Lending Formulas definition

Lending Formulas means the percentages set forth in Section 3.1 hereof, subject to the limits set forth therein, with respect to Eligible Accounts and Eligible Inventory.

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Lending Formulas means, collectively, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Lending Formula and the Real Property Lending Formula."

Lending Formulas means the percentages set forth in Section 3.1 hereof with respect to Eligible Accounts and Eligible Inventory.

Examples of Lending Formulas in a sentence

In determining whether to reduce any of the Lending Formulas, Lender may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 2.4. Borrowers may from time to time borrow, repay and reborrow Loans made to it in accordance with the terms hereof.
In determining whether to reduce any of the Lending Formulas, Agent may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 3.5 hereof.
Lender hereby agrees not to change the Lending Formulas in effect under the Loan Agreement as of the effective date hereof for a period of sixty (60) days from the effective date hereof, provided, that, no Draw Event (as such term is defined in the Junior Participation Agreement) has occurred.
In determining whether to reduce any of the Lending Formulas, Agent may consider events, conditions, contingencies or risks which are also considered in determining Eligible Accounts, Eligible Inventory or in establishing reserves as provided in Section 3.3. Borrower may from time to time borrow, repay and reborrow Loans in accordance with the terms hereof.
In determining whether to reduce or otherwise revise the Lending Formulas, Lender may consider events, conditions, contingencies or risks which are also considered in determining Eligible Operating Leases or Eligible Capital Leases or in establishing Availability Reserves.

More Definitions of Lending Formulas

Lending Formulas means the percentages with respect to Eligible Accounts and Eligible Inventory set forth in the definition of the term Borrowing Base contained herein.

Lending Formulas means, collectively, the Eligible Accounts Lending Formula, the Operating Leases Lending Formula, the Capital Leases Lending Formula, the Finished Goods Inventory Lending Formula, the Long Term Receivables Contract Lending Formula and the Real Property Lending Formula.

Lending Formulas means, collectively, the Operating Leases Lending Formula and the Capital Leases Lending Formula.

Lending Formulas means the lending formulas set forth in Sections 2.1(a)(i) and (ii) and Section 2.2 of the Loan Agreement, without giving effect to this Amendment and the Supplemental Credit Facility, as the same now exist or may hereafter be adjusted by Lender pursuant to the Loan Agreement. (xi) " R & R" shall mean R & R Vista, a general partnership organized under the laws of the state of Oregon, and its successors and assigns. (xii) "Standby Letter of Credit" shall mean the Irrevocable Standby Letter of Credit, dated of even date herewith, issued by ▇▇▇▇▇ Fargo Bank for the account of R & R and for the benefit of Lender in the original face amount of $10,000,000.