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TPS57140-EP: How do Io, Iout, and Iout max differ?

Part Number: TPS57140-EP

In section 8.2.2.2 of the datasheet the minimum inductance is calculated using Io, how does this value differ from Iout and Iout max. Additionally, in the design example listed the maximum output current is stated as 1.5A, is this the value that should be used wherever Iout max is stated based on the absolute max of the chip or the absolute max of the circuit that is being designed. For example, if I am designing a circuit with a worst case current draw of 0.5A, is that Iout max?