Common use of Revolving Line of Credit Clause in Contracts

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $3,000,000 (the "Revolving Line of Credit") until March 31, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Main Street & Main Inc)

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Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, working capital and support of standby letter of credit activity purposes in an amount not to exceed $3,000,000 5,000,000 (the "Revolving Line of Credit") until March 31November 5, 2000 2001 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Confidential Treatment Requested (Overland Data Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposesworking capital requirements of Borrower, in an amount not to exceed $3,000,000 1,500,000 (the "Revolving Line of Credit") until March July 31, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Monterey Pasta Co)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event Event of default Default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $3,000,000 500,000 (the "Revolving Line of Credit") until March 31June 30, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (PDF Solutions Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $3,000,000 1,500,000 (the "Revolving Line of Credit") until March 31August 5, 2000 2000, (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Trega Biosciences Inc)

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Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $3,000,000 500,000 (the "Revolving Line of Credit") until March 3115, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Easyriders Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that in no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $3,000,000 5,000,000 (the "Revolving Line of Credit") until March 31July 15, 2000 (the "Revolving Line of Credit Maturity Date"). _ Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Main Street & Main Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no event of default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate working capital purposes, in an amount not to exceed $3,000,000 (the "Revolving Line of Credit") until March 31December 8, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Entrade Inc)

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