U.S. Bank LOC definition

U.S. Bank LOC means that certain $15,000,000 revolving line of credit to Borrower from U.S. Bank pursuant to that certain Loan Agreement dated as of December 18, 2012, as amended.

Examples of U.S. Bank LOC in a sentence

  • The Borrower will, and will cause each Subsidiary to, use the proceeds of Loans for the purpose of (i) paying-off the U.S. Bank LOC, (ii) making acquisitions, (iii) making stock repurchases, (iv) working capital needs, and (v) other general corporate purposes.