Common use of Term of Facility Clause in Contracts

Term of Facility. Availability under the Facility will expire June 30, 2006. Standby Letters of Credit issued under the facility will be renewable annually at the Lender's option.

Appears in 2 contracts

Samples: Loan Agreement (CRM Holdings, Ltd.), Loan Agreement (CRM Holdings, Ltd.)

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Term of Facility. Availability under the Facility will expire June 30, 20062007. Standby Letters of Credit issued under the facility will be renewable annually at the Lender's ’s option. Except as hereby amended, the Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Loan Agreement (CRM Holdings, Ltd.)

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Term of Facility. Availability under the Facility will expire June 30, 20062007. Standby Letters of Credit issued under the facility will be renewable annually at the Lender's ’s option.

Appears in 1 contract

Samples: Loan Agreement (CRM Holdings, Ltd.)

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