Common use of Non-Revolving Facility Clause in Contracts

Non-Revolving Facility. The Loan will be a non-revolving facility and any principal of it that the Borrower repays will not be available for re-advance under this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Hybrid Technologies Inc.), Loan Agreement (Li-Ion Motors Corp.), Loan Agreement (Hybrid Technologies Inc.)

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Non-Revolving Facility. The Loan will shall be a non-revolving facility and any principal of it that Borrowing which is repaid by the Borrower repays will Company shall not be available for re-advance under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Alamos Gold Inc)

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