Common Contracts
1 similar Credit and Security Agreement contracts
Credit and Security Agreement (Revolving Loan Facility)Credit and Security Agreement • May 3rd, 2024
WHEREAS, the Borrower has requested that the Lender agree to, among other things, provide a revolving loan facility in the maximum principal amount of $40,000,000 (the “Commitment”) for its operating cash needs for its fiscal year and for Reimbursable Amounts (as hereinafter defined), such Commitment to be available for drawing for the period from June 3, 2024, through August 30, 2024 (the “Availability Period”), and the Lender agrees, subject to the terms and conditions set forth herein, to do so. Certain defined terms used herein have the meanings set forth in Section 11 below.
