Common use of Type of Advances Clause in Contracts

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000, with a minimum request of at least $500,000. LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,0001,000,000, with a minimum request of at least $500,0001,000,000. LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b2.2(a); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000500,000, with a minimum request of at least $500,000. LIBOR Advances shall not be available during Default Periods.”

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or Advance, unless the Borrower requests a LIBOR Rate Advance, as the Borrower shall specify in a request delivered the related notice of borrowing or notice of conversion pursuant to the Lender conforming to the requirements of this Section 2.2(b2.2(a) or Section 2.3(a); , provided that during Default Periods, no LIBOR Rate Advances shall be made. Floating Rate Advances and LIBOR Rate Advances may be outstanding at the same time. Each request for a LIBOR Rate Advance shall be in multiples an amount equal to $1,000,000 or a higher integral multiple of $100,000, with a minimum request of at least $500,000. LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower Borrowers shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b2.2(a); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000, with a 500,000 after an initial minimum request of at least $500,0001,500,000. New LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000500,000, with a minimum request of at least $500,0001,000,000. LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower Borrowers shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,0001,000,000, with a minimum request of at least $500,0001,000,000. LIBOR Advances shall not be available during Default Periods. The aggregate outstanding LIBOR Advances shall not exceed at any time 90% of the Maximum Line then in effect.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b2.2(a); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000500,000, with a minimum request of at least $500,0001,000,000. The aggregate principal amount of all LIBOR Advances outstanding shall at no time exceed $10,000,000. LIBOR Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Rate Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Rate Advances may be outstanding at the same time. Each request for a LIBOR Rate Advance shall be in multiples of $100,000, with a minimum request of at least $500,0001,000,000. LIBOR Rate Advances shall not be available during Default Periods.

Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000500,000, with a minimum initial request of at least $500,0001,000,000. LIBOR Advances shall not be available during Default Periods.