Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 1, 2000, not to exceed the aggregate principal amount of One Million Two Hundred Thousand Dollars ($1,200,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's capital expenditures, and which shall be converted on August 1, 2000, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 1January 10, 20001996, not to exceed the aggregate principal amount of One Million Two Hundred Thousand Dollars TWO MILLION DOLLARS ($1,200,000.002,000,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's capital expenditures, and which shall be converted on August 1January 10, 20001996, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J E attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Samples: Credit Agreement (Datum Inc)
Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 1June 30, 20001997, not to exceed the aggregate principal amount of One Million Two Six Hundred Thousand Dollars ($1,200,000.00600,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's capital expenditurespurchase of equipment, and which shall be converted on August July 1, 20001997, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J B attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July June 1, 20001998, not to exceed the aggregate principal amount of One Four Million Two Hundred Thousand Dollars ($1,200,000.004,000,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's capital expendituresequipment purchases and/or business acquisitions, and which shall be converted on August June 1, 20001998, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J B attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Samples: Credit Agreement (Simpson Manufacturing Co Inc /Ca/)
Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July August 1, 20001997, not to exceed the aggregate principal amount of One Million Two Five Hundred Thousand Dollars ($1,200,000.001,500,000.00) ("Term Commitment"), the proceeds of which shall be used for working capital requirements and to finance Borrower's capital expenditurespurchase new equipment, and which shall be converted on August 1, 20001997, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J C attached hereto ("Term Commitment Note"), ) all terms of which are incorporated herein by this reference.
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Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 115, 20001998, not to exceed the aggregate principal amount of One Million Two Hundred Thousand Dollars ($1,200,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's capital expendituresfor equipment purchases, and which shall be converted on August 1July 16, 20001998, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J B attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 1November 5, 2000, not to exceed the aggregate principal amount of One Ten Million Two Hundred Thousand Dollars ($1,200,000.0010,000,000.00) ("Term Commitment"), the proceeds of which shall be used to finance Borrower's assist with the purchase of budgeted capital expendituresexpenditures for fiscal year 2000, and which shall be converted on August 1November 5, 2000, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J C attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Term Commitment. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to Borrower from time to time up to and including July 1December 30, 20001997, not to exceed the aggregate principal amount of One Three Million Two Hundred Thousand Dollars ($1,200,000.003,000,000.00) ("Term Commitment"), the proceeds of which shall be used to (a) finance Borrower's capital expendituresexpenditures and (b) refinance existing debt, and which shall be converted on August 1December 30, 20001997, to a term loan, as described more fully below. Borrower's obligation to repay advances under the Term Commitment shall be evidenced by a promissory note substantially in the form of Exhibit J B attached hereto ("Term Commitment Note"), all terms of which are incorporated herein by this reference.
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Samples: Credit Agreement (Schlotzskys Inc)