Division Loan Amount

Example Definitions of "Division Loan Amount"
Division Loan Amount. At the date of determination thereof, an amount equal to the sum of (a) all outstanding Revolving Credit Advances and accrued interest thereon which were made by Senior Lender based upon the Accounts and Inventory of the Division of EDAC subject to an [*]; (b) the outstanding principal amount and accrued interest thereon of any Term Loan which was made by Senior Lender based upon the assets of the division of EDAC which is the subject of [*]; and (c) all amounts and accrued interest thereon... which have been advanced or loaned by Senior Lender to Borrowers in excess of the amount of Borrowing Availability created based upon the Accounts and Inventory of the Borrowers. [*] View More Arrow
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