Common use of The Line of Credit Clause in Contracts

The Line of Credit. From time to time prior to the Maturity Date (as defined in the Note (as hereafter defined)), subject to the provisions below, the Frost Group shall make Advances (as hereafter defined) to Borrower, which Borrower shall pay and may reborrow, so long as the aggregate amount of Advances outstanding at any one time shall not exceed the Available Amount.

Appears in 3 contracts

Samples: Credit Agreement (eXegenics Inc), Credit Agreement (Modigene Inc.), Credit Agreement (Frost Phillip Md Et Al)

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The Line of Credit. From time to time prior to the Maturity Date (as defined in the Note (as hereafter defined)), subject to the provisions below, the Frost Group Gamma shall make Advances (as hereafter defined) to Borrower, which Borrower shall pay and may reborrow, so long as the aggregate amount of Advances outstanding at any one time shall not exceed the Available Amount.

Appears in 2 contracts

Samples: Credit Agreement (Ladenburg Thalmann Financial Services Inc.), Credit Agreement (Ladenburg Thalmann Financial Services Inc)

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