Eligible Trademarks Amount

Eligible Trademarks Amount. Means the most recent appraised value of the Eligible Trademarks reviewed and accepted by the Administrative Agent, provided that in no event shall the Eligible Trademarks Amount equal more than (a) $15,000,000 for the period from the Closing Date through January 31, 2004, (b) $10,000,000 for the period from February 1, 2004 through January 31, 2005 or (c) $5,000,000 for the period from February 1, 2005 through the Maturity Date.