Adjusted Inventory Loan Limit

Adjusted Inventory Loan Limit. Shall mean, as to each Borrower, at any time, the amount equal to $87,500,000 (the "Adjusted Base Amount"), minus the then outstanding principal amount of Loans to the other Borrowers (and including Letter of Credit Accommodations to the extent provided in the definition of the term Borrowing Base) based on Eligible Inventory; provided, that, upon the request of Administrative Borrower and the written consent of Agent, Agent may from time to time, in its sole discretion, increase the Adjusted... Base Amount to an amount not to exceed $92,500,00; provided, further, that in no event shall the aggregate amount of the Adjusted Inventory Loan Limit of all the Borrowers exceed the aggregate amount of the Inventory Loan Limit of all Borrowers by more than $7,500,00 at any time. View More

Adjusted Inventory Loan Limit. As to each Borrower, at any time, the amount equal to $115,000,000, minus the then outstanding principal amount of Loans to the other Borrowers (and including Letter of Credit Accommodations to the extent provided in the definition of the term Borrowing Base) based on Eligible Inventory.