Common use of Available Amount Clause in Contracts

Available Amount. In the case of a proposed Secured Advance, the aggregate outstanding principal amount of Secured Advances (after giving effect to the proposed Secured Advance) shall not be greater than the lesser of (x) the Secured Revolving Commitment, or (y) Available Amount.

Appears in 2 contracts

Sources: Revolving Loan Agreement (Burnham Pacific Properties Inc), Revolving Loan Agreement (Burnham Pacific Properties Inc)