Common use of Line Clause in Contracts

Line. Subject to and upon the terms and conditions contained in this Agreement, and relying on the representations and warranties contained in this Agreement, each Bank, severally, agrees to make a revolving line of credit available to the Borrower in the maximum aggregate principal amount equal to such Bank's Commitment set forth in SCHEDULE 1 hereto. The aggregate amount of all Advances, plus the undisbursed amount of all standby letters of credit permitted to be issued under Subsection 2.1(c) hereof, cannot exceed the Commitment Limit. The line of credit is represented by the Notes in the aggregate principal amount of the Amount, and individually in the principal amount of each Bank's commitment, payable to the order of the Banks. Principal and all accrued and unpaid interest on the line of credit shall be payable in full at maturity on the Maturity Date, after which no further Advances will be made.

Line. Subject to and upon the terms and conditions contained in this Agreement, and relying on the representations and warranties contained in this Agreement, each Bank, severally, agrees to make a revolving line of credit available to the Borrower in the maximum aggregate principal amount equal to such Bank's Commitment set forth in SCHEDULE Schedule 1 hereto. The aggregate amount of all Advances, plus the undisbursed amount of all standby letters of credit permitted to be issued under Subsection 2.1(c) hereof, cannot exceed the Commitment Limit. The line of credit is represented by the Notes in the aggregate principal amount of the Amount, and individually in the principal amount of each Bank's commitment, payable to the order of the Banks. Principal and all accrued and unpaid interest on the line of credit shall be payable in full at maturity on the Maturity Date, after which no further Advances will be made.