Maximum Revolving Advance Amount

Maximum Revolving Advance Amount. Shall mean Ten Million Five Hundred Thousand Dollars ($10,500,000). To the extent outstanding Revolving Advances on the Amendment Date when aggregated with outstanding Letters of Credit exceed $10,500,000, Borrower shall reduce outstanding Revolving Advances, effective on the Amendment Date, so as to reduce such excess to zero (0). Revolving Advances shall continue to be evidenced by the existing Revolving Credit Note, executed on the Closing Date, which shall be... deemed amended accordingly to reflect the foregoing terms. View More

Maximum Revolving Advance Amount. Shall mean $25,000,000.00.