Common use of Third Term Loan Clause in Contracts

Third Term Loan. (a) Third Term Loan. The Bank has made and continues to make hereunder a loan (the "Third Term Loan") to Borrower, in the outstanding principal amount as of the Closing Date of [One Million Three Hundred Twenty-Five Thousand Dollars ($1,325,000)].

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)

Third Term Loan. (a) Third Term Loan. The Bank has made and continues to make hereunder a loan (the "Third Term Loan") to Borrower, in the outstanding principal amount as of the Closing Date of [One Million Three Hundred Twenty-Five Thousand Dollars ($1,325,0001,300,000)].

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)