Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 15 contracts
Samples: Loan Agreement (Pharsight Corp), Loan Agreement (Pharsight Corp), Loan and Security Agreement (Datawatch Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 7 contracts
Samples: Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Alliance Medical Corp), Loan and Security Agreement (Natus Medical Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 4 contracts
Samples: Loan and Security Agreement Xata Corporation (Xata Corp /Mn/), Loan and Security Agreement (Transoma Medical Inc), Loan and Security Agreement (Pharsight Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 3 contracts
Samples: Loan and Security Agreement (Applix Inc /Ma/), Loan and Security Agreement (Webridge Inc), Loan and Security Agreement (Egain Communications Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Exim Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 3 contracts
Samples: Loan and Security Agreement (Invision Technologies Inc), Loan and Security Agreement (Packeteer Inc), Loan and Security Agreement (Matrixone Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay in cash to Bank the excess.
Appears in 3 contracts
Samples: Loan and Security Agreement (Intrabiotics Pharmaceuticals Inc /De), Loan and Security Agreement (Viking Systems Inc), Loan and Security Agreement (Sunrise Technologies International Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 Sections 2.1.1, 2.1.11, 2.1.12, and 2.1.13 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess."
Appears in 2 contracts
Samples: Loan Modification Agreement (Phase Forward Inc), Fifth Loan Modification Agreement (Phase Forward Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Proxim Corp), Loan and Security Agreement (Fusion Medical Technologies Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Valueclick Inc/Ca), Loan and Security Agreement (Object Design Inc)
Overadvances. If Borrower's Borrowers’ Obligations under Section 2.1.1 Sections 2.1, 2.2 and 2.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Blackboard Inc), Loan and Security Agreement (Blackboard Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Concurrent Computer Corp/De), Loan and Security Agreement (Optium Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3, and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Open Solutions Inc), Loan and Security Agreement (Onesource Information Services Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Optika Inc), Loan and Security Agreement (Preview Systems Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Xenogen Corp), Loan and Security Agreement (Advanced Power Technology Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan Modification Agreement (Phase Forward Inc), Fifth Loan Modification Agreement (Phase Forward Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sento Corp), Loan and Security Agreement (Bottomline Technologies Inc /De/)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Omnicell Inc /Ca/), Loan Modification Agreement (Synaptics Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the EX-IM Committed Revolving Line or (ii) the Foreign Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ramtron International Corp), Loan and Security Agreement (Ramtron International Corp)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Sirf Technology Holdings Inc), Loan Modification Agreement (Sirf Technology Holdings Inc)
Overadvances. If Borrower's Obligations under Section Sections 2.1.1 exceed the lesser of either (ia) the Committed Revolving Line or (iib) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Ramtron International Corp)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1(b) exceed the lesser of either (i) the Committed Revolving Formula Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (NMS Communications Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the ------------ lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Aml Communications Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess."
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 1.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Fort Point Partners Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section Sections 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess. If Borrower’s Obligations under Section 2.1.1, 2.1.2 and 2.1.3 exceed the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Loan Agreement (Lightbridge Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's aggregated Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess; provided however, that so long as the Advances are less than or equal to $500,000, then Borrower is not obligated to pay Bank the excess of amounts that exceed the Borrowing Base.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line minus the Cash Management Services Sublimit or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess, upon demand.
Appears in 1 contract
Samples: Loan and Security Agreement (Plumtree Software Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 and the Other Services Sublimit exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Baseat any time, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseBASE, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Synchronoss Technologies Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Vitria Technology Inc)
Overadvances. If Borrower's Obligations under Section Sections 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall upon notice from Bank, immediately pay Bank the excesssuch excess or secure such excess with a pledge of cash maintained at Bank.
Appears in 1 contract
Overadvances. If at any time Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 exceed the lesser of either (ia) the Committed Revolving Line or (iib) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 211, 212 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Alteon Websystems Inc)
Overadvances. If Borrower's Obligations under Section Sections 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess." and inserting in lieu thereof the following:
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 0, 0 and 0 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess. Interest Rate, Payments.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section Sections 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Egain Communications Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.. 4 2.3
Appears in 1 contract
Samples: Loan and Security Agreement (Tanisys Technology Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Onyx Software Corp/Wa)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, minus in each case, the outstandings under the Temporary Equipment Sublimit, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed 2.1.1, 2.1.2 and 2.1.3.exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Harmonic Lightwaves Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, 2.1.3 and 2.1.34 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Analogic Technologies Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3., and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.. and inserting in lieu thereof the following:
Appears in 1 contract
Samples: Fourth Loan Modification Agreement (Stereotaxis, Inc.)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 Sections 2.1.1, and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.3, and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately promptly pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Limelight Networks, Inc.)
Overadvances. If Borrower's Borrowers Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.” and inserting in lieu thereof the following:
Appears in 1 contract
Samples: Second Loan Modification Agreement (Bottomline Technologies Inc /De/)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and Section 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseBase (if applicable), Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Energy Industries Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the such excess.
Appears in 1 contract
Overadvances. If Borrower's Borrowers' Obligations under Section Sections 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Ramtron International Corp)
Overadvances. If Borrower's aggregate Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan Agreement (Ats Medical Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank Agent the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Onyx Software Corp/Wa)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 Sections 2.1.1(a), 2.1.2, or 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 exceed the lesser of either (i) the Exim Committed Revolving Line or (ii) the Borrowing BaseMaximum Amount Available to be Advanced, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Daleen Technologies Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2 and 2.1.2A exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3, and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess." and inserting in lieu thereof the following:
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and Section 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) obligations under Section 2.1.1 exceed the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Internap Network Services Corp/Wa)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately shall immediately, upon determining that there is an overage, but no later than upon delivery of the Borrowing Base Certificate in accordance with Section 6.2(b), pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Exim Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Export Import (Pharsight Corp)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1 exceed the ------------ lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Bio Imaging Technologies Inc)
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line minus the Cash Management Sublimit or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Crossroads Systems Inc)
Overadvances. If Borrower's Borrowers' Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must Borrowers shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.2, 2.1.3, and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 Sections 2.1.1, 2.1.2, ------------ 2.1.3, and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1and 2.1.2 exceed the lesser of either (ia) the Committed Revolving Line or (iib) the Borrowing Base, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Samples: Intellectual Property Security Agreement (Perficient Inc)
Overadvances. If Borrower's Borrowers’ Obligations under Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must Borrowers shall immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower must immediately pay in cash to Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under (a) Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, or (b) Section 2.1.1 plus Section 2.1.2 exceed the Credit Limit, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Metro One Telecommunications Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing BaseBase minus the Formula Portion, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (California Micro Devices Corp)
Overadvances. If Borrower's Obligations under Section 2.1.1 2 1.1, 2.1.2 and 2.1.3 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess In addition, if Borrower's Obligations under Sections 2.1.2 and 2.1.3 exceed $500,000 at any one time, Borrower will immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 and 2.1.2 exceed the lesser of either (i) the Committed committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 0 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Overadvances. If Borrower's Obligations under Section 2.1.1 2.1.1, exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Silicon Storage Technology Inc)
Overadvances. If Borrower's aggregate Obligations under Section 2.1.1 211, 212, 2.1.3 and 2.1.4 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Crossworlds Software Inc)
Overadvances. If Borrower's ’s Obligations under Section 2.1.1 2.1.1, exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Silicon Storage Technology Inc)
Overadvances. If Borrower's Obligations under (a) Section 2.1.1 exceed the lesser of either (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower must immediately pay Bank the excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Metro One Telecommunications Inc)
