BackinOA

Example Definitions of "BackinOA"
BackinOA. Shall mean First Lien Principal Obligations exceeding the Maximum First Lien Debt following a recalculation of Maximum First Lien Debt when the Borrowing Base Certificate delivered to the First Lien Agent prior to such recalculation showed that First Lien Principal Obligations were less than Maximum First Lien Debt.
Found in WET SEAL INC contract
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