Common use of FORMULA LOANS Clause in Contracts

FORMULA LOANS. The credit which Bank may now or hereafter extend to Debtor subject to the limitations of this Agreement and to the conditions and limitations of any other agreement between Debtor and Bank is identified as follows: $2,250,000 secured, demand line of credit and any extensions, renewals or substitutions, whether in a greater or lesser amount, including any letters of credit issued thereunder ("Formula Loans").

FORMULA LOANS. The credit which Bank may now or hereafter extend to Debtor Borrower subject to the limitations of this Agreement and to the conditions and limitations of any other agreement between Debtor Borrower and Bank is identified as follows: $2,250,000 3,500,000 secured, demand line of credit and any extensions, renewals or substitutions, whether in a greater or lesser amount, including any letters of credit issued thereunder ("Formula Loans").

FORMULA LOANS. The credit which Bank may now or hereafter extend to Debtor Debtors subject to the limitations of this Agreement and to the conditions and limitations of any other agreement between Debtor Debtors and Bank is identified as follows: $2,250,000 secured, demand 30,000,000 secured line of credit and any extensions, renewals or substitutions, whether in a greater or lesser amount, including any letters of credit issued thereunder ("Formula Loans").

FORMULA LOANS. The credit which Bank may now or hereafter extend to Debtor Debtors subject to the limitations of this Agreement and to the conditions and limitations of any other agreement between Debtor Debtors and Bank is identified as follows: $2,250,000 secured, demand 33,000,000 secured line of credit and any extensions, renewals or substitutions, whether in a greater or lesser amount, including any letters of credit issued thereunder ("Formula Loans").

FORMULA LOANS. The credit which Bank may now or hereafter extend to Debtor subject to the limitations of this Agreement and to the conditions and limitations of any other agreement between Debtor and Bank is identified as follows: $2,250,000 secured, 2,000,000 demand line of credit and any extensions, renewals or substitutionssubstitutions thereof, whether in a greater or lesser amount, including any letters of credit issued thereunder ("Formula Loans").