Maximum Amounts. After giving effect to the requested Extension of Credit, each of the following shall be true: (i) the aggregate principal amount of Revolving Obligations shall not exceed the lesser of (x) the Aggregate Committed Amount and (y) the Borrowing Base minus $1,000,000; and (ii) with regard to each Lender, such Lender's Revolving Commitment Percentage of Revolving Obligations outstanding at any time shall not exceed such Lender's Revolving Commitment Percentage of the Aggregate Committed Amount.
Appears in 2 contracts
Sources: Debtor in Possession Financing Agreement (Railworks Corp), Debtor in Possession Financing Agreement (Railworks Corp)