Common use of Conditions of Advances Clause in Contracts

Conditions of Advances. Notwithstanding any other provisions contained in this Agreement, the making of any Loan or advance and the issuance of any Letter of Credit (each, a “Credit Extension”), including the continuation of any LIBOR Rate Advance from one Interest Period to another or conversion of one Loan Type into another Loan Type, shall be conditioned upon the following:

Appears in 2 contracts

Samples: Loan and Security Agreement (Teavana Holdings Inc), Loan and Security Agreement (Teavana Holdings Inc)

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Conditions of Advances. Notwithstanding any other provisions contained in this Agreement, the making of any Loan or advance Advance and the issuance of any Letter of Credit (each, a “Credit Extension”)Credit, including the continuation of any LIBOR Rate Advance from one Interest Period to another or conversion of one Loan Type an Index Rate Advance into another Loan Typea LIBOR Advance, shall be conditioned upon the following:

Appears in 1 contract

Samples: Credit Agreement (Multiband Corp)

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