Common use of Minimum Advance Clause in Contracts

Minimum Advance. Each advance must be for at least fifty thousand dollars ($50,000.00), or for the amount of the remaining available Revolving Line of Credit, if less.

Appears in 2 contracts

Sources: Commercial Loan Agreement (Compass Plastics & Technologies Inc), Commercial Loan Agreement (Compass Plastics & Technologies Inc)

Minimum Advance. Each advance must be for at least fifty thousand dollars One Hundred Thousand Dollars ($50,000.00100,000.00), or for the amount of the remaining available Revolving Line of Credit, if less.

Appears in 1 contract

Sources: Commercial Loan Agreement (Arlen Corp)

Minimum Advance. Each advance must be for at least fifty thousand dollars ($50,000.0050,000), or for the amount of the remaining available Revolving Line of Credit, if less.

Appears in 1 contract

Sources: Commercial Loan Agreement (Compass Plastics & Technologies Inc)