Common use of Limitation on Amount of Advances Clause in Contracts

Limitation on Amount of Advances. Notwithstanding anything in this Agreement to the contrary, (i) the Dollar Equivalent to the aggregate principal amount of the Revolving Credit Advances made or participated in by any Lender (which for any Lender includes all U.S. Advances and all Canadian Advances by such Lender, which directly by such Lender or through an Affiliate of such Lender in the case of Canadian Advances) at any time outstanding shall not exceed the amount of its respective Commitment as of the date any such Advance is made, (ii) the aggregate principal amount of Letter of Credit Advances outstanding at any time shall not exceed $15,000,000, (iii) the aggregate Dollar Equivalent of all Canadian Advances shall not exceed $25,000,000 at any time, (iv) the sum of the Dollar Equivalent of the aggregate Advances plus the Dollar Equivalent of the aggregate amount of Unrestricted Guaranties shall not exceed the aggregate Commitments and (v) the sum of the Dollar Equivalent to the aggregate Advances plus the aggregate Dollar Equivalent of the Unrestricted Guaranties shall not exceed the amount of the Borrowing Base.