Common use of Available Commitments Clause in Contracts

Available Commitments. After giving effect to such extension of credit, the Borrowing Base would be equal to or greater than the aggregate principal amount of the Revolving Credit Loans, Swing Line Loans and L/C Obligations then outstanding. Each borrowing by and issuance of a Letter of Credit on behalf of the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 5.2 have been satisfied.

Available Commitments. After giving effect to such extension of credit, credit the Borrowing Base would be equal to or greater less than the aggregate principal amount of the Revolving Credit Loans, Swing Line Loans and L/C Obligations then outstanding. Each borrowing by and issuance of a Letter of Credit on behalf of the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 5.2 have been satisfied.