Common use of Amount of Revolving Advances Clause in Contracts

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such Xxxxxx’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 6 contracts

Samples: Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

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Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding up to at any time time, an amount equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, Amount less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, Credit less the outstanding amount of Swing Loans less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 4 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) ), (c), (d), (e), and (cf), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of least of: (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, Amount less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit; (y) 85% of Cash Collections, less Reserves established hereunder or (yz) an amount equal to the sum of:

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Amrep Corp.), Revolving Credit and Security Agreement (Amrep Corp.), Revolving Credit and Security Agreement (Amrep Corp.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (c2.1(c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder Credit or (y) an amount equal to the sum of:

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (IBEX LTD), Revolving Credit and Security Agreement (IBEX LTD), Revolving Credit and Security Agreement (IBEX Holdings LTD)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers Borrower in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, Amount less the outstanding amount sum of Swing Loans, less (i) the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder Credit plus (ii) the aggregate amount of all Swing Loans then outstanding; or (y) an amount equal to the sum of:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Multiband Field Services Inc), Security Agreement (Goodman Networks Inc)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (c), each Revolving Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxRevolving Lender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, Amount less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 2 contracts

Samples: Guaranty Agreement (Drilling Tools International Corp), Guaranty Agreement (ROC Energy Acquisition Corp.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 2 contracts

Samples: Credit and Security Agreement (Virco MFG Corporation), Credit and Security Agreement (Virco MFG Corporation)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (cSection 2.1(c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder (excluding, however, the Past Due Payable Reserve) or (y) an amount equal to the sum of:

Appears in 2 contracts

Samples: Security Agreement (Viant Technology Inc.), Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such Xxxxxx’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation)

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Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder the Availability Block or (y) an amount equal to the sum of:

Appears in 1 contract

Samples: Loan and Security Agreement (Flotek Industries Inc/Cn/)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (cSection 2.1(c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder or (y) an amount equal to the sum of:

Appears in 1 contract

Samples: Credit and Security Agreement (Finish Line Inc /In/)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.1(b) and (cSection 2.1(c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such Xxxxxx’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, less the outstanding amount of Swing Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder (excluding, however, the Past Due Payable Reserve) or (y) an amount equal to the sum of:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, Amount less the outstanding amount of Swing Loansreserves, if any, established in accordance with Section 2.1(a)(y)(iii) less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder Credit or (y) an amount equal to the sum of:

Appears in 1 contract

Samples: Security Agreement (NYTEX Energy Holdings, Inc.)

Amount of Revolving Advances. Subject to the terms and conditions set forth in this Agreement specifically including Sections Section 2.1(b) and (c), each Lender, severally and not jointly, will make Revolving Advances to Borrowers Borrower in aggregate amounts outstanding at any time equal to such XxxxxxLender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount, Amount less the outstanding amount sum of Swing Loans, less (i) the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit, less Reserves established hereunder Credit plus (ii) the aggregate amount of all Swing Loans then outstanding or (y) an amount equal to the sum of:

Appears in 1 contract

Samples: Security Agreement (Union Drilling Inc)

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