Common use of Amount and Type Clause in Contracts

Amount and Type. Senior secured revolving credit facility in an aggregate principal amount not to exceed Seven Million Five Hundred Thousand ($7,500,000.00) at any one time outstanding (the “Revolving Credit Facility”) minus the outstanding amount of letters of credit issued by the Bank for the account of the Borrower.

Appears in 2 contracts

Sources: Senior Secured Credit Facilities (Heist Charles H), Senior Secured Credit Facilities (Burton Donald W)