Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 13 contracts
Samples: Loan and Security Agreement (Focus Enhancements Inc), Loan and Security Agreement (Bsquare Corp /Wa), Loan and Security Agreement (Bluestone Software Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 6 contracts
Samples: Loan Agreement (Advanced Technology Materials Inc /De/), Loan and Security Agreement (Rf Micro Devices Inc), Loan and Security Agreement (Visual Networks Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 6 contracts
Samples: Loan and Security Agreement (Newgen Results Corp), Loan Modification Agreement (T/R Systems Inc), Loan and Security Agreement (T/R Systems Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, 2.1.3 and 2.1.4 of this Agreement Agreement, plus the amount of all outstanding Cash Management Advances, is greater than the lesser of (i) the Committed Revolving Line Commitment or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 4 contracts
Samples: Loan and Security Agreement (Imanage Inc), August 1999 Loan Modification Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line Commitment or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 4 contracts
Samples: Loan and Security Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc), August 1999 Loan Modification Agreement (Imanage Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 4 contracts
Samples: Loan and Security Agreement (Brio Technology Inc), Loan and Security Agreement (Invision Technologies Inc), Loan and Security Agreement (Qualmark Corp)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 3 contracts
Samples: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Corsair Communications Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Vista Medical Technologies Inc), Loan and Security Agreement (Vista Medical Technologies Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess." and inserting in lieu thereof the following:
Appears in 2 contracts
Samples: First Loan Modification Agreement (Natural Microsystems Corp), Fourth Loan Modification Agreement (Bluestone Software Inc)
Overadvances. If, If at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section Sections 2.1.1 and 2.1.4 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan Modification Agreement (Maker Communications Inc), Loan Modification Agreement (Maker Communications Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank Lender pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to BankLender, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Pc Quote Inc), Loan and Security Agreement (Physicians Insurance Co of Ohio)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan Agreement (Lionbridge Technologies Inc /De/), Loan and Security Agreement (Isky Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Objectshare Inc), Loan and Security Agreement (Vista Information Solutions Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spectranetics Corp), Loan and Security Agreement (Simione Central Holdings Inc)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Inktomi Corp), Loan Agreement (Ultradata Corp)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 or 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Allaire Corp), Loan and Security Agreement (Pharmaprint Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank Lender pursuant to Section 2.1.1 SECTION 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to BankLender, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan and Security Agreement (Zindart LTD), Loan and Security Agreement (Intervisual Books Inc /Ca)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 2 contracts
Samples: Loan Agreement (Systemsoft Corp), Loan and Security Agreement (Systemsoft Corp)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, Bank in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations ------------ Advances owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.2 of this Agreement is greater than the Committed Revolving Line, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 Sections 2. 1. 1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount ------------ of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Manhattan Associates Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Exim Agreement is greater than the lesser of (i) the Exim Committed Revolving Line Line, or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Baseaggregate amount available to be drawn under Section 2.1.1, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 or 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Safeguard Health Enterprises Inc)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Astea International Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 Sections 2.1.1, 2.1.2 and 2.1.3 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, whichever is less, then Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, 2.1.2 and 2.13 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower Borrowers to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (SQL Financials International Inc /De)
Overadvances. If, at any time or for any reason, the 10 15 amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.l(a), 2.l(b), 2.1(c) and 2.l(d) of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Juno Online Services Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, 2.1.2, 2.1.3 and 2.1.4 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseCommitment, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Firstwave Technologies Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2. 1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excessthe Obligations exceed the Committed Line.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Avanex Corp)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 211, of this Agreement is greater than (i) with respect to the Committed Revolving Line, the amount of the Committed Revolving Line, and/or (ii) with respect to the Working Capital Line, the lesser of (iA) the Committed Revolving Working Capital Line (subject to the profitability requirement set forth in Section 2.1.1), or (iiB) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (C-Bridge Internet Solutions Inc)
Overadvances. If, at any time or for any reason, If the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, If the amount of Obligations owed by ------------ Borrower to Bank pursuant to Section 2.1.1 2.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseTerm Loan facility amount, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Pacific Biometrics Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section Sections 2.1.1 and 2.1.3 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 Sections 2.1.1, 2.1.2 and 2.1.3 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.. 2.3
Appears in 1 contract
Overadvances. If, at any time or for any reason, If the amount of Obligations Advances owed by Borrower to Bank pursuant to Section Sections 2.1 and 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the then-current Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Mobius Management Systems Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations Obligations, less any unpaid accounts receivable purchased or transferred pursuant to the Asset Purchase Plan between Borrower and Bank, owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of -------------- Obligations owed by Borrower to Bank pursuant to Section 2.1 and Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.3 of this Agreement is greater than than: (a) the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, minus (b) the Foreign Exchange Reserve, Borrower shall immediately pay to Bank, in cash, the amount of such excess."
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower Borrowers shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, If at any time or for any reason, the amount of Obligations --- ------------ Indebtedness owed by Borrower to Bank pursuant to Section 2.1.1 2.1 and 2.5 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Baseaggregate amount available to be drawn under Section 2.1, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the ------------ amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, 2.1.2 and 2.1.3 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 or 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess." and inserting in lieu thereof the following:
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section Sections 2.1, 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess. Interest Rates, Payments, and Calculations.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 SECTION 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseTerm Loan, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excessthe Obligations exceed the Committed Line or Borrowing Base.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of ------------ Obligations owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Natural Microsystems Corp)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) and the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Mission Critical Software Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.3 of this Agreement is greater than than: (i) the lesser of (i) the Committed Revolving Line or the Borrowing Base, minus (ii) the Borrowing Baseface amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), Borrower shall immediately pay to Bank, in cash, the amount of such excess."
Appears in 1 contract
Samples: Fourth Loan Modification Agreement (Bluestone Software Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount mount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseLine, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Exim Agreement is greater than the lesser of (i) the Exim Committed Revolving Line Line, or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Invision Technologies Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1.1, of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing BaseCommitment, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section Sections 2.1.1 and 2.1.2 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time or for any reasonreason prior to the ------------ Initial Public Offering, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Samples: Loan Modification Agreement (Quicklogic Corporation)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section SECTION 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
Appears in 1 contract
Overadvances. If, at any time time, or for any reason, the amount of Obligations owed by Borrower to Bank pursuant to Section 2.1.1 2.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
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Overadvances. If, at any time or for any reason, the amount of Obligations Advances owed by Borrower to Bank pursuant to Section 2.1.1 of this Agreement is greater than the lesser of (i) the Committed Revolving Line or (ii) the Borrowing Base, Borrower shall immediately pay to Bank, in cash, the amount of such excess.
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Samples: Loan Modification Agreement (Art Technology Group Inc)
