Common use of Revolving Credit Commitment Clause in Contracts

Revolving Credit Commitment. Subject to the terms and conditions of this Agreement, Bank agrees to make Advances of the Revolving Credit to Borrower from time to time on any Business Day during the period from the effective date hereof until (but excluding) the Termination Date in an aggregate amount not to exceed at any one time outstanding Fifty Million Dollars ($50,000,000) (the “Committed Amount”). All of such Advances hereunder shall be evidenced by the Revolving Credit Note, under which advances, repayments and readvances may be made, subject to the terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (National Beverage Corp), Joinder Agreement (National Beverage Corp), Credit Agreement (National Beverage Corp)

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Revolving Credit Commitment. Subject to the terms and conditions of this Agreement, Bank agrees to make Advances of the Revolving Credit to Borrower from time to time on any Business Day during the period from the effective date hereof until (but excluding) the Termination Date in an aggregate amount not to exceed at any one time outstanding Fifty Twenty Five Million Dollars ($50,000,00025,000,000) (the “Committed Amount”). All of such Advances hereunder shall be evidenced by the Revolving Credit Note, under which advances, repayments and readvances may be made, subject to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (National Beverage Corp), Credit Agreement (National Beverage Corp)

Revolving Credit Commitment. Subject to the terms and conditions of this Agreement, the Bank agrees to make Advances of the Revolving Credit to Borrower at any time and from time to time on any Business Day during the period from the effective date hereof until (but excludingnot including) the Termination Date in an aggregate amount not to exceed at any one time outstanding Fifty Million Dollars ($50,000,000) (the “Committed Amount”). All of such Advances hereunder shall be evidenced by the Revolving Credit NoteMaturity Date. The aggregate principal amount of Advances shall not exceed (a) $3,750,000.00 or the Borrowing Base, under which advances, repayments and readvances may be made, subject whichever is less. Subject to the terms and conditions of this Agreement., amounts hereunder may be repaid and reborrowed at any time prior to the Revolving

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Avanex Corp), Revolving Credit and Security Agreement (Avanex Corp)

Revolving Credit Commitment. Subject to the terms and conditions of this Agreement, Bank agrees to make Advances of the Revolving Credit to Borrower from time to time on any Business Day during the period from the effective date hereof until (but excluding) the Termination Date in an aggregate amount not to exceed at any one time outstanding Fifty Twenty Million Dollars ($50,000,00020,000,000) (the "Committed Amount"). All of such Advances hereunder shall be evidenced by the Revolving Credit Note, under which advances, repayments and readvances may be made, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (National Beverage Corp)

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Revolving Credit Commitment. Subject to the terms and conditions of this Agreement, Bank Xxxx agrees to make Advances of the Revolving Credit to Borrower from time to time on any Business Day during the period from the effective date hereof until (but excluding) the Termination Date in an aggregate amount not to exceed at any one time outstanding Fifty Million Dollars ($50,000,000) (the “Committed Amount”). All of such Advances hereunder shall be evidenced by the Revolving Credit Note, under which advances, repayments and readvances may be made, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (National Beverage Corp)

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