Common use of Revolving Line of Credit Loan Clause in Contracts

Revolving Line of Credit Loan. The Banks agree to lend to the Borrower, on the Closing Date, and from time to time thereafter on a revolving basis, an amount not to exceed Five Million and No/100 Dollars ($5,000,000.00), pursuant to the terms and conditions set forth in Section 2.04 and the Revolving Line of Credit Notes.

Appears in 2 contracts

Samples: Credit Agreement (Highwater Ethanol LLC), Credit Agreement (Highwater Ethanol LLC)

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Revolving Line of Credit Loan. The Banks agree to lend to the Borrower, on Borrower and the Closing Date, and Borrower agrees to borrow from the Banks from time to time thereafter on a revolving basis, basis an amount not to exceed Five Thirteen Million Two Hundred Fourteen Thousand Three Hundred and No/100 Dollars ($5,000,000.0013,214,300.00), pursuant to the terms and conditions set forth in Section 2.04 2.05 and the Revolving Line of Credit NotesNote.

Appears in 1 contract

Samples: Credit Agreement (Southwest Iowa Renewable Energy, LLC)

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Revolving Line of Credit Loan. The Banks agree to lend to the Borrower, on Borrower and the Closing Date, and Borrower agrees to borrow from the Banks from time to time thereafter on a revolving basis, basis an amount not to exceed Five Eleven Million Four Hundred Twenty-eight Thousand Six Hundred and No/100 Dollars ($5,000,000.0011,428,600.00), pursuant to the terms and conditions set forth in Section 2.04 2.05 and the Revolving Line of Credit NotesNote.

Appears in 1 contract

Samples: Credit Agreement (Southwest Iowa Renewable Energy, LLC)

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