General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of the Loan Agreement, be either in the form of a Prime Rate Advance or a LIBOR Advance; provided that in no event shall Borrower maintain at any time LIBOR Advances having more than three (3)
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Rate Advance or a LIBOR Rate Advance; provided, that in no event shall there be outstanding more than three LIBOR Rate Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
General Provisions Relating to the Advances. In no event shall Borrower maintain at any time LIBOR Advances having more than two (2)
General Provisions Relating to the Advances. Each Advance shall be in Dollars and shall be in the form of a Prime Rate Advance.
General Provisions Relating to the Advances. Each Advance shall be in the form of a Prime Rate Advance. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.5.
General Provisions Relating to the Advances. Each Equipment Advance shall be made in Dollars and shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Prime Rate Advance or a LIBOR Advance; provided, that in no event shall Borrower maintain at any time LIBOR Advances having more than two (2)
General Provisions Relating to the Advances. Each Advance in Dollars shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Prime Rate Advance or a LIBOR Advance; provided, that in no event shall Borrower maintain at any time LIBOR Advances having more than five (5)
General Provisions Relating to the Advances. No further LIBOR Advances shall be available after the date of this Amended and Restated Loan and Security Agreement.
General Provisions Relating to the Advances. Each Advance shall, at the Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Prime Rate Advance or a LIBOR Advance; provided, that (i) each LIBOR Advance must be in a minimum amount of $500,000 and (ii) in no event shall the Borrower maintain at any time LIBOR Advances having more than four (4) different Interest Periods; provided further, that if Borrower is at or below the Asset-Based Threshold, then each Advance shall be only in the form of a Prime Rate Advance. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3(b).
General Provisions Relating to the Advances. Each Advance shall, at Borrower’s option in accordance with the terms of this Agreement, be either in the form of a Base Rate Advance or a Eurodollar Advance; provided, that in no event shall there be outstanding more than three (3) Eurodollar Advances at any time. Borrower shall pay interest accrued on the Advances at the rates and in the manner set forth in Section 2.3.
