Common use of Maximum Advances Clause in Contracts

Maximum Advances. In the case of any Revolving Advances requested to be made, after giving effect thereto, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereof. Each request for an Advance by Borrowing Agent on behalf of Borrowers hereunder shall constitute a representation and warranty by Borrowers as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 2 contracts

Samples: Security Agreement (Stream Global Services, Inc.), Security Agreement (Stream Global Services, Inc.)

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Maximum Advances. In the case of any requested Revolving Advances requested to be madeAdvance, after giving effect theretoto such request, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereofhereunder. Each request for an Advance by Borrowing Agent on behalf of Borrowers either Borrower hereunder shall constitute a representation and warranty by both Borrowers as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Credit and Security Agreement (Prima Group International Inc)

Maximum Advances. In the case of any Revolving Advances requested to be made, after giving effect thereto, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereof. Each request for an Advance by Borrowing Agent on behalf of Borrowers hereunder shall constitute a representation and warranty by Borrowers as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Franklin Electronic Publishers Inc)

Maximum Advances. In the case of any Revolving Advances requested to be made, after giving effect thereto, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereof. Each request for an Advance by Borrowing Agent on behalf of Borrowers Borrower hereunder shall constitute a representation and warranty by Borrowers Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Security Agreement (Eos International Inc)

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Maximum Advances. In the case of any Revolving Advances requested to be made, after giving effect thereto, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereof. Each request for an Advance by Borrowing Agent on behalf of Borrowers any Borrower hereunder shall constitute a representation and warranty by Borrowers each Borrower as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Comforce Corp)

Maximum Advances. In the case of any Revolving Advances requested to be made, after giving effect thereto, the aggregate Revolving Advances shall not exceed the maximum amount of Revolving Advances permitted under Section 2.1 hereof. Each request for an Advance by Borrowing Agent on behalf of the Borrowers hereunder shall constitute a representation and warranty by the Borrowers as of the date of such Advance that the conditions contained in this subsection shall have been satisfied.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Tii Industries Inc)

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