Common use of Over-Advances Clause in Contracts

Over-Advances. Notwithstanding any other provision of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Million Dollars ($9,000,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

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Over-Advances. Notwithstanding any other provision provisions of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Seventeen Million Five Hundred Thousand Dollars ($9,000,000.0017,500,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

Over-Advances. Notwithstanding any other provision provisions of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Twenty One Million Dollars ($9,000,000.0021,000,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

Over-Advances. Notwithstanding any other provision provisions of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Ten Million Dollars ($9,000,000.0010,000,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

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Over-Advances. Notwithstanding any other provision provisions of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Twelve Million Dollars ($9,000,000.0012,000,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

Over-Advances. Notwithstanding any other provision provisions of this Credit Agreement, if at any time the aggregate principal amount of Advances outstanding under this Credit Agreement or any commitment hereunder shall exceed (i) Nine Fifteen Million Dollars ($9,000,000.0015,000,000.00), or (ii) any other limitation set forth herein, the Borrower shall immediately pay to the Lender the amount by which said principal amount exceeds such limitation.

Appears in 1 contract

Samples: Credit Agreement (Taylor Investment Corp /Mn/)

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