Revolver Sample Clauses

Revolver. Advances under the Revolver (“Advances”) will be available up to a maximum amount outstanding at any one time of $15,000,000 (the “Maximum Revolver Amount”), of which (a) WFF commits to provide up to a maximum amount of $10,500,000 and (b) CapSource commits to provide up to a maximum amount of $4,500,000. At least $7,500,000 of the Revolver will be unfunded on the Closing Date.
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RevolverThe Company, the Majority Secured Noteholders (as defined below) and the Majority Convertible Noteholders (as defined below) will mutually agree on whether to repay in full any remaining outstanding amounts due under the Second Amended and Restated Credit Agreement among PWI and Regions Bank (the “Credit Agreement”) and terminate the Credit Agreement. If the Credit Agreement’s terms prevent consummation of the Restructuring on the terms set forth in this Term Sheet without lender consent, then the Credit Agreement will be terminated and the amounts outstanding will be repaid in full.
Revolver. It is the understanding of the parties hereto that Buyer will use commercially reasonable efforts to obtain by Closing a senior working capital facility for Retail Sub.
Revolver. If this Agreement is terminated by Borrower or by Lender under this Section 6.2, Borrower shall pay to Lender a termination fee in an amount equal to the following: (i) 1.0% of the Maximum Revolver Amount, if the effective date of termination occurs during months 1-12 after the Effective Date. The termination fee shall be due and payable on the effective date of termination and thereafter shall bear interest at a rate equal to the highest rate applicable to any of the Obligations. No termination fee shall be payable on the Revolver if it is never approved by Lender and activated by Borrower.
Revolver. This Note is a revolver and thus, Borrower may borrow, repay and then reborrow the Principal amount of this Note, subject to the other terms of this Note.
Revolver. A revolving credit facility (the "Revolver"), expiring on July 31, 1997 (the "Expiration Date"), under which the Bank, subject to the following terms and conditions, will make advances to the Borrower from time to time and the Borrower may borrow, repay, and reborrow such amounts up to the Maximum Principal Amount. Amounts outstanding under the Revolver shall be evidenced by a Revolving Credit Note in the form provided to the Borrower by the Bank (together with any attachments thereto and amendments or modifications thereto in effect from time to time, the "Note").
Revolver. If the underwriters exercise their over-allotment option, the Company will use a portion of the net proceeds from the sale of the additional notes to pay the additional cost of the upsized convertible note hedge transactions (which will be partially offset by any additional proceeds to the Company from the corresponding upsize of the warrant transactions), and use the remainder to repay outstanding indebtedness under the U.S. Revolver.
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Revolver. Parent and a third party shall have executed and delivered the Revolver;
Revolver. The Bank will provide the Company during the Availability Period a revolving credit facility in the maximum principal amount of $8,000,000.00 (the “Revolver”), which will be primarily evidenced by and payable pursuant to this Agreement and a Multiple Advance Note executed by the Company and payable to the order of the Bank in the form of Schedule 1 (the “Revolver Note”). References to a “Schedule” are to a schedule attached hereto, and to a “Section” are to a Section hereof, in either case unless otherwise specified. Some capitalized terms used in this Agreement are defined in Schedule A.
RevolverThis Note is a revolver and thus, Borrower may borrow, repay and then reborrow the available amount of the Commitment; provided, however, that notwithstanding anything else to the contrary contained herein, Xxxxxx has no obligation to make any advance of principal to Borrower under this Note unless each of the conditions precedent in Section 10 have been satisfied and/or fulfilled as determined by Lender in its sole discretion.
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