Common use of LIBOR Option Advance Clause in Contracts

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and 00/100 Dollars ($1,000,000) for any LIBOR Option Advance.

Appears in 5 contracts

Samples: Loan and Security Agreement (Lyris, Inc.), Loan and Security Agreement (Hireright Inc), Loan and Security Agreement (Jl Halsey Corp)

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LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and 00/100 Dollars ($1,000,000) for any LIBOR Option Advance.

Appears in 5 contracts

Samples: Loan and Security Agreement (Safeguard Scientifics Inc), Loan and Security Agreement (IPC the Hospitalist Company, Inc.), Loan Agreement (Qad Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and 00/100 Five Hundred Thousand Dollars ($1,000,000500,000) for any LIBOR Option Advance.

Appears in 3 contracts

Samples: Loan and Security Agreement (Santarus Inc), Security Agreement (Santarus Inc), Loan and Security Agreement (Santarus Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Five Hundred Thousand and 00/100 Dollars ($1,000,000500,000) for any LIBOR Option Advance.

Appears in 3 contracts

Samples: Loan and Security Agreement (Abaxis Inc), Loan and Security Agreement (Hemacare Corp /Ca/), Comerica Amended And (Hansen Natural Corp)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Two Hundred Fifty Thousand Dollars and 00/100 Dollars ($1,000,000250,000) for any LIBOR Option Advance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cepheid), Loan and Security Agreement (Cepheid)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Five Hundred Thousand and 00/100 Dollars ($1,000,000500,000.00) for any LIBOR Option Advance.

Appears in 2 contracts

Samples: Business Loan Agreement (Interpore International Inc /De/), Spectrum Organic Products Inc

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million two hundred fifty thousand and 00/100 Dollars ($1,000,000250,000) for any LIBOR Option Advance. Additionally, no more than four (4) LIBOR Advances shall be outstanding at any given time.

Appears in 1 contract

Samples: Business Loan Agreement (Digital Theater Systems Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and 00/100 ONE MILLION AND NO/100 Dollars ($1,000,0001,000,000.00) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Business Loan Agreement (Sipex Corp)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and 00/100 Two Hundred Fifty Thousand Dollars ($1,000,000250,000.00) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Business Loan Agreement (Monterey Gourmet Foods)

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LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million and FIVE HUNDRED THOUSAND AND 00/100 Dollars DOLLARS ($1,000,000500,000.00) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Security Agreement (Troy Group Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance for any Advance will not be less than One Million and 00/100 Five Hundred Thousand Dollars ($1,000,000500,000) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Loan Agreement (Clarient, Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Two Hundred Fifty Thousand and 00/100 Dollars ($1,000,000250,000) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Biolase Technology Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Five Hundred Thousand and 00/100 Dollars ($1,000,000500,0000) for any LIBOR Option Advance. Borrower shall not be permitted to have more than four (4) LIBOR Option Advances outstanding at any time.

Appears in 1 contract

Samples: Loan and Security Agreement (Zonare Medical Systems Inc)

LIBOR Option Advance. The minimum LIBOR Option Advance will not be less than One Million Five Hundred thousand and 00/100 no/100 Dollars ($1,000,000500,000.00) for any LIBOR Option Advance.

Appears in 1 contract

Samples: Loan and Security Agreement (Hemacare Corp /Ca/)

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