Common use of Overall facility limit Clause in Contracts

Overall facility limit. The aggregate amount of (i) the Outstanding Purchase Price, (ii) all Revolving Loans, (iii) all L/C Exposures, (iv) all Forex Exposures, (v) the Property Loan and (vi) the IP Loan shall not at any time exceed the Facility Limit.

Appears in 2 contracts

Sources: Facility Agreement (Salton Inc), Facility Agreement (Salton Inc)