Common use of Total Credit Facility Clause in Contracts

Total Credit Facility. In consideration of Borrower's payment and performance of its Obligations and subject to the terms and conditions contained in this Agreement, DFS agrees to provide, and Borrower agrees to accept, an aggregate credit facility (the "Credit Facility") of up to Twenty Million Dollars ($20,000,000) (the "Total Credit Limit"). The Credit Facility shall be available in the form of Floorplan Inventory Loans and Working Capital Loans. No Loans need be made by DFS if Borrower is in Default or if there exists any Unmatured Default. This is an agreement regarding the extension of credit, and not the provision of goods or services.

Total Credit Facility. In consideration of Borrower's payment and performance of its Obligations and subject to the terms and conditions contained in this Agreement, DFS agrees to provide, and Borrower agrees to accept, an aggregate credit facility (the "Credit Facility") of up to Twenty Sixty Million Dollars ($20,000,00060,000,000) (the "Total Credit Limit"). The Credit Facility shall be available in the form of Floorplan Inventory Loans and Working Capital Loans. No Loans need be made by DFS if Borrower is in Default or if there exists any Unmatured Default. This is an agreement regarding the extension of credit, and not the provision of goods or services.

Total Credit Facility. In consideration of Borrower's payment and performance of its Obligations and subject to the terms and conditions contained in this Agreement, DFS agrees to provide, and Borrower agrees to accept, an aggregate credit facility (the "Credit Facility") of up to Twenty Forty Million Dollars ($20,000,00040,000,000.00) (the "Total Credit Limit"). The Credit Facility shall be available in the form of Floorplan Inventory Loans and Working Capital Revolving Credit Loans. No Loans need be made by DFS if Borrower is in Default or if there exists any Unmatured Default. This is an agreement regarding the extension of credit, and not the provision of goods or services.

Total Credit Facility. In consideration of Borrower's payment and performance of its Obligations and subject to the terms and conditions contained in this Agreement, DFS agrees to provide, and Borrower agrees to accept, an aggregate credit facility (the "Credit Facility") of up to Twenty Sixty Million Dollars ($20,000,00060,000,000) (the "Total Credit Limit"). The Credit Facility shall be available in the form of Floorplan Inventory Loans and Working Capital Revolving Credit Loans. No Loans need be made by DFS if Borrower is in Default or if there exists any Unmatured Default. This is an agreement regarding the extension of credit, and not the provision of goods or services.

Total Credit Facility. In consideration of BorrowerDealer's payment and performance of its Obligations and subject to the terms and conditions contained in this Agreement, DFS agrees to provide, and Borrower Dealer agrees to accept, an aggregate credit facility (the "Credit Facility") of up to Twenty Million Dollars TEN MILLION DOLLARS ($20,000,00010,000,000.00) (the "Total Credit Limit"). The Credit Facility shall be available in the form of loans under the Floorplan Facility, Accounts Receivable Facility and the Supplemental Inventory Loans and Working Capital LoansFacility. No Loans loans need be made by DFS if Borrower Dealer is in Default or if there exists any Unmatured Default. This is an agreement regarding the extension of credit, and not the provision of goods or services.