Common use of REVOLVING FEATURE Clause in Contracts

REVOLVING FEATURE. Subject to the Maximum Availability and the terms of the Agreement, Borrower may borrow, repay and reborrow under this Note, on a revolving basis, such amounts as the Required Banks determine to lend to Borrower in their sole and absolute discretion. Requests for advances and the making of advances under this Note will be made in accordance with the provisions of the Agreement.

Appears in 6 contracts

Samples: Long Term Revolving Note (Highwater Ethanol LLC), Long Term Revolving Note (Highwater Ethanol LLC), Long Term Revolving Note (Highwater Ethanol LLC)

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