Common use of Credit Loan Clause in Contracts

Credit Loan. Subject to the terms of this Agreement, the Company may borrow from the Bank and the Bank will thereupon lend to the Company, and the Company shall repay in accordance with the terms of this Agreement and may reborrow at any time prior to the Maturity Date any amount which is a multiple of $100,000 up to a maximum amount at any one time outstanding of $32,500,000 (herein called the "Credit" or the "Credit Loan"), provided that the Bank receives prior to the initial borrowing the certificates required by Sections 7.1 and 7.2 and, prior to all subsequent borrowings, the representations and certificates required by Section 7.2.

Credit Loan. Subject to the terms of this Agreement, the Company may borrow from the Bank and the Bank will thereupon lend to the Company, and the Company shall repay in accordance with the terms of this Agreement and may reborrow at any time prior to the Maturity Date any amount which is a multiple of $100,000 up to a maximum amount at any one time outstanding of $32,500,000 37,000,000 (herein called the "'Credit" ' or the "'Credit Loan"'), provided that the Bank receives prior to the initial borrowing the certificates required by Sections 7.1 and 7.2 and, prior to all subsequent borrowings, the representations and certificates required by Section 7.2."

Credit Loan. Subject to the terms of this Agreement, the Company may borrow from the Bank and the Bank will thereupon lend to the Company, and the Company shall repay in accordance with the terms of this Agreement and may reborrow at any time prior to the Maturity Date any amount which is a multiple of $100,000 up to a maximum amount at any one time outstanding of $32,500,000 35,000,000 (herein called the "'Credit" ' or the "'Credit Loan"'), provided that the Bank receives prior to the initial borrowing the certificates required by Sections 7.1 and 7.2 and, prior to all subsequent borrowings, the representations and certificates required by Section 7.2."