Common use of Lines of Credit Balances Clause in Contracts

Lines of Credit Balances. For the purposes of this Agreement, fluctuations in the outstanding balance of an Enrolled Loan that is a line of credit, without increasing the covered amount under the Program, shall not be deemed to be a refinancing of such Enrolled Loan.

Appears in 3 contracts

Samples: Lender Participation Agreement, Lender Participation Agreement, Bank Participation Agreement

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Lines of Credit Balances. For the purposes of this Agreement, fluctuations in the outstanding balance of an Enrolled Loan that is a line of credit, without increasing the covered amount under the Program, shall not be deemed to be a refinancing of such Enrolled Loanthe loan.

Appears in 3 contracts

Samples: Small Business Capital Access Program Agreement, Lender Participation Agreement, Lender Participation Agreement

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