Common use of Additional Credit Facility Clause in Contracts

Additional Credit Facility. The term “Additional Credit Facility” shall mean that certain $50,000,000 credit facility provided by WFF to Borrower pursuant to that certain Loan and Security Agreement-Receivables dated December 16, 2005 by and between Borrower and WFF and as may hereafter be further amended from time to time (the “Additional Credit Loan Agreement”).”

Appears in 1 contract

Sources: Loan and Security Agreement (Silverleaf Resorts Inc)

Additional Credit Facility. The term “Additional Credit Facility” shall mean that certain $50,000,000 15,000,000 credit facility provided by WFF to Borrower pursuant to that certain Loan and Security Agreement-Receivables Inventory dated December 16, 2005 by and between Borrower and WFF and as may hereafter be further amended from time to time (the “Additional Credit Loan Agreement”).”

Appears in 1 contract

Sources: Loan and Security Agreement (Silverleaf Resorts Inc)