Common use of Revolving Nature Clause in Contracts

Revolving Nature. Facility A shall be a revolving facility. For greater certainty, the Borrower shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount under Facility A from time to time; provided that the Outstanding Principal Amount under Facility A shall not exceed the Facility A Margin Limit in effect at such time.

Appears in 5 contracts

Samples: Credit Agreement (Aurora Cannabis Inc), And (Aurora Cannabis Inc), Credit Agreement (Aurora Cannabis Inc)

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Revolving Nature. Facility A shall be is a revolving facility. For greater certainty, the Borrower shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount under Facility A from time to time; provided that the Outstanding Principal Amount under Facility A shall not exceed the Facility A Margin Limit in effect at such time.

Appears in 2 contracts

Samples: Credit Agreement (Organigram Holdings Inc.), Credit Agreement (Organigram Holdings Inc.)

Revolving Nature. Facility A shall be a revolving facility. For greater certainty, the Borrower Borrowers shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount Advances under Facility A from time to time; provided that the Outstanding Principal Amount Advances under Facility A shall not exceed the Facility A Margin Limit in effect at such timeLimit.

Appears in 2 contracts

Samples: First Amended And (Tucows Inc /Pa/), Agreement (Tucows Inc /Pa/)

Revolving Nature. Facility A shall be a revolving facility. For greater certainty, the Borrower shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount Advances under Facility A from time to time; provided that the Outstanding Principal Amount Advances under Facility A shall not exceed the Facility A Margin Limit in effect at such time.

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

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Revolving Nature. Facility A shall be is a revolving facility. For greater certainty, the Borrower shall be entitled to obtain Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount under Facility A from time to time; provided that the Outstanding Principal Amount under Facility A shall not exceed the Facility A Margin Limit in effect at such time.

Appears in 1 contract

Samples: Credit Agreement (Organigram Holdings Inc.)

Revolving Nature. Facility A shall be a revolving facility. For greater certainty, the Borrower shall be entitled to obtain repay all or any portion of the Outstanding Advances under Facility A from time to time and repay all or any portion of the Outstanding Principal Amount obtain further Advances under Facility A from time to time; provided that the principal amount of Outstanding Principal Amount Advances at any time under Facility A shall not exceed the Facility A Margin Limit in effect at such time.

Appears in 1 contract

Samples: Credit Agreement (Sterling Chemical Inc)

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