Common use of Limits on Advances Clause in Contracts

Limits on Advances. Notwithstanding any other term of this Agreement, a Borrower shall not request from the Administrative Agent an Advance if, on the day notice of the Advance is given pursuant to Section 2.6(1), after giving effect to the Advance, the principal amount of all Advances outstanding from any Credit Facility Lender would exceed the Commitment of the Credit Facility Lender. No Advance shall have a term that extends beyond the Maturity Date.