Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 10 contracts
Sources: Loan and Security Agreement (Bio Reference Laboratories Inc), Revolving Credit, Term Loan and Security Agreement (Pietrafesa Corp), Revolving Credit, Term Loan and Security Agreement (PVC Container Corp)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 9 contracts
Sources: Revolving Credit and Security Agreement (Osteotech Inc), Revolving Credit and Security Agreement (Kenexa Corp), Export Import Revolving Credit and Security Agreement (Fairchild Corp)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 6 contracts
Sources: Revolving Credit and Security Agreement (Comforce Corp), Revolving Credit and Security Agreement (Foster L B Co), Revolving Credit and Security Agreement (Comforce Corp)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all issued and outstanding Letters of Credit or (b) the Formula Amount.
Appears in 5 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Capstone Holding Corp.), Revolving Credit and Security Agreement (Kitty Hawk Inc), Revolving Credit and Security Agreement (Sparton Corp)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the Maximum Undrawn Amount of all Letters of Credit or (b) the Formula Amount.
Appears in 4 contracts
Sources: Revolving Credit, Term Loan, Guaranty, and Security Agreement (Rocky Brands, Inc.), Revolving Credit and Security Agreement (Sypris Solutions Inc), Revolving Credit, Guaranty, and Security Agreement (Rocky Brands, Inc.)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount less outstanding Letters of Credit, or (b) the Formula Amount.
Appears in 3 contracts
Sources: Revolving Credit and Security Agreement (Lesco Inc/Oh), Revolving Credit, Term Loan and Security Agreement (Lesco Inc/Oh), Revolving Credit and Security Agreement (Lesco Inc/Oh)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Merisel Inc /De/), Revolving Credit and Security Agreement (General Datacomm Industries Inc)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Loan Amount or (b) the Formula Amount.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (Measurement Specialties Inc), Revolving Credit, Term Loan and Security Agreement (Semx Corp)
Maximum Advances. The Except as otherwise provided herein, the aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula AmountBorrowing Base.
Appears in 1 contract
Sources: Oil & Gas Revolving Credit and Term Loan Agreement (Transtexas Gas Corp)
Maximum Advances. The aggregate balance of Revolving Advances ---------------- outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Eltrax Systems Inc)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula AmountAmount except with respect to overadvances which are knowingly made by the Administrative Agent and permitted pursuant to Sections 15.2(b), 15.2(c)(v), 15.2(j) and 15.2(k) hereof.
Appears in 1 contract
Sources: Revolving Credit, Equipment Loan, Term Loan and Security Agreement (McMS Inc /De/)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or less the aggregate amount of outstanding Letters of Credit and (b) the Formula Amount.
Appears in 1 contract
Sources: Credit, Guaranty and Security Agreement (Evergreen International Aviation Inc)
Maximum Advances. The aggregate balance of Revolving Advances and ---------------- Swingline Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the aggregate amount of drawings outstanding and additional amounts available under Letters of Credit or (b) the Formula Amount.
Appears in 1 contract
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or and (b) the Formula Amount.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Compudyne Corp)
Maximum Advances. The aggregate balance of Revolving Advances ----------------- outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) the Formula Amount.
Appears in 1 contract
Sources: Revolving Credit Loan and Security Agreement (Intelligroup Inc)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount less the Maximum Undrawn Amount or (b) the Formula Amount.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Avatech Solutions Inc)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula AmountAmount except with respect to overadvances which are knowingly made by Agent and permitted pursuant to Section 15(b) hereof.
Appears in 1 contract
Sources: Revolving Credit, Equipment Loan and Security Agreement (McMS Inc)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount or (b) the Formula Amount less, in each case, the aggregate Maximum Undrawn Amount.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Tecumseh Products Co)
Maximum Advances. The aggregate balance of Revolving Advances outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount Amount, less outstanding Letters of Credit or (b) the Formula Amount.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Badger Paper Mills Inc)