The Term Loan Facility. Upon the terms and conditions set forth herein, SNB shall make available to the Borrower, commencing on the Effective Date and until the Termination Date, Advances under the Term Loan in the aggregate maximum principal amount not to exceed Three Million Dollars ($3,000,000) (the “Term Loan Commitment”); provided, however, there shall be no re-advances of principal once the Term Loan has been fully advanced.
Appears in 2 contracts
Sources: Senior Secured Credit Agreement (Hiland Holdings GP, LP), Senior Secured Credit Agreement (Hiland Holdings GP, LP)