Common use of Revolver Advances Clause in Contracts

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, or (ii) the Borrowing Base less the Letter of Credit Usage.

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("Advances") to Borrower Borrowers in an amount at any one time outstanding not to exceed an amount equal to the lesser of (i) the then extant Maximum Revolver Amount less $10,000,000 less the Letter of Credit Usage, or (ii) the Borrowing Base less the Letter of Credit Usage.. For purposes of this Agreement, "Borrowing Base," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, or (ii) the Borrowing Base less the Letter of Credit UsageAmount.

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("AdvancesADVANCES") to Borrower in an amount at any one time outstanding not to exceed an amount equal to the lesser of THE LESSER OF (i) the Maximum Revolver Amount less LESS the Letter of Credit Usage, or (ii) the Borrowing Base less LESS the Letter of Credit Usage.

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("Advances") to Borrower Borrowers in an amount at any one time outstanding not to exceed an amount equal to the lesser of (i) the then extant Maximum Revolver Amount less the Letter of Credit Usage, or (ii) the Borrowing Base less the Letter of Credit Usage.. For purposes of this Agreement, "Borrowing Base," as of any date of determination, shall mean the result of:

Revolver Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Lender agrees to make advances ("Advances") to Borrower Borrowers in an amount at any one time outstanding not to exceed an amount equal to the lesser of (i) the Maximum Revolver Amount less the Letter of Credit Usage, less the principal amount from time to time outstanding on the Term Loan, or (ii) the Borrowing Base less the Letter of Credit Usage.