Maximum Revolving Credit Line
Maximum Revolving Credit Line. Means (a) for the period from the First Amendment Effective Date through and including April 30, 2002, One Million Two Hundred Thousand Dollars ($1,200,000), and (b) on the first day of each calendar month thereafter, commencing with May 1, 2002, an amount equal to (i) the "Maximum Revolving Credit Line" in effect during the immediately preceding calendar month minus (ii) Fifty Thousand Dollars ($50,000).
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Found in
LSB Industries, Inc. contract