Common use of REVOLVING FEATURE Clause in Contracts

REVOLVING FEATURE. Borrower may borrow, repay and reborrow hereunder at any time, up to a maximum aggregate amount outstanding at any one time equal to the principal amount of this Note, provided that Borrower is not in default under any provision of this Note, any other documents executed in connection with this Note, or any other note or other loan documents now or hereafter executed in connection with any other obligation of Borrower to Lender, and provided that the borrowings hereunder do not exceed any borrowing base or other limitation on borrowings by Borrower. Lender shall incur no liability for its refusal to advance funds based upon its determination that any conditions of such further advances have not been met. Lender records of the amounts borrowed from time to time shall be conclusive proof thereof.

REVOLVING FEATURE. Borrower may borrow, repay and reborrow hereunder at any time, up to a maximum aggregate amount outstanding at any one time equal to the principal amount of this Note, provided provided, that Borrower is not in default under any provision of this Note, any other documents executed in connection with this Note, or any other note or other loan documents now or hereafter executed in connection with any other obligation of Borrower to LenderBank, and provided that the borrowings hereunder do not exceed any borrowing base or other limitation on borrowings by Borrower. Lender Bank shall incur no liability for its refusal to advance funds based upon its determination that any conditions of such further advances have not been met. Lender Bank records of the amounts borrowed from time to time shall be conclusive proof thereof.

REVOLVING FEATURE. [X] Borrower may borrow, repay and reborrow hereunder at any time, up to a maximum aggregate amount outstanding at any one time equal to the principal amount of this Note, provided that Borrower is not in default under any provision of this Note, any other documents executed in connection with this Note, or any other note or other loan documents now or hereafter executed in connection with any other obligation of Borrower to LenderBank, and provided that the borrowings hereunder do not exceed any borrowing base or other limitation on borrowings by Borrower. Lender Bank shall incur no liability for its refusal to advance funds based upon its determination that any conditions of such further advances have not been met. Lender Bank records of the amounts borrowed from time to time shall be conclusive proof thereof.