ULF Amount definition
ULF Amount means an amount equal to the Maximum Credit minus the Availability Block.
ULF Amount means (a) if the aggregate face amount of Pledged Letters of Credit is less than the Supplemental Loan Availability Loan Limit, an amount equal to the Maximum Facility Amount less the aggregate face amount of the Pledged Letters of Credit, or (b) if the aggregate face amount of Pledged Letters of Credit is equal to or greater than Supplemental Loan Availability Loan Limit, an amount equal to the Current Asset Availability Loan Limit.”
ULF Amount means (a) from the date hereof through and including the date that the Borrowing Base (exclusive of Qualified Cash) exceeds $7,500,000, $10,000,000, and (b) at all times thereafter, the Maximum Credit.