Common use of Terms of Advances Clause in Contracts

Terms of Advances. a) Advances made under this Agreement will be available to the Borrower in the form, and pursuant to procedures, as are established from time to time by the Bank in its sole and absolute discretion. The Borrower and each Loan Party agree to promptly provide all documents, financial or other information in connection with any Advance as the Bank may request. Advances will be made by wire transfer of funds to an account as specified in writing by the Borrower or by any other method agreed upon by the Bank and the Borrower. The Borrower acknowledges and agrees that the Bank will not make any Advance to the Borrower unless the collateral maintenance requirements that are established by the Bank in its sole and absolute discretion have been satisfied.

Appears in 7 contracts

Samples: Credit Line Agreement (Advanced Energy Industries Inc), Credit Line Agreement (Ubs Ag), Credit Line Agreement (Abercrombie & Fitch Co /De/)

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Terms of Advances. a) Advances a)Advances made under this Agreement will be available to the Borrower in the form, and pursuant to procedures, as that are established from time to time by the Bank in its sole and absolute discretion. The Borrower and each other Loan Party agree to shall promptly provide all documents, documents and financial or other information (in connection with any Advance as Advance) which the Bank may request. Advances will be made by wire transfer of funds to an account as specified in writing by the Borrower or by any other method agreed upon by the Bank and the Borrower. The Borrower acknowledges and agrees that the Bank will not make any Advance to the Borrower unless the collateral maintenance requirements that are established by the Bank in its sole and absolute discretion have been satisfied.

Appears in 2 contracts

Samples: Credit Line Agreement, Borrower Agreement (Natera, Inc.)

Terms of Advances. a) Advances made under this Agreement will be available to the Borrower in the form, and pursuant to procedures, as are established from time to time by the Bank in its sole and absolute discretion. The Borrower and each Loan Party agree to promptly provide all documents, financial or other information in connection with regarding any Advance as the Bank may request. Advances will be made by wire transfer of funds to an account as specified in writing by the Borrower or by any other method agreed upon by the Bank and the Borrower. The Borrower acknowledges and agrees that the Bank will not make any Advance to the Borrower unless the collateral maintenance requirements that are established by the Bank in its sole and absolute discretion have been satisfied.

Appears in 1 contract

Samples: Credit Line Agreement (Georgiopoulos Peter C)

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Terms of Advances. a) Advances made under this Agreement will be available to the Borrower in the form, and pursuant to procedures, as are established from time to time by the Bank in its sole and absolute discretion. The Borrower and each other Loan Party agree to shall promptly provide all documents, financial or other information in connection with any Advance as the Bank may request. Advances will be made by wire transfer of funds to an account as specified in writing by the Borrower or by any other method agreed upon by the Bank and the Borrower. The Borrower acknowledges and agrees that the Bank will not make any Advance to the Borrower unless the collateral maintenance requirements that are established by the Bank in its sole and absolute discretion have been satisfied.

Appears in 1 contract

Samples: Credit Line Agreement (Daybreak Oil & Gas Inc)

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