Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 12 contracts
Samples: And Security Agreement (Hc2 Holdings, Inc.), Credit and Security Agreement (2nd Swing Inc), Credit and Security Agreement (Pro Dex Inc)
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's ’s request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 6 contracts
Samples: Security Agreement and Fixture Filing (HC2 Holdings, Inc.), Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Bionova Holding Corp)
Revolving Advances to Pay Obligations. Notwithstanding anything in the terms of Section 2.1, the any Lender may, in its discretion at any time or from time to time, without the Borrower's ’s request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 2 contracts
Samples: Possession Loan Agreement (Ener1 Inc), Loan Agreement (Ener1 Inc)
Revolving Advances to Pay Obligations. Notwithstanding ------------------------------------- anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's request and even if the conditions set forth in Section 4.2 Article IV would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 2 contracts
Samples: Britesmile Inc, Britesmile Inc
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.12.2, the Lender may, in its discretion at any time or from time to time, without the Borrower's Borrowers' request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 2 contracts
Samples: Credit and Security Agreement (Leather Factory Inc), Credit and Security Agreement (Sportsmans Guide Inc)
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's Borrowers’ request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 1 contract
Samples: Credit and Security Agreement (Smtek International Inc)
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.12.1 to the contrary, the Lender may, in its discretion at any time or from time to time, without the Borrower's ’s request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 1 contract
Samples: Credit and Security Agreement (Nortech Systems Inc)
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's ’s request and even if the conditions set forth in Section 4.2 would not be satisfied, make a one or more Revolving Advance Advances for the account of the Borrower in an amount equal to the portion of the Obligations from time to time due and payable. The proceeds of each Revolving Advance made pursuant to this Section shall be used only to pay the Obligations then due and payable.
Appears in 1 contract
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at ----------- any time or from time to time, without the Borrower's request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving ------------ Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 1 contract
Samples: Credit and Security Agreement (Primesource Healthcare Inc)
Revolving Advances to Pay Obligations. Notwithstanding anything in Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's Borrowers' request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 1 contract
Revolving Advances to Pay Obligations. Notwithstanding anything in the terms of Section 2.1, the Lender may, in its discretion at any time or from time to time, without the Borrower's Borrowers’ request and even if the conditions set forth in Section 4.2 would not be satisfied, make a Revolving Advance in an amount equal to the portion of the Obligations from time to time due and payable.
Appears in 1 contract
Samples: Loan and Security Agreement (Vein Associates of America Inc)