Credit Advances. (a) (i) Subject to the terms and conditions set forth herein and in the Ancillary Agreements, Laurus may make revolving credit advances (the "Revolving Credit Advances") to the Company from time to time during the Term which, in the aggregate at any time outstanding, will not exceed the lesser of (x) (I) the Capital Availability Amount minus (II) such reserves as Laurus may reasonably in its good faith judgment deem proper and necessary from time to time (the "Reserves") or (y) an amount equal to (I) the Accounts Availability minus (II) the Reserves. The amount derived at any time from Section 2(a)(i)(y)(I) minus 2(a)(i)(y)(II) shall be referred to as the "Formula Amount".
Credit Advances. Global Prime may, in its sole discretion, make credit advances to Client at any time up to the Credit Limit.
Credit Advances. Beginning on the Opening Date of this Agreement, Xxxxxxxx may obtain credit advances under Xxxxxxxx’s Credit Line as follows:
Credit Advances. The Borrower shall repay to the Lender the principal amount of each Credit Advance in accordance with the Repayment Schedule for such Credit Advance.
Credit Advances. (a) Subject to the terms and conditions set forth herein and in the Ancillary Agreements, the Lender may, in its sole and absolute discretion, make credit advances (the "Credit Advances") to the Borrower from time to time during the term of this Agreement which, in the aggregate at any time outstanding, will not exceed the Maximum Loan Amount.
Credit Advances. The Customer may obtain an Advance by (i) writing a check on the Customer’s Deposit Account that exceeds the balance of the Deposit Account; (ii) using the debit card to make a purchase or obtain a withdrawal that exceeds the balance of the Deposit Account; or (iii) other methods offered by the Bank from time to time. The Customer cannot request an Advance directly from the Bank. The Customer will not attempt to obtain Advances which, when taken together with amounts then outstanding, would exceed the maximum credit limit, as may be changed by the Bank from time to time. In the event the Bank is presented with an item that exceeds the total available balance of the Deposit Account plus the maximum credit available hereunder, the Bank may, in its sole discretion, elect to advance up to the maximum credit available hereunder and transfer the proceeds of the Advance to the Deposit Account. In accordance with the agreement governing your Deposit Account, the Bank then may, whether or not it has extended an Advance as set forth in the preceding sentence; (i) pay the item by creating an Overdraft in the amount by which the item exceeds the balance of the Deposit Account (after giving effect to any Advance extended pursuant to the preceding sentence), in which case the Customer will immediately and without demand be required to pay the total amount of the Overdraft together with the Overdraft Fee as disclosed in the Bank’s Schedule of Fees; or (ii) return the item unpaid, in which case the Customer will be responsible for an Item Returned Fee (NSF) as disclosed in the Bank’s Schedule of Fees. Advances will be made in the exact amount necessary to cover the overdraft.
Credit Advances. Beginning on the Loan Date of this Agreement, you may obtain credit advances under your Express Credit Line as follows:
Credit Advances. (a) Subject to the terms and conditions set forth herein and in the Ancillary Agreements, Access Capital may, in its sole discretion, make revolving credit advances (the “Revolving Credit Advances”) to Companies from time to time during the Term which, in the aggregate at any time outstanding, will not exceed the lesser of (x) (I) the Capital Availability Amount minus (II) such reserves as Access Capital may reasonably deem proper and necessary from time to time (the “Reserves”) or (y) an amount equal to (I) Accounts Availability minus (II) the Reserves.
Credit Advances. (a) (i) Subject to the terms and conditions set forth herein and in the Ancillary Agreements, Laurus shall make revolving credit advances (the "Revolving Credit Advances") to the Company from time to time during the Term which, in the aggregate at any time outstanding, will not exceed the lesser of (x) (I) the Capital Availability Amount minus (II) such reserves as Laurus may reasonably in its good faith judgment deem proper and necessary from time to time (the "Reserves") or (y) an amount equal to (I) the Borrowing Availability minus (II) the Reserves. The amount derived at any time from Section 2(a)(i)(y)(I) minus 2(a)(i)(y)(II) shall be referred to as the "Formula Amount".
Credit Advances. After the Effective Disbursement Date of the Agreement, you may obtain credit advances under your Credit Line as follows: Credit Line Checks. Writing a preprinted "Private Client Group Convenience Check That we will supply to you.
