Common use of Revolving Advances Clause in Contracts

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving 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:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less (A) the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

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

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter of Credit UsageAmount, or (ii) the Borrowing Base less the Letter of Credit UsageBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less (A) the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter of Credit UsageAmount, or (ii) the result of (A) the Borrowing Base less LESS (B) the Letter aggregate amount of Credit Usagethe Reserves (other than Foreign Exchange Reserves). For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result ofmean, THE SUM OF:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of all undrawn or unreimbursed Letters of Credit Usage, or ---- (ii) the Borrowing Base less the Letter outstanding balance of Credit Usageall undrawn or ---- unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter of Credit UsageAmount, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usagethe Inventory Reserves. ---- For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

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

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Foothill Amount less the Letter of Credit Usage, and less the outstanding principal balance of the Tranche A Term Loan as of such date, or (ii) the Borrowing Base less the Letter of Credit Usage (excluding the first $1,000,000 of Letter of Credit Usage). For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter lessthe ---- outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the Letter lessthe aggregate amount of Credit Usageall undrawn or unreimbursed ---- Letters of Credit. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount at any one time outstanding not to exceed at any one time an amount equal to (i) the lesser of (iA) the Maximum Revolving Amount less or (B) the Letter of Credit UsageBorrowing Base, or minus ----- (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:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter of Credit UsageAmount, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usagethe ---- Inventory Reserves. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower Borrowers in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", ," as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("“Advances"”) to Borrower in an amount at any one time outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Credit 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 an amount equal to the result sum of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount Amount, less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base Base, less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

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

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make revolving advances ("Advances") to Borrower in an amount at any -------- one time outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Credit 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 an amount equal to --------------- the result sum of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less LESS the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less LESS the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter letter of Credit Usage, or (ii) the Borrowing Base ---- plus the Facility Premium Amount less the Letter of Credit Usage. For purposes ---- ---- of this Agreement, "Borrowing Base", as of any date of determination, "Borrowing Base" shall mean -------------- the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter outstanding balance of Credit Usageall undrawn or unreimbursed Letters of Credit, or (ii) the Borrowing Base less the Letter aggregate amount of Credit Usageall undrawn or unreimbursed Letters of Credit. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

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

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the sum of the Letter of Credit Usage, the outstanding amount of the Acquisition Advance, and the outstanding amount of the Centre Support Advance, 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:this

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

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

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the result of (A) the Maximum Revolving Amount less Amount, minus (B) the Letter of Credit UsageBHR Attributed Debt, if any, minus (C) the Indenture Reserve, or (ii) the Borrowing Base less the Letter of Credit UsageBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of:

Revolving Advances. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make advances ("Advances") to Borrower in an amount outstanding not to exceed at any one time the lesser of (i) the Maximum Revolving Amount less the Letter of Credit UsageAmount, or (ii) the Borrowing Base less the Letter of Credit UsageBase. For purposes of this Agreement, "Borrowing Base", as of any date of determination, shall mean the result of: