Line of Credit Commitment. Subject to the terms and conditions of this Agreement, Bank shall make Advances under the Line of Credit available to Borrower in a maximum principal amount equal to the lesser of: (a) Six Million Dollars ($6,000,000), or (b) the Borrowing Base. Advances under the Line of Credit shall be evidenced by the Credit Note.
Line of Credit Commitment. The last sentence of paragraph 2.3 of the Loan Agreement is hereby amended in its entirety to read as follows: This commitment shall expire, unless earlier terminated at 2:00 p.m., Tulsa, Oklahoma time on May 1, 1998.
Line of Credit Commitment. Cybear hereby agrees, pursuant to the terms and subject to the conditions of this Credit Agreement, to make the Loan to Mediconsult and Physicians' Online for a period beginning on the date hereof and terminating on July 15, 2001 (the "Maturity Date"), at such times and, subject to Section 1(b) below, in such amounts as Mediconsult or Physicians' Online may request up to but not exceeding in the aggregate the Maximum Principal Amount. No payments under the Note shall be due and payable until the Maturity Date unless there shall have been an Event of Default.
Line of Credit Commitment. On and subject to the terms of this Agreement, the Bank agrees to make loans to the Borrower from time to time, (the availability of such Loans hereunder called the "Line of Credit") in such amounts (the "Loans") as the Borrower may from time to time request, but not exceeding the amount of $20,000,000 in the aggregate at any one time outstanding (as reduced from time to time in accordance with Section 5 hereof; the "Line of Credit Commitment"). The Borrower may borrow, prepay, repay, and reborrow from the Bank to, but not including, January 15, 2003 (the "Termination Date"), unless sooner notified of the termination of the Line of Credit pursuant to Section 9.2 hereof.
Line of Credit Commitment. 18 Line of Credit Commitment; Use of Proceeds...........................18 Line of Credit Notes; Repayment of Principal.........................19 Voluntary Reduction of Line of Credit Commitments....................19 Extension of the Line of Credit Termination Date.....................20
Line of Credit Commitment. Subject to the terms and conditions of this Agreement and the other Loan Documents, and relying upon the representations and warranties herein set forth, Lender hereby establishes a line of credit to Borrower in an aggregate principal amount of up to twelve million eight hundred thousand Dollars ($12,800,000.00) (the “Line of Credit”).
Line of Credit Commitment. Lender agrees to make Advances to the Borrower as follows:
Line of Credit Commitment. (a) During the Availability Period described below, each L/C Lender severally, but not jointly, agrees to provide a line of credit (the “Line of Credit Loan”) to the Borrower, pro rata in accordance with its Line of Credit Commitment Percentage. The amount of the line of credit (the "Line of Credit Commitment") is Two Million Dollars ($2,000,000).
Line of Credit Commitment. All borrowings and reborrowings and all repayments shall be in amounts of not less than Two Hundred Fifty Thousand and No/100 Dollars ($250,000), except for repayment of the entire principal balance of the Line of Credit. Notwithstanding any other provision of this subsection, the Banks shall not be required to make more than two Advances in any week. Upon receipt of an Application, or at the Agent's discretion upon receipt of an informal request for an Advance and upon compliance with any other Conditions of Lending stated in Section 8 of this Agreement applicable to the Line of Credit, the Agent shall disburse the amount of the requested Advance to ADESA, and shall be made ratably from the Banks in proportion to their respective Commitments in accordance with Section 2.d. hereof. The Agent shall give prompt telephonic, telex or telecopy notice to each of the Banks of any Advance request received. All Advances by the Banks and payments by ADESA shall be recorded by the Banks on their books and records, and the principal amount outstanding from time to time, plus interest payable thereon, shall be determined by reference to the books and records of the Banks. The Banks' and Agent's books and records shall be presumed prima facie to be correct as to such matters.
Line of Credit Commitment. Section 1.2 is hereby restated in its entirety as follows:
