Collateral Borrowing Base. Borrowers will not request, nor will it accept, the proceeds of any Revolver Loan or advance under the Revolver Note at any time when the amount thereof, together with the sum of the outstanding and unpaid principal amount of the Revolver Note plus the Letter of Credit Exposure exceeds the Collateral Borrowing Base. As used in this Agreement, the term "Collateral Borrowing Base" shall mean the Collateral Borrowing Base as determined in accordance with the provisions of [Article IV] of this Agreement.

Variance from Collateral Borrowing Base. Borrowers will not request, nor will it accept, the proceeds of anyAny Revolver Loan or advance shall be conclusively presumed to have been made to Borrowers by Bank under the Revolver Note at any time when the amount thereof, together with the sumterms and provisions hereof and shall be secured by all of the outstandingCollateral and security described or referred to herein or in the Mortgage, whether or not such loan conforms in all respects to the terms and provisions hereof. If Bank should (for the convenience of Borrowers or for any other reason) make loans or advances which would cause the unpaid principal amount of the Revolver Note plus the Letteroutstanding and unfunded Letters of Credit Exposure exceedsto exceed the amount of the applicable Collateral Borrowing Base, no such variance, change or departure shall prevent any such loan or loans from being secured by the Collateral Borrowing Base. As usedand the security created or intended to be created herein or in this Agreement, the term "Collateral Borrowing Base" shall mean theSecurity Instruments. The Collateral Borrowing Base as determinedshall not in accordance withany manner limit the provisionsextent or scope of [Article IV]the Collateral and security granted for the repayment of this Agreement.the Revolver Note (or any other Indebtedness) or limit the amount of indebtedness under the Revolver Note (or any other Indebtedness) to be secured.