Common use of Maximum Draw Clause in Contracts

Maximum Draw. After the Closing Date and the initial Advance, no more than [***] of the Aggregate Commitment Amount may be drawn in any rolling thirty (30) day period, unless otherwise agreed by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.)

AutoNDA by SimpleDocs

Maximum Draw. After the Closing Date and the initial Advance, no more than [***] of the Aggregate Commitment Amount may be drawn in any rolling thirty (30) day period, unless otherwise agreed by the Administrative Agent.. ARTICLE IVARTICLE IV

Appears in 1 contract

Samples: Credit Agreement (Home Point Capital Inc.)

AutoNDA by SimpleDocs

Maximum Draw. After the Closing Date and the initial Advance, no more than [***] of the Aggregate Commitment Amount may be drawn in any rolling thirty (30) day period, unless otherwise agreed by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Home Point Capital Inc.)

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