Common use of Commitment and Loans Clause in Contracts

Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans (“Loans”) to Borrowers on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Request must be greater than or equal to $50,000] or the unadvanced portion of the Borrowing Base. After giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate amount of all Loans outstanding shall not exceed the Collateral Value of the Borrowing Base.

Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans (“"Loans”") to Borrowers Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Request Notice must be greater than or equal to $50,000] 25,000 or the unadvanced portion of the Borrowing Base. After giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate amount of all Loans outstanding shall not exceed the Collateral Value of the Borrowing Base.