Master Line definition

Master Line means the master revolving line of credit facility, which includes the Letter of Credit Line and the Swingline.
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Examples of Master Line in a sentence

  • This Note is the "Master Line of Credit Note" described in a Loan Agreement dated as of September 26, 1994 by and among the Borrower and Comarco Wireless Technologies, Inc., International Business Services, Inc., Decisions and Designs, Inc., LCTI, Inc.

  • No employee will be scheduled for more shifts then they are required in their Master Line averaged over the scheduling periods impacting by the holiday period.

  • The Borrower and the Lender agree that the execution of this Agreement is not intended and shall not cause or result in a novation with regard to the Fourth Replacement Master Line of Credit Note.

  • This Agreement and all of the other Loan Documents contain the entire agreement between Borrower, Agent and Lenders with respect to the Master Line, and all prior negotiations, commitments, understandings and agreements concerning any modification of the Master Line are superseded by this Agreement and the Loan Documents.

  • Each Swingline Advance shall be an advance under the Master Line.

  • The Borrower and the Lender agree that the execution of this Agreement is not intended and shall not cause or result in a novation with regard to the Second Replacement Master Line of Credit Note.

  • The parties acknowledge that the Notes, remain secured by all of those Deed of Trust, Security Agreement and Assignment of Leases (Master Line) instruments executed by Borrower as security for the Loan, including, but not limited to that instrument recorded at Book 8080, Page 1025, Wake County Registry, as supplemented by those Supplemental Deed(s) of Trust, if any, executed by Borrower, (collectively the “Deed of Trust”).

  • UBA and MBC have entered into a Master Line of Credit Agreement (the "Agreement"), dated as of August 31, 1999, with respect to a credit facility in the amount of $800,000 made available to MBC by UBA.

  • There has been no material adverse change in the financial condition of Borrower or any Borrower Party since the closing of the Master Line.

  • Borrower and Lender entered into a Master Line of Credit Agreement dated August 31, 1999 (the Master Line of Credit Agreement, together with all amendments thereto shall hereinafter be referred to, collectively, as the "Master Agreement"), which provides that on the terms and conditions contained therein, Lender would make available to Borrower a credit facility in the principal amount of $800,000.

Related to Master Line

  • Water Line The water line is the single lateral water service line from the point of the water utility’s connection to the point of the water meter or main shut off line inside the home. The water line also includes well water lines, excluding those exceeding five feet under the surface level of the yard.

  • Inner liner means a continuous layer of material placed inside a tank or container which protects the construction materials of the tank or container from the contained waste or reagents used to treat the waste.

  • Overhead line means any electric supply-line, which is placed above ground and in the open air but excluding live rails of traction system;

  • Trunk line means a transmission path, or group of

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.