Common use of Repayment of Excess Revolving Advances Clause in Contracts

Repayment of Excess Revolving Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred.

Appears in 10 contracts

Samples: Security Agreement (Integrated Biopharma Inc), Financing Agreement (Rafaella Apparel Group,inc.), Financing Agreement (Rafaella Apparel Group,inc.)

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Repayment of Excess Revolving Advances. The aggregate balance -------------------------------------- of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred.

Appears in 1 contract

Samples: Revolving Credit Agreement (Homeseekers Com Inc)

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