Credit Limit. (Section 1.1): An amount not to exceed the lesser of. (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
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Samples: Loan and Security Agreement (Omnicell Com /Ca/), Loan and Security Agreement (Omnicell Inc /Ca/)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 5,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. ================================================================================
Appears in 2 contracts
Samples: Loan and Security Agreement (Firepond Inc), Loan and Security Agreement (Vixel Corp)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. of (ia) a total of $10,000,000 1,000,000 at any one time outstanding (the "Maximum Credit Limit"); , or (iib) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).; provided that the total outstanding Obligations under this Loan Agreement and under the Non-Exim Agreement (as defined below) shall not at any time exceed $2,500,000 (the "Overall Credit Limit"). ================================================================================
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 15,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above). LETTER OF CREDIT SUBLIMIT (Section 1.5): $15,000,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Onyx Software Corp/Wa)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 3,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. ================================================================================
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 3,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
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Credit Limit. (Section 1.1Section1.1): An amount not to exceed the lesser of. : (i) $10,000,000 5,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7570% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. ================================================================================
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Overall Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. Loans will be made to each Borrower based on the Eligible Receivables of each Borrower, subject to the Overall Credit Limit set forth above for all Loans to all Borrowers combined. ==============================================================================
Appears in 1 contract
Samples: Loan and Security Agreement (Sa Telecommunications Inc /De/)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above). Loans will be made to each Borrower based on the Eligible Receivables of each Borrower, subject to the Maximum Credit Limit set forth above for all Loans to all Borrowers combined. Cash Management Sublimit (Section 1.6): See Section 1.6 above. 2.
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 5,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. Letter of Credit Sublimit (Section 1.5): $500,000 ================================================================================
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Samples: Landlord Agreement (Etinuum Inc)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 75(A) 70% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
Appears in 1 contract
Samples: Loan and Security Agreement (Lightspan Partnership Inc)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. of (i) $10,000,000 2,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. LETTER OF CREDIT SUBLIMIT (Section 1.5): $500,000 ================================================================================
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. LETTER OF CREDIT SUBLIMIT (Section 1.5): $500,000
Appears in 1 contract
Samples: Loan and Security Agreement (Lightspan Partnership Inc)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 7,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7585% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. (i) of a total of $10,000,000 3,000,000 at any one time outstanding (the "Maximum Overall Credit Limit"); , or the sum of (iia) 75and (b) below: (a) 85% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above)., plus
Appears in 1 contract
Samples: Ecoscience Corp/De
Credit Limit. (Section 1.1): An amount (the "Credit Limit") not to exceed the lesser of. : (i) $10,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 7585% of the amount of Borrower's Eligible Receivables (as defined in Section 8 9.1(n) above).
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. of (i) $10,000,000 1,500,000 at any one time outstanding (the "“Maximum Credit Limit"”); , or (ii) 7580% of the amount of Borrower's ’s Eligible Receivables (as defined in Section 8 above).
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 3,500,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. Loans will be made to each Borrower based on the Eligible Receivables of each Borrower, subject to the Credit Limit set forth above for all Loans to all Borrowers combined. Letter of Credit Sublimit (Section 1.5):$300,000
Appears in 1 contract
Samples: Loan and Security Agreement (Netsmart Technologies Inc)
Credit Limit. (Section 1.1): ) An amount not to exceed the lesser of. of (iI) $10,000,000 30,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 75% (the "Advance Rate") of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).;
Appears in 1 contract
Samples: Syquest Technology Inc
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 4,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. ================================================================================
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Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 2,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).
Appears in 1 contract
Samples: Loan and Security Agreement (Onyx Software Corp/Wa)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. of (i1) or (2) below: (1) $10,000,000 15,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii2) 75an amount equal to (i) 80% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above)., plus
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Samples: Loan and Security Agreement (Submicron Systems Corp)
Credit Limit. (Section 1.1): An amount not to exceed the lesser of. : (i) $10,000,000 2,000,000 at any one time outstanding (the "Maximum Credit Limit"); or (ii) 75% of the amount of Borrower's Eligible Receivables (as defined in Section 8 above).. LETTER OF CREDIT SUBLIMIT (Section 1.5): $500,000 ================================================================================
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Credit Limit. (Section 1.1): An amount (the "Credit Limit") not to exceed the lesser of. : (i) $10,000,000 4,000,000 at any one time outstanding (the "Maximum Credit Limit")outstanding; or (ii) 7580% of the amount of Borrower's Eligible Receivables (as defined in Section 8 9.1(n) above); PROVIDED that the foregoing Credit Limit shall not affect or relate to the loans made under the Equipment Loan Agreement (as defined in Section 8 below).
Appears in 1 contract
Samples: Loan and Security Agreement (Accumed International Inc)