OfficeMax 2013 Annual Report Download - page 227

(A) the aggregate principal amount of outstanding Facility B Swingline Loans would exceed the Facility B Swingline Sublimit;
(B) the Facility B Revolving Exposure of any Lender would exceed such Lender’s Facility B Commitment;
(C) the total Revolving Exposure would exceed the lesser of (x) the aggregate amount of the Commitments and (y) the Aggregate Borrowing
Base;
(D) the total Facility B Revolving Exposure would exceed the lesser of (x) the aggregate amount of the Facility B Commitments and (y) the
Aggregate Borrowing Base  the Facility A Revolving Exposure; or
(E) the total Revolving Exposure relating to the Company would exceed the US Borrowing Base;
subject, in the case of each of clause (A), (C), (D) and (E) above, to the Administrative Agent’s authority, in its sole discretion, to make Protective
Advances pursuant to the terms of Section 2.04.
(iii) The European Administrative Agent, the European Swingline Lender and the Facility B Lenders agree that in order to facilitate the
administration of this Agreement and the other Loan Documents, promptly after the Borrower Representative requests a Eurocurrency Borrowing on
behalf of any European Borrower (or the applicable European Borrower requests such Borrowing), and provided that such Eurocurrency Borrowing
request is received by the European Administrative Agent and the European Swingline Lender not later than 10:00 a.m., London time, the European
Swingline Lender may elect to have the terms of this Section 2.05(a)(iii) apply to such Borrowing Request by advancing, on behalf of the Facility B
Lenders and in the amount so requested, same day funds to the applicable European Borrower on the applicable Borrowing date to the Funding
Account(s) (each such Loan, a “European Swingline Loan”), with settlement among them as to the European Swingline Loans to take place on a
periodic basis as set forth in Section 2.05(c). Each European Swingline Loan shall be subject to all the terms and conditions applicable to other
Eurocurrency Loans funded by the Facility B Lenders, except that (i) such European Swingline Loan shall accrue interest at a rate determined by
reference to the OVERNIGHTOvernight LIBO RATERate and (ii) all payments thereon shall be payable to the European Swingline Lender solely for its
own account. In addition, no European Swingline Loan shall be made if, after giving effect thereto:
(A) the aggregate principal amount of outstanding Facility B Swingline Loans would exceed the Facility B Swingline Sublimit;
(B) the Facility B Revolving Exposure of any Lender would exceed such Lender’s Facility B Commitment;
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