Common use of ESTABLISHMENT OF REVOLVING CREDIT Clause in Contracts

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the “Revolving Credit”) in the Borrower’s favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower as provided herein.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

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ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the "Revolving Credit") in the Borrower’s 's favor pursuant to which each Revolving Credit the Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower as provided herein.

Appears in 2 contracts

Samples: Agreement (Golf Galaxy, Inc.), Loan and Security Agreement (Bluefly Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the “Revolving Credit”) in the Borrower’s favor pursuant to which each Revolving Credit the Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower as provided herein.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bakers Footwear Group Inc), Loan and Security Agreement (Redenvelope Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the “Revolving Credit”) in the Borrower’s Borrowers’ favor pursuant to which each Revolving Credit the Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations (including the issuance of L/Cs) to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (dELiAs, Inc.)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Administrative Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Shopko Stores Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Childrens Place Retail Stores Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit the Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan Agreement (Lojack Corp)

ESTABLISHMENT OF REVOLVING CREDIT. (a) a. The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the "Revolving Credit") in the Borrower’s 's favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Agent, Lender shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Harrys Farmers Market Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the “Revolving Credit”) in the Borrower’s favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Administrative Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Retail Ventures Inc)

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ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and t for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Drugmax Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein., in each instance equal to that Lender's Commitment Percentage of Availability, up to the maximum amount of that Lender's Dollar

Appears in 1 contract

Samples: Sports Authority Inc /De/

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders hereby establish a revolving line of credit (the “Revolving Credit”) in the Borrower’s Borrowers’ favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Agreement, acting through the Administrative Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Casual Male Retail Group Inc)

ESTABLISHMENT OF REVOLVING CREDIT. (a) 1. The Revolving Credit Lenders hereby establish a revolving line of credit (the "Revolving Credit") in the Borrower’s Borrowers' favor pursuant to which each Revolving Credit Lender, subject to, and in accordance with, this Loan Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: World of Science Inc

ESTABLISHMENT OF REVOLVING CREDIT. (a) The Revolving Credit Lenders Lender hereby establish establishes a revolving line of credit (the “Revolving Credit”) in the Borrower’s Borrowers’ favor pursuant to which each Revolving Credit the Lender, subject to, and in accordance with, this Agreement, acting through the Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrower Borrowers as provided herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Dreams Inc)

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