The datasheet for the TPS61170 gives two formulae on page 14 to calculate the maximum output current and gives the example of 5V in and 12V out having a maximum current of 300mA.
Using the same figures given plus an efficiency of 90% and Ilim of 1.2A I calculate an Ip of 246mA and a maximum current of 454mA.
How do TI arrive at a figure of 300mA?
Mike