Common use of Loan Limit Clause in Contracts

Loan Limit. The aggregate loan limit shall be Four Million two hundred fifty thousand and No/100s Dollars ($4,250,000.00) (the “Loan Limit”). The Loan Limit is inclusive of the amount the Trust will pay to the Bank in respect of the Assignment, but shall be exclusive of any accrued but unpaid interest hereunder. Provision A. 3 of the Twelfth Amendment is deleted in its entirety and the following is substituted in its place:

Appears in 1 contract

Sources: Loan and Security Agreement (Wegener Corp)

Loan Limit. The aggregate loan limit shall be Four Million two hundred fifty thousand and No/100s Dollars ($4,250,000.004,000,000.00) (the “Loan Limit”). The Loan Limit is inclusive of the amount the Trust will pay to the Bank in respect of the Assignment, but shall be exclusive of any accrued but unpaid interest hereunder. Provision A. 3 of the Twelfth Amendment is deleted in its entirety and the following is substituted in its place:.

Appears in 1 contract

Sources: Loan and Security Agreement (Wegener Corp)