Common use of Limitation on Borrowings Clause in Contracts

Limitation on Borrowings. Outstanding borrowings under the Line of Credit, to a maximum of the principal amount set forth above, shall not at any time exceed an aggregate of Ten Million Dollars ($10,000,000).

Appears in 3 contracts

Samples: Credit Agreement (Endologix Inc /De/), Credit Agreement (Cerus Corp), Credit Agreement (Endologix Inc /De/)

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Limitation on Borrowings. Outstanding borrowings under the Line of Credit, to a maximum of the principal amount set forth above, shall not at any time exceed an aggregate of Ten Million Dollars ($10,000,000)) (as such amount may be reduced pursuant to Section 1.1(d) below) less the undrawn amount of all Letters of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Skullcandy, Inc.), Credit Agreement (Skullcandy, Inc.)

Limitation on Borrowings. Outstanding borrowings under the Line of Credit, to a maximum of the principal amount set forth above, shall not at any time exceed an aggregate of Ten Fifteen Million Dollars ($10,000,00010,000,000.00).

Appears in 1 contract

Samples: Credit Agreement (Startek Inc)

Limitation on Borrowings. Outstanding borrowings under the Line of Credit, to a maximum of the principal amount set forth above, shall not at any time exceed an aggregate of Ten Million Dollars ($10,000,00010,000,000.00).

Appears in 1 contract

Samples: Credit Agreement (Startek Inc)

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Limitation on Borrowings. Outstanding borrowings under the Line of Credit, to a maximum of the principal amount set forth above, Credit shall not at any time exceed an aggregate principal amount of Ten Million Dollars ($10,000,000)10,000,000.00.

Appears in 1 contract

Samples: Credit Agreement (Cerprobe Corp)

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