Common use of The Revolving Credit Commitment Clause in Contracts

The Revolving Credit Commitment. (a) The Revolving Credit Commitment shall be equal to the lesser of: (i) the Borrowing Base as in effect from time to time, or (ii) Sixty Five Million Dollars ($65,000,000) for the period from October ____, 2000 until December 31, 2000 and Fifty Million Dollars ($50,000,000) for all other times."

Appears in 1 contract

Sources: Credit Agreement (French Fragrances Inc)

The Revolving Credit Commitment. (a) The Revolving Credit Commitment shall be equal to the lesser of: (i) the Borrowing Base as in effect from time to time, or or (ii) Sixty Five Million Dollars ($65,000,000) for the period from October ____, 2000 until December 31, 2000 and Fifty Million Dollars ($50,000,000) for all other times)."

Appears in 1 contract

Sources: Credit Agreement (French Fragrances Inc)