Banks’ Commitment. Subject to the terms and provisions hereof, the Bank agrees to lend to the Company, and the Company may borrow from the Bank, from time to time during the term hereof, amounts not to exceed the Maximum Outstanding Amount. The Company may borrow, repay and re-borrow amounts under the Revolving Line of Credit as herein provided.
Appears in 1 contract
Sources: Loan Agreement (Newmark Homes Corp)
Banks’ Commitment. Subject to the terms and provisions hereof, the Bank agrees to lend to the CompanyBorrower, and the Company Borrower may borrow from the Bank, from time to time during the term hereof, amounts not to exceed the Maximum Outstanding Amount. The Company Borrower may borrow, repay and re-borrow amounts under the Revolving Line of Credit as herein provided.
Appears in 1 contract
Sources: Loan Agreement (Newmark Homes Corp)