Modified Revolving Loan Cap definition

Modified Revolving Loan Cap means, at any time of determination, an amount equal to the Revolving Loan Cap at such time (calculated without giving effect to any FILO Deficiency Reserves).
Modified Revolving Loan Cap means, at any time, the Revolving Loan Cap (calculated without giving effect to any FILO Deficiency Reserve).
Modified Revolving Loan Cap shall have the meaning provided in the ABL Credit Agreement as in effect on the ThirdFifth Amendment Effective Date.

Examples of Modified Revolving Loan Cap in a sentence

  • Permit Availability at any time to be less than the greater of (a) $7.5 million and (b) 7.5% of the Modified Revolving Loan Cap.


More Definitions of Modified Revolving Loan Cap

Modified Revolving Loan Cap means, at any time, the Revolving Loan Cap (calculated without giving effect to any FILO Deficiency Reserve). “Monthly Borrowing Base Reporting Period” means each period beginning on the date that Excess Availability shall have been less than the greater of (x) 50.0% of the Modified - 68 -

Related to Modified Revolving Loan Cap