Common use of Capital Expenditure Loans Clause in Contracts

Capital Expenditure Loans. (a) In addition to the other credit provided under this Agreement, during the availability period set forth below, unless a Default or Event of Default exists under this Agreement, Borrower may request Capital Expenditure Loans from Bank in an aggregate principal amount not to exceed $6,000,000. The availability period for such loans is from the date of this Agreement through January 30, 2001. Any amount repaid with respect to Capital Expenditure Loans may not be reborrowed.

Appears in 2 contracts

Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)

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Capital Expenditure Loans. (a) In addition to the other credit provided under this Agreement, during the availability period set forth below, unless a Default or Event of Default exists under this Agreement, Borrower may request Capital Expenditure Loans from Bank in an aggregate principal amount not to exceed Three Million Dollars ($6,000,0003,000,000). The availability period for such loans is from the date of this Agreement through January November 30, 20011998. Any amount repaid with respect to Capital Expenditure Loans may not be reborrowed.

Appears in 1 contract

Samples: Business Loan Agreement (Hawker Pacific Aerospace)

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