Common use of REVOLVING TERM COMMITMENT Clause in Contracts

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount set forth below at any one time outstanding (the “Commitment”). The Maximum Commitment Amount will be $21,000,000.00 initially and will reduce during the term of the Commitment as follows. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (Lincolnway Energy, LLC)

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REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the the. period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount set forth below at any one time outstanding (the "Commitment"). The Maximum Commitment Amount will be $21,000,000.00 10,000,000.00 initially and will reduce during the term of the Commitment as follows. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (South Dakota Soybean Processors LLC)

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount (as set forth below below) at any one time outstanding (the "Commitment"). The "Maximum Commitment Amount Amount" will be $21,000,000.00 26,000,000.00 initially and will reduce during the term of the Commitment as followsin accordance with the table below. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (South Dakota Soybean Processors LLC)

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount set forth below at any one time outstanding (the “Commitment”). The Maximum Commitment Amount will be $21,000,000.00 18,000,000.00 initially and will reduce during the term of the Commitment as follows. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (Lincolnway Energy, LLC)

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount set forth below at any one time outstanding (the “Commitment”). The Maximum Commitment Amount will be $21,000,000.00 25,000,000.00 initially and will reduce during the term of the Commitment as follows. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (Lincolnway Energy, LLC)

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REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount (as set forth below below) at any one time outstanding (the “Commitment”). The Maximum Commitment Amount Amount” will be $21,000,000.00 25,000,000.00 initially and will reduce during the term of the Commitment as followsin accordance with the table below. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (Lincolnway Energy, LLC)

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Lender agrees to make loans to the Borrower during the period set forth below in an aggregate principal amount not to exceed the Maximum Commitment Amount set forth below at any one time outstanding (the "Commitment"). The Maximum Commitment Amount will be $21,000,000.00 24,000,000.00 initially and will reduce during the term of the Commitment as follows. Within the limits of the Commitment, the Borrower may borrow, repay and re-borrow.

Appears in 1 contract

Samples: Revolving Term Promissory Note (South Dakota Soybean Processors LLC)

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