Maximum Permissible Advance Amount

Example Definitions of "Maximum Permissible Advance Amount"
Maximum Permissible Advance Amount. As of the date of any Advance Request, (1) sum of (A) the expenditures set forth in the line titled "Net Cash Flow" in the Operating Budget for the calendar month in which such Advance Request shall be delivered to Lender plus (B) the out of pocket costs and expenses of Borrower relating to the Merger, and the other actions contemplated by the Merger Agreement, incurred in such calendar month, minus (2) the amount (if any) borrowed hereunder by Borrower pursuant to any Advance Request... previously delivered in such calendar month. View More Arrow
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