Common use of Maximum Advances Clause in Contracts

Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND DOLLARS ($400,000) in the aggregate at any time outstanding.

Appears in 1 contract

Samples: Loan and Security Agreement (Viking Systems Inc)

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Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND DOLLARS Eight Hundred Thousand Dollars ($400,000800,000) in the aggregate at any time outstanding.

Appears in 1 contract

Samples: Valley Bank Loan and Security Agreement (Entrada Networks Inc)

Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and the Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND DOLLARS Three Million Dollars ($400,0003,000,000) in the aggregate at any time anytime outstanding.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Versant Corp)

Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND MILLION DOLLARS ($400,0004,000,000) in the aggregate at any time outstanding.

Appears in 1 contract

Samples: Loan and Security Agreement (Peerless Systems Corp)

Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND MILLION DOLLARS ($400,0004,000,000) in the aggregate at any time outstanding; provided however, Borrower acknowledges and agrees that at no time shall the aggregate outstanding Advances under this Agreement and the Exim Agreement (as defined below) combined exceed $4,000,000.

Appears in 1 contract

Samples: Silicon Valley Bank Loan and Security Agreement (Strasbaugh)

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Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND SIX MILLION DOLLARS ($400,0006,000,000) in the aggregate at any time outstanding.

Appears in 1 contract

Samples: Loan and Security Agreement (Strasbaugh)

Maximum Advances. The aggregate face amount of all Financed Receivables outstanding at any time may not exceed the Facility Amount, and Bank shall have no obligation to make Advances in excess of FOUR HUNDRED THOUSAND DOLLARS Five Hundred Thousand Dollars ($400,000500,000) in the aggregate at any time outstanding.

Appears in 1 contract

Samples: Entrada Networks Inc

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