Total Revolver Commitments Clause Samples

Total Revolver Commitments. [(i) as of the Closing Date and at all times prior to the Fifth Amendment Effective Date, $115,000,000, and (ii) as of the Fifth]as of the Ninth Amendment Effective Date, $110,000,000, which amount may be increased or decreased pursuant to the terms hereof. The US Revolver Commitments and the Canadian Revolver Commitments are sublimits of the Total Revolver Commitments and not additive to the Total Revolver Commitments. Total Revolver Outstandings - an amount equal to the sum of (a) the Dollar Equivalent of the Total Canadian Revolver Outstandings plus (b) the Total US Revolver Outstandings. Total US Revolver Outstandings - an amount equal to the sum of (a) the principal balance of all US Revolver Loans plus (b) the US LC Obligations. Trademark Assignments - the several Amended and Restated Trademark Collateral Security and Pledge Agreement made by the Borrowers and their Subsidiaries in favor of the Applicable Agent and the Assignments of Trademarks and Service Marks executed in connection therewith, all in form and substance satisfactory to the Applicable Lenders and the Applicable Agent. Transferee - any actual or potential Eligible Assignee, Participant or other Person acquiring an interest in any Obligations. Type - any type of a Loan (i.e., Base Rate Loan, LIBOR Loan, Canadian Prime Rate Loan[ or], Canadian BA Rate Loan or Canadian Base Rate Loan) that has the same interest option and, in the case of LIBOR Loans or Canadian BA Rate Loans, the same Interest Period. UCC - the Uniform Commercial Code as in effect in the State of New York or, when the laws of any other jurisdiction govern the perfection or enforcement of any Lien, the Uniform Commercial Code or other Applicable Law of such jurisdiction. Unused Fees - as defined in Section 3.2.1. US Borrower - as defined in the preamble hereto. US Borrowing Capacity - on any date of determination, an amount in Dollars equal to the lesser of (a) the aggregate amount of US Revolver Commitments and (b) the sum of (i) [85]90% of the Appraised Inventory Liquidation Value of each Eligible Inventory Category owned by the US Borrower, ▇▇▇▇▇ U.S. or Mayor’s Florida; plus (ii) 90% of the Appraised A/R Liquidation Value of Eligible Private Label and Corporate Accounts of the US Borrower, ▇▇▇▇▇ U.S. or Mayor’s Florida; plus (iii) 90% of the Eligible Major Credit Card Receivables of the US Borrower, ▇▇▇▇▇ U.S. or Mayor’s Florida; minus (iv) the Availability Reserve in respect of the US Borrower, ▇▇▇▇▇ U.S. and/or Mayo...