Common use of Floating Rate Advances Clause in Contracts

Floating Rate Advances. If Company wants a Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it wants the Floating Rate Advance to be funded, which request shall specify the principal Advance amount being requested.

Appears in 4 contracts

Samples: Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Merrimac Industries Inc)

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Floating Rate Advances. If Company wants a may request an Advance at the Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it Company wants the Floating Rate Advance to be funded, which request shall specify . Rate Xxxxxx may not be used with respect to any Advance that utilizes the principal Advance amount being requestedFloating Rate.

Appears in 2 contracts

Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

Floating Rate Advances. If Company wants a Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it wants the Floating Rate Advance to be funded, which request shall specify specifying the principal Advance amount being requested.

Appears in 1 contract

Samples: Credit and Security Agreement (Pinnacle Data Systems Inc)

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Floating Rate Advances. If Company wants a may request an Advance at the Floating Rate Advance, it shall make the request no later than 11:59 11:00 a.m. Central Time on the Business Day on which it Company wants the Floating Rate Advance to be funded, which request shall specify . Rate Xxxxxx may not be used with respect to any Advance that utilizes the principal Advance amount being requestedFloating Rate.

Appears in 1 contract

Samples: Credit and Security Agreement (Nortech Systems Inc)

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