Common use of Revolving Line of Credit Clause in Contracts

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event of Default (as hereafter defined) then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 (the "Revolving Line of Credit") until June 30, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (PDF Solutions Inc)

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Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, purposes in an amount not to exceed $2,500,000 4,000,000, with a sub-limit up to $1,000,000 to finance capital equipment expenditures (the "Revolving Line of Credit") . The Revolving Line of Credit shall be available until June 30August 2, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Websidestory Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 500,000 (the "Revolving Line of Credit") until June 30March 15, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Easyriders Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposesworking capital requirements of Borrower, in an amount not to exceed $2,500,000 1,500,000 (the "Revolving Line of Credit") until June 30July 31, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Monterey Pasta Co)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that in no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 5,000,000 (the "Revolving Line of Credit") until June 30July 15, 2000 (the "Revolving Line of Credit Maturity Date"). _ Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Main Street & Main Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event of Default (as hereafter defined) then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 500,000 (the "Revolving Line of Credit") until June 30, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (PDF Solutions Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate working capital purposes, in an amount not to exceed $2,500,000 3,000,000 (the "Revolving Line of Credit") until June 30December 8, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Entrade Inc)

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Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 1,500,000 (the "Revolving Line of Credit") until June 30August 5, 2000 2000, (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Trega Biosciences Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposesworking capital requirements of Borrower, in an amount not to exceed $2,500,000 1,500,000 (the "Revolving Line of Credit") until June 30AUGUST 9, 2000 2001 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date."

Appears in 1 contract

Samples: Credit Agreement (Monterey Pasta Co)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, in an amount not to exceed $2,500,000 3,000,000 (the "Revolving Line of Credit") until June 30March 31, 2000 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Main Street & Main Inc)

Revolving Line of Credit. Subject to the terms and conditions of this Agreement, provided that no Event event of Default (as hereafter defined) default then has occurred and is continuing, Bank shall, upon Borrower's request make advances ("Revolving Loans") to Borrower, for general corporate purposes, working capital and support of standby letter of credit activity purposes in an amount not to exceed $2,500,000 5,000,000 (the "Revolving Line of Credit") until June 30November 5, 2000 2001 (the "Revolving Line of Credit Maturity Date"). Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.

Appears in 1 contract

Samples: Confidential Treatment Requested (Overland Data Inc)

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