Common use of Line of Credit Amount Clause in Contracts

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Million Dollars ($10,000,000). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed to exceed the Commitment.

Appears in 2 contracts

Samples: Business Loan Agreement (Sport Chalet Inc), Business Loan Agreement (Cohu Inc)

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Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "β€œCommitment"”) is Ten Seven Million Dollars ($10,000,0007,000,000). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Network Equipment Technologies Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Five Million and No/100 Dollars ($10,000,0005,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Ventana Medical Systems Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Three Million and 00/100 Dollars ($10,000,0003,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Sunrise Telecom Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Two Million and 00/100 Dollars ($10,000,0002,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Edelbrock Corp)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Four Million and No/100 Dollars ($10,000,0004,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Temtex Industries Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Fifteen Million and 00/100 Dollars ($10,000,00015,000,000.00). (b) This is a revolving line of credit providing for cash advances and advances, letters of creditcredit and acceptances. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed and acceptances, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (K Swiss Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the BorrowerBorrowers. The amount of the line of credit (the "Commitment") is Ten Twenty Five Million Dollars ($10,000,00025,000,000). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower Borrowers may repay principal amounts and reborrow them. (c) The Borrower agrees Borrowers agree not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Savings Plan and Trust Agreement (California Water Service Group)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the BorrowerBorrowers. The amount of the line of credit (the "Commitment") is Ten Twenty Million and 00/1 00 Dollars ($10,000,00020,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower Borrowers may repay principal amounts and reborrow them. (c) The Borrower agrees Borrowers agree not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (California Water Service Group)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Thirty Million and 00/1 00 Dollars ($10,000,00030,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (California Water Service Group)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the BorrowerBorrowers. The amount of the line of credit (the "Commitment") is Ten Five Million and No/l00 Dollars ($10,000,0005,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower Borrowers may repay principal amounts and reborrow them. (c) The Borrower agrees Borrowers agree not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Jda Software Group Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Million and No/100 Dollars ($10,000,00010,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Oyo Geospace Corp)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Two Million Dollars ($10,000,0002,000,000). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Edelbrock Corp)

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Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Eight Million and 00/100 Dollars ($10,000,0008,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the CommitmentCommitment and the limitations specified in paragraph 1.3 below.

Appears in 1 contract

Samples: Business Loan Agreement (Pricesmart Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Million and 00/100 Dollars ($10,000,00010,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Farr Co)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Million Dollars ($10,000,00010,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Novatel Wireless Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Fifteen Million Dollars ($10,000,00015,000,000.00). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Universal Electronics Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Fifteen Million Dollars ($10,000,00015,000,000). (b) This is a revolving line of credit providing for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (National Rv Holdings Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the BorrowerBorrowers. The amount of the line of credit (the "Commitment") is Ten Million and no/100 Dollars ($10,000,00010,000,000.00). (b) This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower Borrowers may repay principal amounts and reborrow them. (c) The Borrower agrees Borrowers agree not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Sunquest Information Systems Inc)

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Ten Seven Million and No/100 Dollars ($10,000,0007,000,000.00). (b) . This is a revolving line of credit providing with a within line facility for cash advances and letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) . The Borrower agrees not to permit the outstanding principal balance of advances under the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed reimbursed, to exceed the Commitment.

Appears in 1 contract

Samples: Business Loan Agreement (Futech Interactive Products Inc)

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