Formula Availability. Subject to the terms and conditions of this Agreement, Bank shall make formula advances (the “Formula Advances”) not exceeding the Availability Amount. Amounts borrowed hereunder may be repaid and, prior to the Revolving Line Maturity Date, reborrowed, subject to the applicable terms and conditions precedent herein.
Appears in 3 contracts
Samples: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc)
Formula Availability. Subject to the terms and conditions of this AgreementAgreement and to deduction of Reserves, Bank shall make formula advances (the “Formula Advances”) not exceeding the Availability Amount. Amounts borrowed hereunder may be repaid and, prior to the Revolving Line Maturity Date, reborrowed, subject to the applicable terms and conditions precedent herein.. Active 30504246v5 220763.001325
Appears in 1 contract
Samples: Loan and Security Agreement (Aerohive Networks, Inc)
