Common use of Maximum Advances Clause in Contracts

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 23 contracts

Samples: Security Agreement (Bio Reference Laboratories Inc), Credit and Security Agreement (Akrion, Inc.), Security Agreement (Maxum Petroleum Holdings, Inc.)

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Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 11 contracts

Samples: Credit and Security Agreement (Pc Connection Inc), Security Agreement (Kenexa Corp), Credit and Security Agreement (Pc Connection Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (PDS Financial Corp), Revolving Credit and Security Agreement (Warner Chilcott PLC)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Allegheny Technologies Inc), Security Agreement (Allegheny Technologies Inc)

Maximum Advances. In the case of any Advances requested to be made, ----------------- after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Delta Woodside Industries Inc /Sc/), Security Agreement (Delta Mills Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereofany provision of this Agreement. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section 8.2 shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Richton International Corp), Security Agreement (Richton International Corp)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower the Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Lesco Inc/Oh), And (Blonder Tongue Laboratories Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowers hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (E Com Ventures Inc), Revolving Credit and Security Agreement (E Com Ventures Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower Loan Party as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Cold Metal Products Inc)

Maximum Advances. In the case of any Advances requested to be ----------------- made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Intelligroup Inc)

Maximum Advances. In the case of any Advances requested to be made, after After giving effect theretoto the requested Advance, the aggregate amount of Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereofMaximum Advance Amount. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Bullish)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the The aggregate Advances outstanding shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof2.1. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section shall have been satisfied.

Appears in 1 contract

Samples: Loan Agreement (Smartserv Online Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 2.5 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Us Home & Garden Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied. IX.

Appears in 1 contract

Samples: Credit, Term Loan And Security Agreement (Measurement Specialties Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Credit and Security Agreement (Cold Metal Products Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit Agreement (Claires Stores Inc)

Maximum Advances. In the case of any Advances requested to be made, after After giving effect theretoto any Advance, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereofhereunder. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section 8.2 shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (General Datacomm Industries Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 2.5 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section 8.2 shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Waxman Industries Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereofMaximum Commitment. Each request for an a Advance by any the Borrower hereunder shall constitute a representation and warranty by each the Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Loan and Security Agreement (Odetics Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 2.4 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Candies Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Loan and Security Agreement (Lets Talk Cellular & Wireless Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (E Com Ventures Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 2.4, Section 2.5 or Section 2.5A hereof, as applicable. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Allstate Financial Corp /Va/)

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Maximum Advances. In the case of any Advances requested to be ---------------- made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Credit and Security Agreement (Pc Connection Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Advanced Lighting Technologies Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.; and

Appears in 1 contract

Samples: Term Loan Agreement (Transtexas Gas Corp)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Obligor hereunder shall constitute a representation and warranty by each Borrower Obligor as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Loan and Security Agreement (Philipp Brothers Chemicals Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied and, in the case of an Advance for the purposes of making a Capital Expenditure, a Permitted Acquisition, an Investment permitted under Section 7.2, that conditions under which such transaction is permitted hereunder are satisfied.

Appears in 1 contract

Samples: Security Agreement (Evergreen International Aviation Inc)

Maximum Advances. In the case of any Advances requested to be made, made after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower Obligor as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Agreement (Styrochem U S Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower Borrowing Agent hereunder shall constitute a representation and warranty by each Borrower Borrowers as of the date of such Advance that the conditions contained in this subsection (except the approval by the Required Lenders or Lenders as contemplated by clause (a) above) shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (HMG Worldwide Corp)

Maximum Advances. In the case of any Advances ---------------- requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 2.2 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.; and

Appears in 1 contract

Samples: Lender Assignment Agreement (Tarrant Apparel Group)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection Section 8.2 shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit And (Swank Inc)

Maximum Advances. In the case of any Advances requested to be ---------------- made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Air Methods Corp

Maximum Advances. In the case of any Advances requested to be made, made after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower Borrower, European and U.S. Guarantor as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.. 9. INFORMATION Each Borrower shall, until satisfaction in full of the Obligations and the termination of this Agreement: (a)

Appears in 1 contract

Samples: Agreement (Styrochem U S Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower Credit Party as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Sunsource Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower the Borrowers hereunder shall constitute a representation and warranty by each Borrower the Borrowers as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Credit and Security Agreement (Canisco Resources Inc)

Maximum Advances. In the case of any Advances requested to be made, after giving effect thereto, the aggregate Advances shall not exceed the maximum amount of Advances permitted under Section 2.1 hereof. Each request for an Advance by any Borrower hereunder shall constitute a representation and warranty by each Borrower Loan Party as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Loan and Security Agreement (Vision-Ease Lens CORP)

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