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, Xxxxxx 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) at any one time outstanding (the “Commitment”). The "Maximum Commitment Amount" will be initially $12,000,000.00 and will be reduced by $600,000.00 on the 20th day of each March and September beginning September 20, 2023, and continuing through and including September 20, 2027, with a final reduction equal to the remaining balance due on March 20, 2028. Within the limits of the Commitment, the Borrower may borrow, repay, and re-borrow.

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Xxxxxx 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) at any one time outstanding (the “Commitment”). The "Maximum Commitment Amount" will be initially $12,000,000.00 16,000,000.00 and will be reduced by $600,000.00 2,000,000.00 on the 20th day of each March and September beginning September 20, 20232022, and continuing through and including September 20, 20272025, with a final reduction equal to the remaining balance due on March 20, 20282026. Within the limits of the Commitment, the Borrower may borrow, repay, and re-borrow.

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Xxxxxx 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) at any one time outstanding (the “Commitment”). The "Maximum Commitment Amount" will be initially $12,000,000.00 35,000,000.00 and will be reduced by $600,000.00 5,000,000.00 on the 20th 1st day of each March and September August beginning September 20August 1, 20232021, and continuing through and including September 20August 1, 20272022, with a final reduction equal to the remaining balance due on March 20August 1, 20282023. Within the limits of the Commitment, the Borrower may borrow, repay, and re-borrow.

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Xxxxxx 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) at any one time outstanding (the “"Commitment”"). The "Maximum Commitment Amount" will be initially $12,000,000.00 10,000,000.00 and will be reduced by $600,000.00 2,000,000.00 on the 20th day of each March and September October beginning September October 20, 20232022, and continuing through and including September October 20, 20272025, with a final reduction equal to the remaining balance due on March October 20, 20282026. Within the limits of the Commitment, the Borrower may borrow, repay, and re-borrow. SECTION 2.

REVOLVING TERM COMMITMENT. On the terms and conditions set forth in the Credit Agreement and this Promissory Note, Xxxxxx 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) at any one time outstanding (the “Commitment”). The "Maximum Commitment Amount" will be initially $12,000,000.00 18,000,000.00 and will be reduced by $600,000.00 2,000,000.00 on the 20th day of each March and September beginning September March 20, 20232022, and continuing through and including September 20, 20272025, with a final reduction equal to the remaining balance due on March 20, 20282026. Within the limits of the Commitment, the Borrower may borrow, repay, and re-borrow.