Common use of Line of Credit Facility Clause in Contracts

Line of Credit Facility. The Bank agrees to make loans and Advances to the Borrowers, upon the Borrowers' request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.00. Within the foregoing limits, the Borrowers may borrow, partially or wholly prepay, and may borrow under this Line of Credit facility.

Appears in 1 contract

Samples: Line of Credit Agreement (Tag It Pacific Inc)

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Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.006,000,000.00. Within the foregoing limits, the Borrowers Borrower may borrow, partially or wholly prepay, and may borrow reborrow under this Line of Credit facility.

Appears in 1 contract

Samples: Commercial Credit Agreement (Applied Signal Technology Inc)

Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.003,000,000.00. Within the foregoing limits, the Borrowers may borrow, partially or wholly prepay, and may borrow under this This Line of Credit facilityfacility is on a non-revolving basis and any amounts repaid under this facility may not be reborrowed.

Appears in 1 contract

Samples: Line of Credit Agreement (Scheid Vineyards Inc)

Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.002,500,000.00. Within the foregoing limits, the Borrowers Borrower may borrow, partially or wholly prepay, and may borrow reborrow under this Line of Credit facility.

Appears in 1 contract

Samples: Commercial Credit Agreement (Align Rite International Inc)

Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.003,000,000.00. Within the foregoing limits, the Borrowers Borrower may borrow, partially or wholly prepay, and may borrow reborrow under this Line of Credit facility.

Appears in 1 contract

Samples: Commercial Credit Agreement (Interactive Group Inc)

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Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.001,600,000.00. Within the foregoing limits, the Borrowers Borrower may borrow, partially or wholly prepay, and may borrow reborrow under this Line of Credit facility.

Appears in 1 contract

Samples: Line of Credit Agreement (Neotherapeutics Inc)

Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.008,000,000.00. Within the foregoing limits, the Borrowers Borrower may borrow, partially or wholly prepay, and may borrow reborrow under this Line of Credit facility.

Appears in 1 contract

Samples: Line of Credit Agreement (Atg Inc)

Line of Credit Facility. The Bank agrees to make loans and Advances to the BorrowersBorrower, upon the Borrowers' Borrower's request therefor made prior to the Expiration Date (as defined below in this Section 2.02), up to a total principal amount from time to time outstanding of not more than $2,000,000.00500,000.00. Within the foregoing limits, the Borrowers may borrow, partially or wholly prepay, and may borrow under this This Line of Credit facilityfacility is on a non-revolving basis and any amounts repaid under this facility may not be reborrowed.

Appears in 1 contract

Samples: Line of Credit Agreement (Interactive Group Inc)

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