Common use of Acceptances Clause in Contracts

Acceptances. This line of credit up to a maximum face value outstanding of Fifteen Million and 00/100 Dollars ($15,000,000.00) may be used for financing acceptance transactions for a maximum tenor of one hundred eighty (180) days but not to extend beyond the Facility No. 1

Appears in 1 contract

Samples: Loan Agreement (K Swiss Inc)

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Acceptances. This line of credit up to a maximum face value outstanding of Fifteen Five Million and 00/100 Dollars ($15,000,000.005,000,000.00) may be used for financing acceptance transactions in U.S. Dollars for a maximum tenor of one hundred eighty (180) days but not to extend beyond the Facility No. 1

Appears in 1 contract

Samples: Loan Agreement (K Swiss Inc)

Acceptances. This line of credit up to a maximum face value outstanding of Fifteen Million and 00/100 Dollars ($15,000,000.00) may be used for financing acceptance transactions for a maximum tenor of one hundred eighty (180) 180 days but not to extend beyond the Facility NoExpiration Date. 1The Borrower agrees:

Appears in 1 contract

Samples: Business Loan Agreement (K Swiss Inc)

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Acceptances. This line of credit up to a maximum face value outstanding of Fifteen Five Million and 00/100 Dollars ($15,000,000.005,000,000.00) may be used for financing acceptance transactions for a maximum tenor of one hundred eighty (180) days but not to extend beyond the Facility No. 1

Appears in 1 contract

Samples: Loan Agreement (K Swiss Inc)

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