Restrictions on Advances Sample Clauses

Restrictions on Advances. No Advance will be made unless it is a whole multiple of $1,000.00 and not less than $100,000.00 in the case of a Eurodollar Advance, or a whole multiple of $1,000.00 and not less than $50,000.00 in the case of a Base Rate Advance. No more than one Revolving Loan Advance will be made on any one day pursuant to a request for a Revolving Loan Advance. Advances will only be made for the purposes permitted in Section 14.1. No Eurodollar Advance will be made so long as there is any Existing Default.
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Restrictions on Advances. No more than one Revolving Loan Advance and no more than one Swingline Advance will be made on any one day pursuant to a request for a Revolving Loan Advance. Advances will only be made for the purposes permitted in Section 14.1.
Restrictions on Advances. 17 7.8. RESTRICTION ON NUMBER OF EURODOLLAR LOANS................................................................18 7.9. EACH ADVANCE REQUEST AND LETTER OF CREDIT REQUEST A CERTIFICATION........................................18 7.10. REQUIREMENTS FOR EVERY ADVANCE REQUEST..................................................................18 7.11. REQUIREMENTS FOR EVERY LETTER OF CREDIT REQUEST.........................................................18 7.12. EXONERATION OF ADMINISTRATIVE AGENT AND LENDERS.........................................................18
Restrictions on Advances. All Advances are subject to a borrowing base defined as the lesser of:
Restrictions on Advances. 1997 Equipment Line of Credit Loans ------------------------ may be made only with respect to an item or items of Eligible Equipment specifically identified in accordance with Section 2A.3 and the principal amount of any such 1997 Equipment Line of Credit Loans may not exceed 80% of the invoice price of such item or items of Eligible Equipment, not including prepackaged software and soft costs, sales taxes, shipping charges, installation charges, training charges and similar charges and expenses.
Restrictions on Advances. No Advance will be made unless it is a whole multiple of $500,000 and not less than $1,000,000, in the case of a LIBOR Advance, or a whole multiple of $100,000 and not less than $500,000, in the case of a Base Rate Advance. No more than one Revolving Loan Advance and no more than one Swingline Advance will be made on any one day pursuant to a request for a Revolving Loan Advance. Advances will only be made for the purposes permitted in Section 12.1. No LIBOR Advance will be made so long as there is any Existing Default.
Restrictions on Advances. No Advance will be made unless it is a whole multiple of $500,000 and not less than $1,000,000, in the case of a Eurodollar Advance, or a whole multiple of $100,000 and not less than $500,000, in the case of a Base Rate Advance, provided, however, with respect to Term Loan Advances, no such Advances shall be made unless it is in a whole multiple of $1,000,000 and not less than $10,000,000. No more than one Revolving Loan Advance and no more than one Swingline Advance will be made on any one day pursuant to a request for a Revolving Loan Advance. No more than one Term Loan Advance will be made on any one day pursuant to a request for a Term Loan Advance. Advances will only be made for the purposes permitted in Section 12.1. No Eurodollar Advance will be made so long as there is any Existing Default. No more than four Term Loan Advances may be requested and made.
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Restrictions on Advances. 3 2.5 Maturity Date of Equipment Line Loans................................. 3 2.6 Termination of Equipment Line Commitment.............................. 3
Restrictions on Advances. Notwithstanding anything to the contrary in any of the Loan Documents, from and after the Modification Effective Date, Borrower shall not be entitled to receive any Advances under the Loan.
Restrictions on Advances. Equipment Line of Credit Loans may be made only with respect to an item or items of Eligible Equipment specifically identified in accordance with Section 1A.4, and the principal amount of any such Equipment Line of Credit Loans may not exceed 100% of the invoice price of such item or items of Eligible Equipment, including sales taxes, shipping charges, installation charges and similar charges and expenses.
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