Common use of Maximum Revolving Advances Clause in Contracts

Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and (b) the Formula Amount.

Maximum Revolving Advances. The aggregate balance of Revolving Advances outstanding plus the aggregate face amount of Letters Letter of Credit outstanding Obligations at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and (b) the Formula Amount.

Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and less the aggregate amount of outstanding Letters of Credit or (b) the Formula Amount.

Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and minus the aggregate amount of outstanding Letters of Credit or (b) the Formula AmountAmount minus the aggregate amount of outstanding Letters of Credit. No Lender shall be obligated to make Revolving Advances in excess of its Maximum Revolving Loan Commitment.

Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and or (b) the Formula Amount. No Lender shall be obligated to make Revolving Advances in excess of its Maximum Revolving Loan Commitment.

Maximum Revolving Advances. The sum of the aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount and or (b) the Formula Amount.

Maximum Revolving Advances. The aggregate balance of Revolving Advances plus the aggregate face amount of Letters of Credit outstanding at any time shall not exceed the lesser of (a) the Maximum Revolving Advance Amount and or (b) the Formula Amount.