Common use of Procedure for Revolving Credit Advances Clause in Contracts

Procedure for Revolving Credit Advances. The Company may by written notice request a borrowing of Revolving Credit Advances prior to 12:00 noon (New York time) on the Business Day of its request to incur, on that day, a Revolving Credit Advance. Together with each request for a Revolving Credit Advance (or at such other intervals as Laurus may request), the Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of the Company together with all supporting documentation relating thereto. All Revolving Credit Advances shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to the Company's account on Laurus' books. The proceeds of each Revolving Credit Advance made by Laurus shall be made available to the Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to the Company's operating account maintained with such bank as the Company designated to Laurus. Any and all Obligations due and owing hereunder may be charged to the Company's account and shall constitute Revolving Credit Advances.

Procedure for Revolving Credit Advances. The Company may by written notice request a borrowing of Revolving Credit Advances prior to 12:00 noon (New York time) on the Business Day of its request to incur, on that day, a Revolving Credit Advance. Together with each request for a Revolving Credit Advance (or at such other intervals as Laurus may request), the Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of the Company together with all supporting documentation relating thereto. All Revolving Credit Advances shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to the Company's ’s account on Laurus' ’ books. The proceeds of each Revolving Credit Advance made by Laurus shall be made available to the Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to the Company's ’s operating account maintained with such bank as the Company designated to Laurus. Any and all undisputed Obligations due and owing hereunder may be charged to the Company's ’s account and shall constitute Revolving Credit Advances. If the Company shall in good faith dispute any Obligation hereunder, such amount shall be deemed a Disputed Obligation.

Procedure for Revolving Credit Advances. The Company Agent on behalf of any Company may by written notice request a borrowing of Revolving Credit Advances prior to 12:00 noon (New York time) on the Business Day of its request to incur, on that day, a Revolving Credit Advance. Together with each request for a Revolving Credit Advance (or at such other intervals as Laurus may request), the Company Agent shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit AB, which shall be certified as true and correct by the Chief Executive Officer President or Chief Financial Operating Officer of the Company Companies together with all supporting documentation relating thereto. All Revolving Credit Advances shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to the Company's Companies' account on Laurus' books. The proceeds of each Revolving Credit Advance made by Laurus shall be made available to the Company Companies on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to the Company's Companies' operating account maintained with such bank as the Company Companies designated to Laurus. Any and all Obligations due and owing hereunder may be charged to the Company's Companies' account and shall constitute Revolving Credit Advances.

Procedure for Revolving Credit Advances. The Company may by written notice request a borrowing of Revolving Credit Advances prior to 12:00 noon (New York time) on the Business Day of its request to incur, on that day, a Revolving Credit Advance. Together with each request for a Revolving Credit Advance (or at such other intervals as Laurus may request), the Company shall deliver to Laurus a Borrowing Base Certificate in the form of Exhibit A, which shall be certified as true and correct by the Chief Executive Officer or Chief Financial Officer of the Company together with all supporting documentation relating thereto. All Revolving Credit Advances shall be disbursed from whichever office or other place Laurus may designate from time to time and shall be charged to the Company's account on Laurus' books. The proceeds of each Revolving Credit Advance made by Laurus shall be made available to the Company on the Business Day following the Business Day so requested in accordance with the terms of this Section 4 by way of credit to the Company's operating account maintained with such bank as the Company designated to Laurus. Any and all money Obligations due and owing hereunder may be charged to the Company's account and shall constitute Revolving Credit Advances.