Request for Advances. Each Advance shall be made after delivery by the Company to the Institutional Buyers of a Request for Advance, duly executed by the Company, delivered not later than 11:00 a.m. (Denver, Colorado time) on the second Business Day prior to the date of the proposed Advance. The Request for Advance shall be in the form attached hereto as Exhibit D. The requested Advance shall be in an amount at least equal to the lesser of (A) $200,000, or (B) the undrawn amount of such Institutional Buyer’s Revolving Loan Commitment.
Appears in 3 contracts
Sources: Securities Purchase Agreement (GDBA Investments LLLP), Securities Purchase Agreement (BOCO Investments LLC), Securities Purchase Agreement (Across America Real Estate Corp)