Common use of Certain Amounts Due on Demand Clause in Contracts

Certain Amounts Due on Demand. Lender may, in its sole discretion, make or permit Revolving Loans, Accommodations, or other Obligations in excess of the Maximum Credit, Accounts Availability or Net Availability or applicable formulas or sublimits. All or any portion of such excess(es) shall become immediately due and payable upon Lender's demand.

Appears in 1 contract

Samples: Loan and Security Agreement (Key Energy Group Inc)

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Certain Amounts Due on Demand. Lender may, in its sole discretion, make or permit Revolving Loans, Accommodations, Accommodations or other Obligations in excess of the Maximum Credit, Accounts Availability Gross or Net Availability or applicable formulas or sublimits. All or any portion of such excess(es) shall become be immediately due and payable upon Lender's demand.

Appears in 1 contract

Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)

Certain Amounts Due on Demand. Lender may, in its sole discretion, make or permit Revolving Loans, Accommodations, Accommodations or other Obligations in excess of the Maximum Credit, Accounts Availability Gross or Net Availability or applicable formulas or sublimits. All or any portion of such excess(es) shall become be immediately due and payable upon Lender's demand, unless otherwise agreed in writing by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Ohio Art Co)

Certain Amounts Due on Demand. Lender may, in its sole discretion, make or permit Revolving Loans, Accommodations, Accommodations or other Obligations in excess of the Maximum Credit, Accounts Availability Gross or Net Availability or applicable formulas or sublimits. All or any portion of such excess(es) shall become immediately due and payable upon Lender's demand.

Appears in 1 contract

Samples: Loan and Security Agreement (Noble International LTD)

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Certain Amounts Due on Demand. Lender may, in its sole discretion, make or permit Revolving Loans, Accommodations, Accommodations or other Obligations in excess of the Maximum Credit, Accounts Availability Gross or Net Availability or applicable formulas or sublimitssub-limits. All or any portion of such excess(es) shall become immediately due and payable payable, upon Lender's demand.

Appears in 1 contract

Samples: Intellicell Corp

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