Revolving Loan Availability. On the terms and subject to the conditions of this Agreement, each Revolving Lender severally agrees to advance to the Borrower from time to time during the period beginning on the Closing Date up to, but not including the Revolving Loan Maturity Date such loans in Dollars as the Borrower may request under this Section 2.01(a) (individually, a “Revolving Loan”); provided, however, that (i) the sum of (A) the Effective Amount of all Revolving Loans made by such Revolving Lender at any time outstanding and (B) such Revolving Lender’s Total Lender Risk Participation at any time shall not exceed such Revolving Lender’s Revolving Loan Commitment at such time and (ii) the sum of (A) the Effective Amount of all Revolving Loans made by all the Revolving Lenders at any time outstanding and (B) the Effective Amount of all L/C Obligations and Swing Line Loans at any time outstanding shall not exceed the Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Revolving Lenders in accordance with their respective Revolving Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Revolving Lender equal to such Revolving Lender’s Revolving Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, the Borrower may borrow, repay and reborrow Revolving Loans up to, but not including the Revolving Loan Maturity Date.
Revolving Loan Availability. Subject to the terms and conditions of this Agreement, each Bank severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Date and ending on the Revolving Loan Maturity Date such loans as Borrower may request under this PARAGRAPH 2.01 (individually, a "REVOLVING LOAN"); PROVIDED, HOWEVER, that (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed such Bank's Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02
(a) All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.
Revolving Loan Availability. No Borrowing of Revolving Loans shall be made if, after giving effect thereto, (A) the Available Revolving Facility Commitment would be less than zero, or (B) the Available Revolving Lender Commitment of any Revolving Lender would be less than zero.
Revolving Loan Availability. Unless sooner terminated by Lender pursuant to the terms of this Agreement, the period during which the Revolving Loan shall be available shall initially be a period commencing on the date hereof and concluding on the Termination Date.
Revolving Loan Availability. Subject to the terms and conditions of this Agreement, Lender agrees to advance to Borrower from time to time during the period beginning on the Closing Date and ending on October 31, 2024, or such earlier date on which the LLC Term shall end (such date or such earlier date, if applicable, the “Revolving Loan Maturity Date”), such loans as Borrower may request under this Section 2.01 (individually, a “Revolving Loan”); provided, however, that the aggregate principal amount of all Revolving Loans outstanding at any time shall not exceed the Commitment at such time.”
Revolving Loan Availability. Agent shall have received evidence satisfactory to Agent and Lenders that, after taking into account all applicable borrowing limits, Reserve Amounts, ineligibles and closing costs, whether or not paid on the Closing Date and on disbursement of funds and repayment of debts to be paid on the Closing Date, including the pay-off of the Prior Senior Revolving Debt Agreement and the other transactions contemplated thereby, Borrowers have Revolving Loan Availability and unrestricted and available cash on deposit in the United States on the balance sheet of Borrowers and their Subsidiaries (determined on a Consolidated basis) of at least $3,500,000 in the aggregate and after subtracting therefrom the total, as of such date, of the amount, if any, of: (i) each Borrower’s accounts payable which remain unpaid greater than 60 days past the date of the original invoices applicable thereto, or with respect to accounts payable for which any Borrower has received extended terms, which remain unpaid as of the due date thereof, and (ii) any book overdraft of any Borrower relating to accounts payable more than 60 days past the date of the original invoices applicable thereto;
Revolving Loan Availability. No Borrowing of Revolving Loans shall be made if, after giving effect thereto the aggregate outstanding principal amount of all the Revolving Loans (x) of all the Revolving Lenders would exceed the Revolving Loan Commitment Amount or (y) of any Revolving Lender would exceed such Revolving Lender’s Percentage of the Revolving Loan Commitment Amount.
Revolving Loan Availability. Revolving Loan Availability
1. Maximum Revolving Loan Amount: $6,000,000
2. Borrowing Base as of the Determination Date (B.21): $___________
3. Reserves: $___________
4. Maximum Revolver Capacity (Lesser of (i) B.2 minus B.3 and (ii) B.1): $___________
5. Aggregate principal amount of all outstanding Revolving Loans: $___________
6. Revolving Loan Availability (B.4 minus B.5): $___________ The undersigned represents and warrants that the foregoing is true, complete and correct, and that the information reflected in this Borrowing Base Certificate complies with the representations and warranties set forth in the Loan and Security Agreement among the undersigned, the Guarantors identified therein from time to time and Hercules Technology II, L.P., as Lender, as such Loan and Security Agreement may be amended, amended and restated, supplemented, modified or otherwise in effect from time to time. [ ] By: Authorized Signer Hercules Technology II, L.P. 400 Xxxxxxxx Xxxxxx, Suite 310 Palo Alto, CA 94301 Re: Loan and Security Agreement dated as of June [__], 2010 among Unify Corporation (“Borrower”), the Guarantors party thereto and Hercules Technology II, L.P. (“Company”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Agreement”) In connection with the above referenced Agreement, [____________] hereby authorizes the Company to initiate debit entries for the periodic payments due under the Agreement to the Borrower’s account indicated below. [_________] authorizes the depository institution named below to debit to such account. DEPOSITORY NAME BRANCH CITY STATE AND ZIP CODE TRANSIT/ABA NUMBER ACCOUNT NUMBER This authority will remain in full force and effect so long as any amounts are due under the Agreement. By: Date:
Revolving Loan Availability. Subject to the terms and conditions of this Agreement, Lender agrees to advance to Borrower from time to time during the period beginning on the Closing Date and ending on October 31, 2014, or such earlier date on which the LLC Term shall end (such date or such earlier date, if applicable, the “Revolving Loan Maturity Date”), such loans as Borrower may request under this
Section 2.01 (individually, a “Revolving Loan”); provided, however, that the aggregate principal amount of all Revolving Loans outstanding at any time shall not exceed the Commitment at such time. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.
Revolving Loan Availability. On the terms and subject to the conditions set forth in this Agreement, the Lender agrees to make such revolving Advances to the Borrower from time to time during the period beginning on the Closing Date and ending on the Maturity Date as the Borrower may request under Section 2.2; provided, however, that the sum of (i) the Effective Amount plus (ii) the aggregate amount available for drawing under the outstanding Letters of Credit plus (iii) the aggregate amount of all unreimbursed draws with respect to all Letters of Credit, shall not exceed the then applicable Revolving Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under this Agreement without premium or penalty.
