Common use of Maximum Credit Clause in Contracts

Maximum Credit. The aggregate principal amount of the Revolving Loans shall not exceed the Maximum Credit.

Appears in 8 contracts

Samples: Loan and Security Agreement (Emagin Corp), Loan and Security Agreement (InterMetro Communications, Inc.), Loan and Security Agreement (Emagin Corp)

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Maximum Credit. The aggregate principal amount of the Revolving Loans shall not exceed the amount of the Maximum Credit.

Appears in 5 contracts

Samples: Loan and Security Agreement (1847 Holdings LLC), Loan and Security Agreement (Youngevity International, Inc.), Loan and Security Agreement

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Maximum Credit. The aggregate principal amount of the Revolving Loans shall not exceed the amount of the Maximum Credit, as reduced on a monthly basis in accordance with the definition of “Maximum Credit” set forth herein.

Appears in 2 contracts

Samples: Loan and Security Agreement (Greenwood Hall, Inc.), Loan and Security Agreement (Greenwood Hall, Inc.)

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