Security Agreement (Atc Healthcare Inc /De/)
Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 25,000,000 (such amount, or such other greater or lesser amount after giving effect to any increase or decrease pursuant to the provisions of Section 1.02(d) and (e) hereof, the “Revolving Commitment”"REVOLVING COMMITMENT"), and (ii) the Borrowing Base as of such time (the lesser of (i) and (ii) being the “Borrowing Limit”"BORROWING LIMIT").
Appears in 1 contract
Samples: Loan and Security Agreement (Staff Builders Inc /De/)
Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 i)$40,000,000 (such amount, or such other greater or lesser amount after giving effect to any increase or decrease pursuant to the provisions of Section Sections 1.02(d) and (e) hereof, the “"Revolving Commitment”"), and (ii) the Borrowing Base minus Accrued Amounts as of such time (the lesser of (i) and (ii) being the “"Borrowing Limit”").
Appears in 1 contract
Samples: Loan and Security Agreement (National Medical Health Card Systems Inc)
Revolving Commitment and Borrowing Limit. (a) The Revolving Loan at any time shall not exceed an amount equal to the lesser of (i) $75,000,000 45,000,000 (such amount, or such other lesser amount after giving effect to any increase decrease pursuant to the provisions of Section 1.02(d) hereof, the “Revolving Commitment”"REVOLVING COMMITMENT"), and (ii) the Borrowing Base as of such time (the lesser of (i) and (ii) being the “Borrowing Limit”"BORROWING LIMIT").
Appears in 1 contract
