Repayments and Reborrowings. The Borrower may repay a Prime Rate Advance at any time and (A) reborrow all or a portion of the principal amount thereof as one or more Prime Rate Advances or Eurodollar Rate Advances, or (B) not reborrow all or any portion of such Prime Rate Advance.
Appears in 2 contracts
Samples: Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Meadowcraft Inc)
Repayments and Reborrowings. The Borrower Borrowers may repay a Prime Rate Advance at any time and (Aa) reborrow all or a portion of the principal amount thereof as one or more Prime Rate Advances or Eurodollar Rate LIBOR Advances, or (Bb) not reborrow all or any portion of such Prime Rate Advance.
Appears in 2 contracts
Samples: Loan and Security Agreement (Intellicall Inc), Loan and Security Agreement (Ild Telecommunications Inc)