Common use of LINE OF CREDIT PROVISIONS Clause in Contracts

LINE OF CREDIT PROVISIONS. If the type of credit indicated in Section 1 is a revolving line of credit or a non-revolving line of credit, Borrower agrees that Lender is under no obligation and has not committed to make any Advances hereunder. Each Advance hereunder shall be made at the sole option of Lender.

Appears in 5 contracts

Samples: Usbank Business Loan Agreement (Applied Microsystems Corp /Wa/), Business Loan Agreement (Labor Ready Inc), Business Loan Agreement (Applied Voice Technology Inc /Wa/)

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LINE OF CREDIT PROVISIONS. If the type of credit indicated in Section 1 is a revolving line of credit or a non-non- revolving line of credit, Borrower agrees Boxxxxxx xgrees that Lender is Lexxxx xs under no obligation and has not committed to make any Advances hereunder. Each Advance hereunder shall be made at the sole option of Lender.

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

LINE OF CREDIT PROVISIONS. If the type of credit indicated in Section 1 is a revolving line of credit or a non-revolving line of credit, Borrower agrees that Lender is under no obligation and has not committed to make any Advances hereunder. Each Advance hereunder shall shalt be made at the sole option of Lender.

Appears in 1 contract

Samples: Loan Agreement (Labor Ready Inc)

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LINE OF CREDIT PROVISIONS. If the type of credit indicated in Section 1 is a revolving line of credit or a non-revolving line of credit, Borrower Xxxxxxxx agrees that Lender Xxxxxx is under no obligation and has not committed to make any Advances hereunder. Each Advance hereunder shall be made at the sole option of the Lender.

Appears in 1 contract

Samples: Lithia Motors Inc

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