Common use of Borrowing Limitations Clause in Contracts

Borrowing Limitations. The Administrative Agent shall have received the Borrowing Base Certificate required to be delivered by the Collateral Agent under the Warehousing Security Agreement. Following the funding of the requested Loans, the aggregate principal amount of Loans outstanding hereunder shall not exceed the applicable limitations set forth in Section 2.1.

Borrowing Limitations. The Administrative Agent shall have received the Borrowing Base Certificate Certificate, as required to be delivered by the Collateral Agent under the Warehousing Servicing Security Agreement. Following the funding of the requested Loans, the aggregate principal amount of Loans outstanding hereunder shall not exceed the applicable limitations set forth in Section 2.1.