Common use of Acquisition Facility Clause in Contracts

Acquisition Facility. The Bank shall make available to the Borrower, commencing on the Closing Date, an Acquisition Facility in the maximum principal amount of $10,000,000 (the "Acquisition Loan Commitment"), upon the terms and conditions set forth herein.

Appears in 1 contract

Sources: Loan Agreement (Blonder Tongue Laboratories Inc)

Acquisition Facility. The Bank shall make available to the Borrower, commencing on the Closing Date, an Acquisition Facility in the maximum principal amount of $10,000,000 15,000,000 (the "Acquisition Loan Commitment"), upon the terms and conditions set forth herein.

Appears in 1 contract

Sources: Loan Agreement (Blonder Tongue Laboratories Inc)