Common use of Revolving Credit Loan Clause in Contracts

Revolving Credit Loan. (a) Subject to the terms and conditions hereof, Bank hereby extends to Borrowers a line of credit facility (the “Facility” or the “Loan”) under which Bank may make loans (the “Revolving Loans”) to Borrowers at Borrowers’ requests from time to time during the term of this Agreement. Bank will have discretion at all times as to whether or not to make any Revolving Loan if there is any Event of Default (as defined below). Borrower may borrow, prepay, and reborrow under the Facility, provided that the principal amount of all Revolving Loans outstanding at any one time under the Facility will not exceed the foregoing limits or those limits specified in the Revolving Note. If the amount of the Revolving Loans outstanding at any time under the Facility exceeds the limits set forth above or in the Revolving Note, Borrower will immediately pay the amount of such excess to Bank in certified funds. Bank has agreed to make this Loan upon the terms and subject to the conditions of this Agreement and all documents executed pursuant to or in connection with this Agreement (all such documents and this Agreement will be called “Loan Documents”).

Revolving Credit Loan. (a) Subject to the terms and conditions hereof, Bank hereby extends to Borrowers Borrower a line of credit facility (the “"Facility” or ") (the “"Loan”") under which Bank may make loans (the “Revolving Loans”") to Borrowers Borrower at Borrowers’ requests Borrower's request from time to time during the term of this Agreement. Bank will have discretion at all times as to whether or not to make any Revolving Loan Loan, if there is any Event of Default (as defined below)Default. Borrower may borrow, prepay, and reborrow under the Facility, provided that the principal amount of all Revolving Loans outstanding at any one time under the Facility will not exceed the foregoing limits or those limits specified in the Revolving Note. If the amount of the Revolving Loans outstanding at any time under the Facility exceeds the limits set forth above or in the Revolving Note, Borrower will immediately pay the amount of such excess to Bank in certified fundsBank. Bank has agreed to make this Loan loan upon the terms and subject to the conditions of this Agreement and all documents executed pursuant to or in connection with this Agreement (all such documents and this Agreement will be called “("Loan Documents”"), provided the loan is secured as set forth in this Agreement.

Revolving Credit Loan. (a) Subject to the terms and conditions hereof, Bank hereby extends to Borrowers a line of credit facility (the “"Facility” " or the “"Loan”") under which Bank may make loans (the “"Revolving Loans”") to Borrowers at Borrowers’ ' requests from time to time during the term of this Agreement. Bank will have discretion at all times as to whether or not to make any Revolving Loan if there is any Event of Default (as defined below). Borrower may borrow, prepay, and reborrow under the Facility, provided that the principal amount of all Revolving Loans outstanding at any one time under the Facility will not exceed the foregoing limits or those limits specified in the Revolving Note. If the amount of the Revolving Loans outstanding at any time under the Facility exceeds the limits set forth above or in the Revolving Note, Borrower will immediately pay the amount of such excess to Bank in certified funds. Bank has agreed to make this Loan upon the terms and subject to the conditions of this Agreement and all documents executed pursuant to or in connection with this Agreement (all such documents and this Agreement will be called “"Loan Documents”").