Term Loan Terms. The Bank has fully disbursed to Borrowers all proceeds available under the Term Loan. The Term Loan is evidenced by the Term Note. The proceeds of the Term Loan were used by Borrowers for the purposes set forth in Paragraph B of the Preliminary Statement section of this Agreement.
Appears in 3 contracts
Sources: Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc), Loan and Security Agreement (Martin Color-Fi Inc)