Common use of Request for Loans Clause in Contracts

Request for Loans. Borrower shall provide Silicon with at least fifteen (15) days’ prior written notice (or such lesser notice as Silicon may agree to accept) of Borrower’s desire to have Silicon make any Loan to Borrower which causes the principal balance to exceed $1,000,000. Such Loans, if any, shall be made in accordance with the terms and conditions of this Agreement.

Request for Loans. Borrower shall provide Silicon with at least fifteen (15) days’ prior written notice (or such lesser notice as Silicon may agree to accept) of Borrower’s desire to have Silicon make any Loan to Borrower which causes the principal balance to exceed $1,000,000. Such Loans, if any, shall be made in accordance with the terms and conditions of this Agreement.