Common use of NORMAL COURSE AGENT ADVANCES Clause in Contracts

NORMAL COURSE AGENT ADVANCES. For administrative convenience, the Agent may, but is not obligated, to make Agent Advances up to the amount available for borrowing under SECTION 2.1 in reliance upon the actual or deemed representations of the Borrowers under SECTION 5.2 that the conditions for borrowing are satisfied.

Appears in 6 contracts

Samples: Credit Agreement (Metal Management Inc), Credit Agreement (Metal Management Inc), Credit Agreement (Metal Management Inc)

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