Common use of Revolving Advances Clause in Contracts

Revolving Advances. (a) Bank will make Advances not exceeding the Committed Revolving Line. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 10 contracts

Samples: Loan and Security Agreement (Xenogen Corp), Loan and Security Agreement (Intrabiotics Pharmaceuticals Inc /De), Loan and Security Agreement (Advanced Power Technology Inc)

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Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 8 contracts

Samples: Loan and Security Agreement Xata Corporation (Xata Corp /Mn/), Loan and Security Agreement (Transoma Medical Inc), Intellectual Property Security Agreement (Homestead Com Inc)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base, whichever is less. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 4 contracts

Samples: Loan and Security Agreement (Orthologic Corp), Loan and Security Agreement (Cacheflow Inc), Loan and Security Agreement (Zefer Corp)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (i) the Committed Revolving LineLine or (ii) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Pharsight Corp), Loan Agreement (Pharsight Corp), Loan and Security Agreement (Ramtron International Corp)

Revolving Advances. (a) Bank will make Advances not exceeding (i) the Committed Revolving Line, minus (ii) the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit). Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Interpore International /Ca/), Loan and Security Agreement (Optika Imaging Systems Inc), Amended And (Rosetta Inpharmatics Inc)

Revolving Advances. (a) Bank will make Advances not exceeding the Committed Revolving LineLine minus the Sublimit Utilization Amount. Amounts borrowed under this Section may be repaid (without penalty) and reborrowed during the term of this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (California Micro Devices Corp), Loan and Security Agreement (Sipex Corp)

Revolving Advances. (a) Bank will shall make Advances not exceeding (i) the Committed Revolving LineLine or the Borrowing Base, whichever is less, and minus (ii) the aggregate outstanding Advances hereunder. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 2 contracts

Samples: Loan Modification Agreement (Phase Forward Inc), Fifth Loan Modification Agreement (Phase Forward Inc)

Revolving Advances. (a) Bank will make Advances advances hereunder (referred to herein as the “Revolving Advances”) not exceeding the lesser of the Committed Revolving LineLine or the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Occam Networks Inc/De)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base, whichever is less. Amounts borrowed under this Section Advances may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Saleslogix Corp)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of the Committed Revolving LineLine or the Borrowing Base. Amounts borrowed under this Section 2 .1 may be repaid and reborrowed during the term of this Agreement.. All Advances shall be evidenced by a Revolving Promissory Note to be executed and delivered by Borrower to Bank on the Closing Date and shall be repaid in accordance with the terms of the Revolving Promissory Note,

Appears in 1 contract

Samples: Loan and Security Agreement (Synchronoss Technologies Inc)

Revolving Advances. (a) Bank will make Advances not exceeding (i) the Committed Revolving LineLine or (ii) the Borrowing Base, whichever is less. Amounts borrowed under this Section 2.2 may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Bio Imaging Technologies Inc)

Revolving Advances. (a) Bank will make Advances not exceeding the Committed Revolving LineLine or the Borrowing Base, whichever is less. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Hotjobs Com LTD)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving Line, subject to the Cap Amount or (B) the Borrowing Base, whichever is less. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Clarent Corp/Ca)

Revolving Advances. (a) Bank will make Advances not exceeding (i) the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement. All advances shall be evidenced by the Revolving Promissory Note to be executed and delivered by Borrowers to Bank on the Closing Date and shall be repaid in accordance with the terms of the Revolving Promissory Note.

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Networks Inc)

Revolving Advances. (a) Bank will shall make Advances not exceeding the lesser of the Committed Revolving LineLine or the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Object Design Inc)

Revolving Advances. (a) Advances. Bank will make Advances not exceeding the Committed Revolving LineLine minus Revolving Obligations. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Lexar Media Inc)

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Revolving Advances. (a) Bank will make Advances not exceeding the lesser of the Committed Revolving LineLine or the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine minus the Cash Management Services Sublimit or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Imatron Inc)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Datawatch Corp)

Revolving Advances. (a) Bank will make Advances not exceeding (i) the lesser of (A) the Committed Revolving LineLine or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Optio Software Inc)

Revolving Advances. (a) Bank will make Advances not exceeding (i) the Committed Revolving LineLine or the Borrowing Base, whichever is less. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Aml Communications Inc)

Revolving Advances. (a) Bank will make Revolving Advances not exceeding (i) the Committed Revolving LineLine or the Borrowing Base, whichever is less. Amounts borrowed under this Section Revolving Advances may be repaid and reborrowed during the term of this Agreement. Revolving Advances shall bear interest as provided in Section 2.3(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (i) the Committed Revolving Line; or (ii) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this AgreementAgreement without penalty or premium.

Appears in 1 contract

Samples: Loan and Security Agreement (Omniture, Inc.)

Revolving Advances. (a) Bank will make Revolving Advances not exceeding the lesser of (A) the Committed Revolving LineLine and (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Vascular Solutions Inc)

Revolving Advances. (a) Bank a)Bank will make Advances not exceeding the Committed Revolving Line. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Viking Systems Inc)

Revolving Advances. (a) Bank will make Advances not exceeding the lesser of (A) the Committed Revolving LineLine minus all amounts for services utilized under the Cash Management Services Sublimit or (B) the Borrowing Base. Amounts borrowed under this Section may be repaid and reborrowed during the term of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Infonow Corp /)

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