Common use of The Revolving Loan Clause in Contracts

The Revolving Loan. (a) The Lender agrees to lend to the Borrower and the Borrower agrees to borrow on a revolving basis from time to time the principal amount (the "Revolving Loan") not to exceed at any time outstanding the lesser (the "Revolving Loan Committed Amount") of Six Million Dollars ($6,000,000) or the Borrowing Base.

Appears in 1 contract

Samples: Financing and Security Agreement (National Techteam Inc /De/)

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The Revolving Loan. (a) The Lender agrees to lend to the Borrower Borrowers and the Borrower agrees Borrowers agree to borrow on a revolving basis from time to time the principal amount (the "Revolving Loan") not to exceed at any time outstanding the lesser (the "Revolving Loan Committed Amount") of Six Three Million Dollars ($6,000,0003,000,000) or the Borrowing Base.

Appears in 1 contract

Samples: Financing and Security Agreement (Versar Inc)

The Revolving Loan. (a) The Lender agrees Lenders agree to lend to the Borrower Borrowers and the Borrower agrees Borrowers jointly and severally agree to borrow on a revolving basis from time to time the principal amount outstanding (the "Revolving Loan") not to exceed at any time outstanding the lesser (the "Revolving Loan Committed Amount") of Six Twenty Seven Million Dollars ($6,000,000) or the Borrowing Base27,000,000).

Appears in 1 contract

Samples: Financing and Security Agreement (Fti Consulting Inc)

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The Revolving Loan. (a) The Lender agrees to lend to the Borrower and the Borrower agrees to borrow on a revolving basis from time to time the principal amount (the "Revolving Loan") not to exceed at any time outstanding $10,000,000 or during any Restricted Period, the lesser (the "Revolving Loan Committed Amount") of Six Million Dollars ($6,000,000) 10,000,000, or the Borrowing Base.

Appears in 1 contract

Samples: Financing and Security Agreement (Forensic Technologies International Corp)

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