Common use of Loan Limit Clause in Contracts

Loan Limit. Each Lender, severally and not jointly, agrees to make its Pro Rata Share of such Loans as Borrower shall request from time to time from the date hereof, subject to the terms and conditions set forth in this Agreement, up to the sum of the following sublimits (the "Loan Limit"):

Appears in 4 contracts

Samples: Loan and Security Agreement (Empire of Carolina Inc), Subordination Agreement (Empire of Carolina Inc), Security Agreement (Empire of Carolina Inc)

AutoNDA by SimpleDocs

Loan Limit. Each Lender, severally and not jointly, agrees to make its Pro Rata Share of such Loans to each Borrower as such Borrower shall request from time to time from the date hereofhereof and as Agent may, in its sole discretion, approve subject to the terms and conditions set forth in this Agreement, Agreement up to the sum of the following sublimits (the "Loan Limit"):

Appears in 1 contract

Samples: And Consolidated Loan and Security Agreement (Empire of Carolina Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!