Common use of The Line of Credit Clause in Contracts

The Line of Credit. Subject to, and upon the terms, conditions, covenants and agreements contained herein and in the Revolving Note (as hereinafter defined), the Bank agrees to loan the Borrower, at any time, and from time to time prior to the maturity of the Revolving Note, such amounts as the Borrower may request, up to but not exceeding at any time, the aggregate principal amount of $100,000,000 (the “Total Commitment”); within such limits and during such period, the Borrower may borrow, repay, and re-borrow hereunder (the “Line of Credit”). All loans under the Line of Credit shall be evidenced by the a Revolving Line of Credit Note (as amended, modified or supplemented from time to time, the “Revolving Note”), substantially in form and substance satisfactory to the Bank, executed by the Borrower and payable to the order of the Bank, and bearing interest upon the terms provided therein (but in no event to exceed the maximum non-usurious interest rate permitted by law). The principal of, and interest on, the Revolving Note shall be due and payable as provided in the Revolving Note. Notation by the Bank on its records shall constitute prima facie evidence of the amount and date of any payment or borrowing thereunder.

The Line of Credit. Subject to, to and upon the terms, conditions, covenants and agreements contained herein and in the Revolving Note (as hereinafter defined), the Bank agrees to loan to the Borrower, at any time, time and from time to time prior to the maturity of the Revolving Note, such amounts as the Borrower may request, request up to but not exceeding at any time, time the aggregate principal amount of $100,000,000 140,000,000 (the “Total Commitment”); within such limits and during such period, the Borrower may borrow, repay, repay and re-borrow hereunder (the “Line of Credit”). All loans under the Line of Credit shall be evidenced by the a Revolving Line of Credit Note (as amended, modified or supplemented supplemented, increased, renewed, extended or replaced from time to time, the “Revolving Note”), substantially ) in form and substance satisfactory to the Bank, executed by the Borrower and payable to the order of the Bank, and bearing interest upon the terms provided therein (but in no event to exceed the maximum non-usurious interest rate permitted by law). The principal of, and interest on, the Revolving Note shall be due and payable as provided in the Revolving Note. Notation by the Bank on its records shall constitute prima facie evidence of the amount and date of any payment or borrowing thereunder.

The Line of Credit. Subject to, and upon the terms, conditions, covenants and agreements contained herein and in the Revolving Note (as hereinafter defined)herein, the Bank agrees to loan the Borrower, at any time, and from time to time prior to the maturity of the Revolving Note, Borrower's promissory note executed in conjunction with this Agreement such amounts as the Borrower may requestrequest up to, up to but not exceeding exceeding, an aggregate principal sum at any time, the aggregate principal amount of time outstanding equal to $100,000,000 40,000,000.00 (the “'Total Commitment”'); within such limits and during such period, the Borrower may borrow, repay, and re-borrow hereunder (the “'Line of Credit”'). All loans under the Line of Credit shall be evidenced by the a Borrower's Eighth Amended and Restated Master Revolving Line of Credit Note (as amended, modified or supplemented from time to time, the “'Revolving Note”'), substantially in form and substance satisfactory to the Bank, executed by the Borrower and payable to the order of the Bank, and bearing interest upon the terms provided therein (but in no event to exceed the maximum non-usurious interest rate permitted by law). The principal of, of and interest on, on the Revolving Note shall be due and payable as provided in set forth on the face of the Revolving Note. Notation by the Bank on its records shall constitute prima facie evidence of the amount and date of any payment or borrowing thereunder.